3 ms·
If I recall correctly, Cyprus “doesn’t count” because those depositors were making something like 9% interest, and therefore they were morally closer to investo
by alasarmas 4y ago
If I recall correctly, Cyprus “doesn’t count” because those depositors were making something like 9% interest, and therefore they were morally closer to investors. I don’t have a citation at hand...
- shjake 4y agoBack then 9% was such a spectacular yield, “only” 2-3% above what many other more reliable Euro banks were offering