I am a south african cypriot living in cyprus ... let me tell you that what torika did to cypurs was absolutely f&*king disgusting ... in my opinion , they did this haircut for two reasons 1. as an experiment to eventually be applied to other european countries and 2. to give up the profits of the gas in cypriot waters ..... the gas exploration was not mentioned in the film , I think journeyman should make a film on the gas pockets doscovered in cypriot waters
Thank you Journeyman for this trip you've taken to my small island. You should do an investigative documentary why nobody ever gets blamed and sentenced if he breaks the law in Cyprus. That's the root of the problem i think, corruption in all stages of society.
This is why the entire world should rise up against banker tyranny. I don't know why they would do this to people, because it would be cause a backlash.
It's definitely harsh, but more worrying is that it worked. Cyprus has paid all its debts and is back into growth. It may not be the only bail-in in Europe!
And that makes it OK to have their savings stolen from them? Don't forget that what happened to them could be coming to a country near you. This entire story's about financial mismanagement by bankers, not lazy shop keepers.
Bubbles burst. If economic growth is based on the double counting of currency, instead of the actual creation of wealth (aka buildings, roads, furniture, jewelry, anything tangible) then it will burst, it is designed too. In the USA we borrowed on our borrowings, and when the loans got called, pop! Lesson learned.
So, blame it on the customer. It is almost funny that the former finance minister tries to adopt the excuse of too much spending by the people of Cyprus. It is a flat out lie.The reason is that the bankers played with other peoples money.
The Europeans need to learn from this mistake and get their sovereignty back. How can Cyprus or any other EU country be called independent when they have to follow policies imposed on them by the EU?
They tried the same thing in Iceland Circumstances may have been different But nearly all of Iceland which is a small nation marched to their parliament and demanded that their government leaders step down and began to rewrite their constitution Its still not over yet but the people stood up to the bankers when their leaders would not.
Why a depositer should lose their money is beyond me...Creditors and shareholders yes... but I don't classify a person depositing money in a bank as a creditor... a depositer ... the banks capital must be able to cover the deposits no matter what happens
Hello from NYC! Thank you very much for this documentary from Australian television> I notice that no one representing the EU appears in the documentary. nIf I was working as a journalist, I would be bringing the documentary to EU politicians and ask them to explain why it is necessary for the Cypriot people to endure such conditions. Maybe there will be a second documentary?
This is timeless ... still happening in 2022 throughout the world ... big changes are coming to global societies ... history repeats ... when is the next cycle?
The people of Cyprus brought this on themselves with their apathy. For decades they have been cheering for 'unity' and their broken social benefits, now they cry for help when it all comes crashing down. The signs this was going to happen have been evident for a very long time and it's really no else's fault but their own. Any European reading this that thinks this won't happen to them is sadly mistaken. Leave the Euro while you still can.
Cyprus walked into this eyes wide open. The explosion at the naval base didn't help, destroying a bilion euro power station in a few seconds and plunding Cyprus into the dark ages - quite literary with timed regular power cuts, especially in the summer with power hungry air-conditioning in the hotels.
can't believe how calm these people are after their money got stolen. If this happened in america, there would be rioting in the streets the next day lol.
That is a rather uninformed statement, but you are entitled to your opinion :-) "Nothing in all the world is more dangerous than sincere ignorance or conscientious stupidity." -M. L. King Jr. "I am afraid that ordinary citizens will not like to be told that the banks can, and do, create and destroy money; and they who control the credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people." - R. McKenna, Chairman, Midland Bank London
I mean there are atleast 3 distinct migrations into europe 1) thru mediterranean 2) thru anatolia/caucasus 3) thru arkaim/russia ....at different times giving rise to different tribes of different origins
I am convinced they won't because of the mass stream for 48% of east Europeans and mass fast food chaines. Where are the Cypriot "tou spitiou" little restaurants ? Especially Lemesou, Limassol
I think greeks and northern europeans never had a common ancestry. I mean the slavs/medterraneans came from the phoenicans and that area,, whereas the germanic tribes or the finno-urgic people came from caucasus/russia. Thats probably the divide/differences between greek,italian,spanish,french and the other blue eyed northern tribes. Probably the level of progress/ civilisation varied too.... and maybe the romans infact gave the germanic/northern barbarians their civilisation
The greeks only considered the romans as civilized and everyone else barbarian during Byznatium times, many greeks/romans mixed. The slavs came around 1500 AD with Turkish army and the slavs only lived with other slavs/turks in seperate villages from greeks, most greeks fled to the islands/south and the greeks even to this day are extreme about only mixing with ONLY Greek orthodox Christains. If a greek married a turk/slav they were not greek anymore and had to move to turkey at end of war.
Dew to Cyprus geopolitical position, Turkey invaded the island in July 1974. Seizing the opportunity of political instability, within a few days half of the island was under Turkish occupation. Thousands had dropped dead, half of the population lost their property and became refugees in their own country!!
Only gold and silver can bring you outside of the banking matrix and help you from the banking theft. "You can't eat it!" - they say....because they have none.
Look up the Money Masters, If people especially in a small nation can agree on what has value how much value the real property is worth you can form your own currency. Money is just a promise among people. The most successful currency ever were notches carved into a stick. Wiki Tally sticks. It could be rocks if we all agree on what the rock is worth. The real value is in the homes, farms, bakeries, services, like the nurse featured their is value in what she does.
you invaded EU - because you still money from Euro Zone Currency...being in your country. That's why we collect for you money to help you. Try to read some publications - what is EU ??? what have you sign in 2009
very nice video,but our main problem remains the national. the illegal invasion of the Turks on our island! Our people still remember the great war crimes that Turks done against us! Don't try make us forget the main problem with the economic crisis.!
you are in error.,..Greece, Turkey, and the UK signed a treaty about the island, the Greek junta (why are they always colonels) and some right wing Greeks wanted 'enossis' with Greece while the minority Turkish Cypriots opposed that...the treaty kept that away. Unfortunately the congress stopped aid to Turkey so then Turkey closed our bases in Turkey and K think it went to hell after that..
don't worry, they might have gotten a head start in the race towards civilization and a favorable environment...but there is a reason that they are broke now and can't dig themselves out of the hole.
Fractional Reserve means There is No Money in the banks. At best they have about 7% of Money equivalent ... so in reallity they can have at best 3.5% of depositors money. I say to everyone, Buy Gold while it is very very cheap. Get Real Money to protect yourself !
no they didn't. that wasn't even an issue. the economy of the private sector was and is still healthy. you are trying to insult liberals but you are using wrong examples.
I don't mean to offend anyone but ancient greeks are totally different from the present greek people.now they are mixed race people of slavic and the turkish nas the albanian! and they look like arabs not european
"Those who don't know history are doomed to repeat it.”
― Edmund Burke
Haircut?! How bout we call it what it is...OUT RIGHT THEFT!!
I am a south african cypriot living in cyprus ... let me tell you that what torika did to cypurs was absolutely f&*king disgusting ... in my opinion , they did this haircut for two reasons 1. as an experiment to eventually be applied to other european countries and 2. to give up the profits of the gas in cypriot waters ..... the gas exploration was not mentioned in the film , I think journeyman should make a film on the gas pockets doscovered in cypriot waters
Sad,I think Cyprus would have been better off as NON a Member of the EU..
26:26....."We are fighters".........---Someone just stole all your money from you and no one did ANY fighting.... ....
Thank you Journeyman for this trip you've taken to my small island. You should do an investigative documentary why nobody ever gets blamed and sentenced if he breaks the law in Cyprus. That's the root of the problem i think, corruption in all stages of society.
how the hell are theses people supposed to survive ....keep their business going, pay their workers...live ..its a bloody disgrace
This is why the entire world should rise up against banker tyranny. I don't know why they would do this to people, because it would be cause a backlash.
When you see corruption being rewarded and honesty becoming a self sacrifice ~ you may know that your society is doomed.
It's definitely harsh, but more worrying is that it worked. Cyprus has paid all its debts and is back into growth. It may not be the only bail-in in Europe!
And that makes it OK to have their savings stolen from them? Don't forget that what happened to them could be coming to a country near you. This entire story's about financial mismanagement by bankers, not lazy shop keepers.
"North europeans" how ironic.. when there is money you dont care about anyone. Look at dubai, how much do they care about the suffering arabs?
Bubbles burst. If economic growth is based on the double counting of currency, instead of the actual creation of wealth (aka buildings, roads, furniture, jewelry, anything tangible) then it will burst, it is designed too. In the USA we borrowed on our borrowings, and when the loans got called, pop! Lesson learned.
So, blame it on the customer. It is almost funny that the former finance minister tries to adopt the excuse of too much spending by the people of Cyprus. It is a flat out lie.The reason is that the bankers played with other peoples money.
The Europeans need to learn from this mistake and get their sovereignty back. How can Cyprus or any other EU country be called independent when they have to follow policies imposed on them by the EU?
They tried the same thing in Iceland Circumstances may have been different But nearly all of Iceland which is a small nation marched to their parliament and demanded that their government leaders step down and began to rewrite their constitution Its still not over yet but the people stood up to the bankers when their leaders would not.
very eloquent and proud lady..
Why a depositer should lose their money is beyond me...Creditors and shareholders yes... but I don't classify a person depositing money in a bank as a creditor... a depositer ... the banks capital must be able to cover the deposits no matter what happens
Hello from NYC! Thank you very much for this documentary from Australian television> I notice that no one representing the EU appears in the documentary. nIf I was working as a journalist, I would be bringing the documentary to EU politicians and ask them to explain why it is necessary for the Cypriot people to endure such conditions. Maybe there will be a second documentary?
Very sad . The U.K has struck the E.U now its time for the other nations to give the final blow
when are we as humans going to relinquish the need for money and value labor and our production for all to share?
This is timeless ... still happening in 2022 throughout the world ... big changes are coming to global societies ... history repeats ... when is the next cycle?
The world laughs at the EU failure. They call it karma. I am a Dutchman, living in Indonesia for 10 years now.No pity.
The people of Cyprus brought this on themselves with their apathy.
For decades they have been cheering for 'unity' and their broken social benefits, now they cry for help when it all comes crashing down.
The signs this was going to happen have been evident for a very long time and it's really no else's fault but their own.
Any European reading this that thinks this won't happen to them is sadly mistaken.
Leave the Euro while you still can.
Cyprus walked into this eyes wide open. The explosion at the naval base didn't help, destroying a bilion euro power station in a few seconds and plunding Cyprus into the dark ages - quite literary with timed regular power cuts, especially in the summer with power hungry air-conditioning in the hotels.
can't believe how calm these people are after their money got stolen. If this happened in america, there would be rioting in the streets the next day lol.
Thank you so much for this incredible documentary!
Oil was found then this happened, coincidence?
A shame then that all of Cyprus' gold reserves are to be sold as requested by Germany.
cheers to optimism! breaks my heart!
That is a rather uninformed statement, but you are entitled to your opinion :-)
"Nothing in all the world is more dangerous than sincere ignorance or conscientious stupidity." -M. L. King Jr.
"I am afraid that ordinary citizens will not like to be told that the banks can, and do, create and destroy money; and they who control the credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people." - R. McKenna, Chairman, Midland Bank London
I mean there are atleast 3 distinct migrations into europe 1) thru mediterranean 2) thru anatolia/caucasus 3) thru arkaim/russia ....at different times giving rise to different tribes of different origins
btw its called roussos villas cos that was the name of the guy who built the place, p.s i was born, raised, and live in Limassol.
I am convinced they won't because of the mass stream for 48% of east Europeans and mass fast food chaines. Where are the Cypriot "tou spitiou" little restaurants ? Especially Lemesou, Limassol
Mr Sarris, How much money did YOU PERSONALLY lose to the haircut?
Answer honestly. Thanks
I think greeks and northern europeans never had a common ancestry.
I mean the slavs/medterraneans came from the phoenicans and that area,, whereas the germanic tribes or the finno-urgic people came from caucasus/russia. Thats probably the divide/differences between greek,italian,spanish,french and the other blue eyed northern tribes.
Probably the level of progress/ civilisation varied too.... and maybe the romans infact gave the germanic/northern barbarians their civilisation
The greeks only considered the romans as civilized and everyone else barbarian during Byznatium times, many greeks/romans mixed. The slavs came around 1500 AD with Turkish army and the slavs only lived with other slavs/turks in seperate villages from greeks, most greeks fled to the islands/south and the greeks even to this day are extreme about only mixing with ONLY Greek orthodox Christains. If a greek married a turk/slav they were not greek anymore and had to move to turkey at end of war.
Dew to Cyprus geopolitical position, Turkey invaded the island in July 1974. Seizing the opportunity of political instability, within a few days half of the island was under Turkish occupation. Thousands had dropped dead, half of the population lost their property and became refugees in their own country!!
That is just fucked up. Time to go withdraw my money from the bank...
glad i dont live there
Well,this is because you are divided,but were you united,you'd be a force no one would dare to oppose.Just think about it, no need to accept my POV.
At the start , this is To limanaki tou Paphou , so ,Paphos and not Lemesou - Limassol
What a year it has been ~Cyprus #Cyprus #Haircut #Troika
So basically if a private bank goes bankrupt -you'll end up with nothing . Or the government helps out ?
Only gold and silver can bring you outside of the banking matrix and help you from the banking theft. "You can't eat it!" - they say....because they have none.
'they lived in caves upto 200 bc' ...funny what the greeks think of northern europeans
Look up the Money Masters, If people especially in a small nation can agree on what has value how much value the real property is worth you can form your own currency. Money is just a promise among people. The most successful currency ever were notches carved into a stick. Wiki Tally sticks. It could be rocks if we all agree on what the rock is worth. The real value is in the homes, farms, bakeries, services, like the nurse featured their is value in what she does.
after 27 and half minutes of watching this video, that bothered you?
seriously?
you invaded EU - because you still money from Euro Zone Currency...being in your country. That's why we collect for you money to help you. Try to read some publications - what is EU ??? what have you sign in 2009
very nice video,but our main problem remains the national. the illegal invasion of the Turks on our island! Our people still remember the great war crimes that Turks done against us! Don't try make us forget the main problem with the economic crisis.!
only way ,,ICELAND,,,way .................!
you are in error.,..Greece, Turkey, and the UK signed a treaty about the island, the Greek junta (why are they always colonels) and some right wing Greeks wanted 'enossis' with Greece while the minority Turkish Cypriots opposed that...the treaty kept that away. Unfortunately the congress stopped aid to Turkey so then Turkey closed our bases in Turkey and K think it went to hell after that..
don't worry, they might have gotten a head start in the race towards civilization and a favorable environment...but there is a reason that they are broke now and can't dig themselves out of the hole.
Fractional Reserve means There is No Money in the banks. At best they have about 7% of Money equivalent ... so in reallity they can have at best 3.5% of depositors money.
I say to everyone, Buy Gold while it is very very cheap.
Get Real Money to protect yourself !
If you stuck together you could take on the Evraii but you wont.... and now you eat pork Gyros instead of lamb
I think all Europeans should watch this documentury very carefully, I have a feeling history is about to repeat itself.
Not just europe, amerika is litterally working on laws for this
nice one
And the Russian Mob lost nothing....
plenty more haicuts to come for us all .
no they didn't. that wasn't even an issue. the economy of the private sector was and is still healthy. you are trying to insult liberals but you are using wrong examples.
08:14
Bread and Milk bagged together.. what the fuck woman.
Gorevet Whats Wrong With Putting Them Together ?
wtf is your problem?? just discussing history here
OMG.
What you wrote has nothing to do with what i wrote.
Very narrow minded view of the Turkish Cypriots.
Cyprus, Population 1.117 million (2011)
If a foreign country invade yours, then you can have an opinion/
you sound educated
m8 google greek journalists interview argentina finance minister! 2013.
Ironic that this is happening in the birthplace of democracy.
came here from Steve-o
ok
I don't mean to offend anyone but ancient greeks are totally different from the present greek people.now they are mixed race people of slavic and the turkish nas the albanian! and they look like arabs not european