Cyprus Introduces Capital Controls

17 comments on “Cyprus Introduces Capital Controls
  1. Hondo Stalwart says:

    Wow! … No Bank run for You Cypriots … Bondage begins … Where is “Moses”?

  2. john says:

    straight jacketed, carted off to jail, heavily medicated……LOL

  3. Mini US says:

    Cool clips Hondo Stalwart.

    These movies are great around easter time.

    Love the colour.

  4. Robespierre says:

    Well well well. Looka here ! Bitcoin derivatives on the futures market rumors. :)

    Government to regulate bitcoin — will ESF next short bitcoin futures?

    Submitted by cpowell on 06:17PM ET Friday, March 22, 2013. Section: Daily Dispatches

    Web Money Gets Laundering Rule

    By Jeffrey Sparshott
    The Wall Street Journal
    Thursday, March 21, 2013

    http://online.wsj.com/article/SB1000142412788732437320457837461135112520

    The U.S. is applying money-laundering rules to “virtual currencies,” amid growing concern that new forms of cash bought on the Internet are being used to fund illicit activities.

    The move means that firms that issue or exchange the increasingly popular online cash will now be regulated in a similar manner as traditional money-order providers such as Western Union Co. They would have new bookkeeping requirements and mandatory reporting for transactions of more than $10,000.

    Moreover, firms that receive legal tender in exchange for online currencies or anyone conducting a transaction on someone else’s behalf would be subject to new scrutiny, said proponents of Internet currencies.

    … Dispatch continues below …

  5. Nat says:

    That video sums it up nicely.

  6. Rich says:

    Max Keiser meets Max Headroom. :)

  7. JCisJD says:

    And so MAX treads into something called true reality and decides to tap it out on his kitchen table and smoke it ……………ahhhhhhhhhhhhh………pretty colours ….EVERYWHERE

    Expect a whole web site of “FUTURE TREADS” from MAX

  8. davout says:

    bTC vainquished

    smart ass geeks defeated yay!!!

    this time was not different

  9. jogador says:

    Cyprus president ‘warned friends to move money abroad’ before crisis

    http://www.dailymail.co.uk/news/article-2297383/Cyprus-bailout-President-Nikos-Anastasiades-warned-friends-money-abroad.html

    Rich always look after the rich!

  10. febo says:

    The Euro has ended – it is now 2 currencies. Jeremy Warner:
    “it basically makes Cypriot euros into a national currency, rather than part of wider monetary union. The capital controls will severely limit your ability to get your euros out of Cyprus, rending them essentially worthless in the wider eurozone. It would be a bit like telling Scots they can’t spend their UK pounds in England. ”
    http://blogs.telegraph.co.uk/finance/jeremywarner/100023673/if-capital-controls-are-introduced-in-cyprus-it-is-the-end-of-the-single-currency-in-all-but-name/

  11. What-me-worry? says:

    Some Euros are more equal than others.

  12. A “WHACKY” HYPOTHESIS!!!???

    Tales from “The Silk Road”
    50,000 Bitcoins will buy an Assassin. Hmmm! $3.5 million dollars to bump off a Beurocrat. We hear that JFK cost a cool million, and that was paid for in heroin.

    Well that’s “Wacky Inflation” for you! (Moral of the tale, “DO NOT UPSET THE RUSSIAN MAFIA!”)

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