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The Water Cooler
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It's coming folks!
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<blockquote data-quote="Hobbes" data-source="post: 2143588" data-attributes="member: 3371"><p>I saw where the banking industry in Cyprus is 7 times the size of the Cypriot GDP( <em>the US banking industry is only 2x our GDP </em>).</p><p>40% of the bank deposits in Cyprus are from overseas, 25% is from Russian oligarchs laundering their money.</p><p></p><p></p><p><strong>Too Big To Fail</strong> strikes again and the taxpayers will be the ones to bail out the banks laundering all that money when it turns sour.</p></blockquote><p></p>
[QUOTE="Hobbes, post: 2143588, member: 3371"] I saw where the banking industry in Cyprus is 7 times the size of the Cypriot GDP( [I]the US banking industry is only 2x our GDP [/I]). 40% of the bank deposits in Cyprus are from overseas, 25% is from Russian oligarchs laundering their money. [B]Too Big To Fail[/B] strikes again and the taxpayers will be the ones to bail out the banks laundering all that money when it turns sour. [/QUOTE]
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