If this crazy deal somehow gets through the parliament, expect an uprising. Most households in Cyprus contain at least one gun (partly due to conscription and also due to their love of hunting EVERY Sunday). Not only could this be the end of the euro even earlier than I had anticipated (I expect Spanish and Italian depositors to head for the exits), but it could lead to another war. Cyprus has been raped exactly twice in the last forty years – this time it was its own doing.
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