Zero Hedge has a great comment in one their posts

Just wanted to say that Zero Hedge is a great resource.

Now, for the latest reason why I am praising them to the hilt.  Got this from the comment section of this seemingly innocuous post:

Sinclair - All Hell Is Breaking Loose After Cyprus Catastrophe

Sinclair: “Taking Russian money is very foolish. You have to understand the culture of the people you are dealing with. The government leaders in Cyprus have no ability to protect themselves from the retribution of the former Russian KGB agents, including Putin himself.



The government leaders in Cyprus are trying to back-pedal right now in order to save their lives.  

Comment:

Think Khan in the movie Wrath of Khan.  These are the guys who kill people using the most unusual ways and means.  Saving their lives is no exaggeration of the situation, in my estimation.


Update:

Maybe it is an exaggeration, who knows---now I am not sure.  Evidently, there was a consultation with the Russians.  But they are talkiing about making it more "progressive" which puts them into hot water.