This isn’t a long post, just a brief set-sum analogy to make you think. Ireland, Bermuda, and the Cayman Islands are the British/US analogues of Cyprus in relation to wealthy Russian investors – off-shore “tax havens”.
I have picked Ireland as the next spot for such a bank Levy on account-holder “wealth” because the Irish government is in a long-standing Revenue/Spending crunch at least as bad as Cyprus is.
True, the other PIIGS are just as financially troubled, but they don’t have the same [favorable] ratio of foreign-owned monies sitting on deposit, to be freely levied, as Ireland does.
Don’t take your eye off of this ball – the next pitch may well determine the whole game…
WE HAVE BEEN WARNED
LT
~Those who abuse Liberty, sentence themselves to death!
