Cyprus Update — The Genie’s Out Of The Bottle

It’s all over but the post mortems. Eurocrats demanded their pound of flesh. Cypriot officials surrendered. They sold out their people. They deserve better. Expect greater than ever hard times. Expect growing poverty, unemployment and despair. Expect public anger. At issue is whether it’ll bubble up and explode. Zero Hedge headlined “Next Up For Cyprus: Depression.” […]