If it has not already, then the world should be taking note of the curious and disturbing situation that is developing in Cyprus. The latest is that some resolution has come to pass in which Cyprus can remain in the Eurozone and deposits over 100,000 euros, not guaranteed by EU governments, will be expropriated to help resolve the debt issue. Most of those who will be affected by this appear to be Russians who have deposited billions in Cyprus. But it does appear that we have what amounts to a never-ending Eurozone crisis where the savings of ordinary Cypriots (small … Continue reading Taking notes 15: Sad Cyprus