Cyprus Deposit Confiscation Bail-in Visualized

cyprus infographicOur friends at Demonocracy have released an excellent infographic visualizing the recent Cypriot wealth confiscation by the ECB and the IMF, the size of the depositor haircuts, and the bank run in progress by Cypriots (and preceded by wealthy Russian and UK depositors who were able to withdraw billions while the bank holiday persisted).

The Cyprus Deposit Confiscation Bail-In Visualized:

 

 

 

 

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