Comments on: How will the Cyprus crisis impact the U.S.? https://calwatchdog.com/2013/03/28/how-will-the-cyprus-crisis-impact-the-u-s/ Thu, 28 Mar 2013 21:20:50 +0000 hourly 1 By: Ulysses Uhaul https://calwatchdog.com/2013/03/28/how-will-the-cyprus-crisis-impact-the-u-s/#comment-9821 Thu, 28 Mar 2013 21:20:50 +0000 http://www.calwatchdog.com/?p=40104#comment-9821 Yawn……same talking heads….where is the Poodle?

]]> By: Brown delta trout https://calwatchdog.com/2013/03/28/how-will-the-cyprus-crisis-impact-the-u-s/#comment-9820 Thu, 28 Mar 2013 16:25:53 +0000 http://www.calwatchdog.com/?p=40104#comment-9820 It’s only paper money, a medium of exchange. It’s the institution supporting the note that give it value. So the question should be, is the institution supporting the dollar acting like Cyprus in the past? Instead of taking large deposits of Russian (foreign) money, we just sell them treasury notes (China). Same-Same.

]]> By: Hondo https://calwatchdog.com/2013/03/28/how-will-the-cyprus-crisis-impact-the-u-s/#comment-9819 Thu, 28 Mar 2013 15:58:09 +0000 http://www.calwatchdog.com/?p=40104#comment-9819 Another commenter here said that it is all ‘vapor paper’. There is no collateral in nearly the whole worlds banking system. Collateral has been re hypothecated so many times that the whole thing is a house of cards. The money in all the banks is
‘vapor paper’.
Hondo….

]]> By: Hondo https://calwatchdog.com/2013/03/28/how-will-the-cyprus-crisis-impact-the-u-s/#comment-9818 Thu, 28 Mar 2013 15:52:52 +0000 http://www.calwatchdog.com/?p=40104#comment-9818 Of course what happens in Europe affects Kalifornia and the USSA. Europe is Amerika’s biggest customer and Europe is officially in another recession right now with southern Europe in a depression verging on collapse. That will stagnate Amerikas economy at best.
Kalifornia is Amerika’s biggest customer. If Amerika wants to sell something, it had better market to Kalifornia. But with Kalifornia having the HIGHEST unemployment rate in the country, the USSA’s economy will be stagnant at best.
With Cyprus stealing the bank accounts of its citizens, there has been a minor run on the banks in the southern EU. Officials have hinted that similar actions my be tried in Greece, Spain, ect. A run on the banks in Europe can’t be good for the world’s economy, and there for, ours.
Hondo……

]]> By: eyeamok https://calwatchdog.com/2013/03/28/how-will-the-cyprus-crisis-impact-the-u-s/#comment-9817 Thu, 28 Mar 2013 15:06:06 +0000 http://www.calwatchdog.com/?p=40104#comment-9817 Is America headed for a Cyprus-like crash?

If you are going to ask a question like this, in my opinion it would only be fair to mention that President Obama and the US Treasury Dept are in complete control of the Decision making process at the IMF and that this “Plan” is and was put forth by OUR GOVERNMENT. The IMF cannot wipe it’s own Nose without US APPROVAL.

So to answer your question : YES

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