Russian Ministry Of Foreign Affairs: ‘Get All Money Out Of Western Banks Now!’
According to this ‘urgent bulletin,’ this warning is being made at the behest of Prime Minister Medvedev who earlier today warned against the Western banking systems actions against EU Member Cyprus by stating:
‘All possible mistakes that could be made have been made by them, the measure that was proposed is of a confiscation nature, and unprecedented in its character. I can’t compare it with anything but … decisions made by Soviet authorities … when they didn’t think much about the savings of their population. But we are living in the 21st century, under market economic conditions. Everybody has been insisting that ownership rights should be respected.’
Medvedev’s statements echo those of President Putin who, likewise, warned about the EU’s unprecedented private asset grab in Cyprus calling it ‘unjust, unprofessional, and dangerous.‘
In our 17 March report ‘Europe Recoils In Shock After Bankster Raid, US Warned Is Next‘ we noted how Russian entities have €23-31 billion ($30-$40) in cross-border loans to Cypriot companies tied to Moscow, and €9 billion ($12 billion) on deposit with Cypriot banks [as compared to the €127 billion ($166 billion) being kept in similar circumstances by 60 of the United States largest corporations in offshore accounts to avoid paying American taxes] which are in danger of being confiscated by EU banksters.
Unbowed by the misery they have inflicted upon the entire continent, however, and in spite of Russian warnings, European Union officials hardened their stance against Cyprus today by announcing that if the Cypriot government did not allow the raiding of private bank accounts by Monday they would be forced to destroy their banks, which remain closed for the seventh straight day and have no signs of opening soon.” Read more.
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