Tag Archive: Zerohedge

Cyprus: The initial compromise and reactions

The initial compromise The Cyprus compromise combines a 10 billion € bailout with European, basically German tax-payers money, that also obliges rich account owners (9.9% levy) – rich Russians and Brits – and poorer account owners (6.75% levy) – Cypriot tax-payers money – to take part in the deal. Initial reactions from Zerohedge over Keynesian mainstream …

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George Dorgan on Zerohedge



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How former central bankers stepped up against the central banks

There are already three former European central bankers who criticize more or less openly the European Central Bank (ECB).

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