37% – deposits of Russian mafia and that makes Ciprus different from the rest of the West. Sense of justice is in the mix. But, if that’s the case for some, why not make 90% haircut and then compensate (maybe out of that money) the Cipriots’s deposits? Just like Brits are prepared to compensate their troops’ deposits?
Brilliant as always, Stoneleigh! Very convincing.
“The holy grail has always been some local low-cost storage technology”, says Davefairtex.
I’m surprised however nobody mentioned the newly invented energy storage: liquid batteries to store energy harvested from solar and wind enough for a city. It seems intermediate version: bigger than personal, much smaller than garganuan grids, enough for a larger community. 2 MWh of cheap storage, a size of a shipping container.
SOS! Someone of you the smart guys out there, please teach me how to buy the 13 week (or so) T-bills IN CANADA so that they are in my name, as Nicole suggests. The housing bust here is nearing, but selling a house and park money on savings account or “creative place” seems even riskier than keeping the house. Thank you!!!