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View Diary: Bank Run in Cyprus, Will it Spread to Southern Europe? (322 comments)

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    Cyprus is a nation, not a person, an ally, not a friend.  Allies are people who act together out of self-interest, not out of altruistic friendship. If Cyprus had done its job of storage properly, there would have been no explosion. So yeah, no one beside the Cypriotes bears any moral responsibility for that event and its consequences.

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