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Tuesday, April 30, 2013

Cypriot Parliament Approves Bailout

http://www.zerohedge.com/news/2013-04-30/cypriot-parliament-approves-bailout

And with that, the resulting depression that is about to be unleashed in Cyprus is nobody else's fault but of the country itself, its politicians and ultimately, its people. So dear Cyprus, you may have a 20% GDP drop every year for the foreseeable future and triple digit unemployment, but at least you will have the EUR and your Stockholm Serf Syndrome.

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