Better to Bank with Cyprus Than the United States?
- Sunday, April 7, 2013, 8:30
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Imagine that five years ago, you could put your money either with a bank in Cyprus or America. After those five years, the bank in Cyprus will confiscate 10% of your money with a onetime tax. Where would be the more favorable place to deposit your savings?
http://www.forbes.com/sites/davidmarotta/2013/04/07/better-to-bank-with-cyprus-than-the-united-states/
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