Doesn't matter at all where it started, Cyprus and it's people benefited a lot from the financial bubble (and from EU,) until it collapsed. No country has it be

Doesn't matter at all where it started, Cyprus and it's people benefited a lot from the financial bubble (and from EU,) until it collapsed. No country has it better now, taxes are going up and spending is being cut down even in richer countries. Everyone was living in a bubble We forget how bank operate: they ask you to trust them with your cash and in return they promise to safeguard your capital and even give you interest a year. Well, what if their investments lose most of the money and the government cannot bail them out? They go kaput!