Update: March 22, 7:25am
To track some personally noteworthy events, observations and thoughts, letting them age and savor/regret them again a long time later.
Wednesday, March 20, 2013
Cyprus: Stealing depositors' money
First got wind on the 16th I think. Reminded of it on the car radio the next day and I have been watching how this is unfolding. The chickens continue to come home to roost for Europe. The system is not clearing at all. Investors can stop being in denial and wake up their idea. As this roll on they are just going to get weaker. Things fall apart, the centre cannot hold. A continent facing a lost decade?
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