Research (
Currencies  |  April 02, 2013 10:52:03

Deposits in banks are not without risk. Politicians lie

As in the case of Lehman Brothers Cyprus will not in the future be considered as the cause of the crisis, but rather as another symptom of chronic problems that stifle Western economies. It is in any case very dangerous precedent.

This is a crisis that had inevitably arise when you consider unsustainable credit boom.

Luxembourg Prime Minister (former head of Ecofin) Jean-Claude Juncker has contemporary world fraud two observations:

"We all know what to do, just do not know how to do so after we do that, were re-elected."

"When the going gets tough, we lie."

The government acts as the elite that serves only to itself, not to trust her and operates according to the schedule specified (and limited) the electoral cycle.

Which reminded unpleasant truths Cyprus, can be found on the web Investment

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Vklady v bankách nejsou bez rizika. Politici lžou

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