Tuesday, March 19, 2013

How Much Is Too Much?

ZeroHedge posts this graph to explain a theory about the timing of the Cyprus money-grab.  European money (red line) has been leaving Cyprus since 2010.  Better to steal be prudent now before the Russian money (green line) leaves too.

Russian depositors will lose an estimated $3b in this "one-off". 

We wonder how much has to be stolen used for the bail-out before someone gets hurt.

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