Says the man who is being taxed to pay for a bailout thousands of miles away.
Yes, I'm not saying that was the right thing to do, I'm simply pointing out they didn't cause the problem, they're just using some of my money to pay for fixing the problem. I'm not enthusiastic about that, but I like to be clear what misdeeds I'm accusing them of. And that's stealing my money, not stealing Crypriots' money because that they didn't do.
Bullshit.
But they convinced me that there is no reason to worry, and even if country goes default, in no way current accounts may be affected. "This is European Union and banks here can't just grab your money and go" I was told.
I got a hard lesson and now I know the meaning of phrase "TRUST NO ONE".
I'm saying the Greeks could have worked out their own solution, perhaps not even involving Cyprus. But we'll never know, because of the EU.
How could the outcome have been any better for the Cypriot banks than what happened? And if the Cypriot government had done its job, then none of this could have happened, regardless of what the EU might have done.
edit: Whoops, forgot to respond to this one. For one, the Greeks may have worked out their own solution, without even involving Cyprus. Yes, this probably would have involved inflating their way into oblivion, but it certainly would have been better for Cyprus, and the EU is inflating it's way into oblivion, too, and dragging all the Eurozone countries with it.
I'd prefer anarcho-capitalism, but I don't think it's viable, which is why we have social democracy forced upon us.
Note the word forced. I'm not saying we must choose democracy because anarcho-capitalism cannot defend us, but that democracy is forced upon us because those in favour of anarcho-capitalism aren't strong enough to defend it. That's about as far away from wanting a government monopoly as it gets.
Have you considered removing your support from the monopoly provider, and supporting instead a market alternative?
