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#Cyprus #Bailout: #Stupidity, Short-Sightedness,...
#Cyprus #Bailout: #Stupidity, Short-Sightedness, Something Else? http://t.co/1LZGArnaza
March 20, 2013
Cyprus Bailout: Stupidity, Short-Sightedness, Something Else? " naked capitalism
Yves here. This post from Cyprus.com addresses some important misperceptions about the background leading up to the bank bailout impasse in Cyprus, including the alternatives that were available that were perversely bypassed. I also have a separate post due to launch shortly, but this article is an important stand-alone piece and debunks quite a lot of conventional wisdom.