The German controlled European Central Bank and the American run International Monetary Fund have authorised the theft of almost €7 billion from Cypriot citizens.
How long will it take the think tank plonkers’ of the Tory/Liberal cabal ,in charge of the UK finances, to opt for the same course of action. If policymakers were looking for a way to undermine the public trust that underpins the foundation of any banking system they could not have done a better job.
People once laughed at Premier Harold Wilson who blamed Gnomes of Zurich for being the architects of the devaluation of the pound forty years ago. London self appointed centre of world finance is like a barrel of rotting apples. Bad to the core. It must be obvious to even the most ignorant of observers that a few city slickers are manipulating the world’s interest rates [libor] and commodity prices to feather their own nests.
The stock markets are illogically high when compared to sensible economic parameters. High because people are being led into buying share on fear of losing 5% of cash savings. The louts of London will make yet another killing when the footsie “readjusts” later in the year. I need a new bed with cupboards to store what paltry savings I have in the bank.