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

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  •  evening dharmafarmer... (1+ / 0-)
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    dharmafarmer

    interesting how quick and nimble those crafty, creepy banksters are.  i guess, though, that a lot of their traffic is in overnight deposits and other short term deposits looking to make a spread in a slightly higher interest environment.

    thanks for the charts!

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

    by joe shikspack on Mon Apr 08, 2013 at 07:12:27 PM PDT

    [ Parent ]

    •  Mornin' joe (1+ / 0-)
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      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-)
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        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 ]

    •  Besides, (1+ / 0-)
      Recommended by:
      joe shikspack

      don't these charts make a canard of the line that Russian mobsters had flooded the Cyprus banking system?  If anything, it appears they were duped, too, since that mostly stable, green line elevates ever so slightly after mid-2010.

      I wish I understood all of this better because I think it could be highly valuable to regular folks the world over to be able to anticipate the banksters' moves.

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