Showing posts with label won't bail out. Show all posts
Showing posts with label won't bail out. Show all posts

Monday, April 1, 2013

Russia Won’t Bail Out Cyprus Savers Facing Deposit Losses

So Russia is now an anti-bank bailout capitalist country, while the US, Europe, and Japan continue to socialize losses in their insolvent banking industries?  The world is upside down...

http://www.bloomberg.com/news/print/2013-04-01/russia-won-t-bail-out-cyprus-savers-facing-deposit-losses.html