Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
You declare a bank holiday to deploy a credible solution to a banking problem. That's what FDR did in 1933 with his Emergency Banking Act. What they're doing in Cyprus is a non-solution, as in Argentina in 2001.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
by Migeru (migeru at eurotrib dot com) on Sun Mar 17th, 2013 at 06:00:11 PM EST
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