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View Diary: The Evening Blues - 4-8-13 (63 comments)

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  •  Mornin' joe (1+ / 0-)
    Recommended by:
    joe shikspack

    Yes, that's what the commenter speculated, as well...but what event coincided with that spike in mid-2010 after which there was a precipitous decline in overnight and short-term deposits in Cyprus?  Some accounts connect what happened in Cyprus to decisions made by the G20, but the 2010 G20 in Seoul didn't happen until November.  Besides, that black line represents only Eurozone banks.

    It just has the appearance of being obviously planned, particularly in contrast with what regular Cyprus citizens were doing with their money.  Is this a way, I wonder, to predict where it will happen next?

    •  what i'd need to see... (2+ / 0-)
      Recommended by:
      dharmafarmer, allenjo

      is another chart that plots the banksters timeline against interest spreads.  depending on the available interest spread, their withdrawl behavior back in 2010 might (i have no evidence) mostly mean that they found another place where they could get a more enticing (less risk and/or higher spread) somewhere else.

      dunno, i'm just running the speculator.

      i'm part of the 99% - america's largest minority

      by joe shikspack on Tue Apr 09, 2013 at 06:52:13 AM PDT

      [ Parent ]

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