3 ms·
And they used to be running on bartering, gold and silver. Things change. I wonder how "running" cyprus is now :P I'd say the fundamentals could be found loo
by cinquemb 14y ago
And they used to be running on bartering, gold and silver.
Things change.
I wonder how "running" cyprus is now :P
I'd say the fundamentals could be found looking in the weaknesses in government/central bank fiat and the controls put in place on how freely people can obtain and receive goods/services.
But yeah, this is a bubble, but if you look at the fundamentals that governments/central banks are running on now, it just takes one country with a overly bloated private banking sector and dieselboom to apply his templates… :P
- nikcub 14y agocyprus doesn't have its own currency, which is why they had to resort to doing what they did they could have otherwise printed a bunch of money and deflated their debt, which is what the US gov does