By Alexander Apostolides on March 22, 2013

My first shot of Cyprus if it leave the Euro. Disaster for Cyprus!


Loads of people fail to distinguish that a currency union is not the same as the gold standard or other similar deals when you have a currency. We do not have a currency, we do not even have a domestic economy. This is why:
https://docs.google.com/presentation/d/1Xue3hCYQrd_EWd7FR-_QIoRqvGh8iPV3nro4sWJgyag/edit?usp=sharing

1 comment:

  1. Cyprus is really on a bad situation. I hope that they will not be in an economic depression.

    united states financial crisis

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