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View The Full Original Topic: Why did it take a year?


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Posted By: bubblechris

At last people are beginning to accept that the economic problems were caused by the Banks. Almost all politicians of all sides are now saying the Banks caused the problem but why did it take so long? Orphanides is coming in for more and more criticism as the only person that was responsible for their regulation but why is noone criticising his superiors, the Bankers of the EC and their masters the politicians of the EC. The people responsible for our situation are trying to sort out the mess they created, I can't see it improving until they acknowledge their faults and finally listen to the critics of Orphanides, the likes of Christofias and Akel, and not to the troika of capitalists, Anastasiades, Neophytou and Papadopoulos, that backed him and accepted his view as late as mid 2012 that all was well in the Banking system.



Posted By: FSB Properties

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Posted By: devil

BC Take off those blinkers. There are TWO economic problems. One was caused by the banks, mainly caused by the just-"retired" CBC governor, and which there is a struggle for survival. The more serious problem, for which the country is borrowing an extra EUR 10b, is that the Republic of Cyprus is quasi-bankrupt, thanks to the previous government and, above all, to the former President. The latter, who knew zilch about economics, and just squandered the country's resources, like there was no tomorrow (and there nearly wasn't!). Fortunately, the troika is doing its best to address both problems but is constantly fighting the idiots sitting in Parliament.

Posted By: spanner

  • devil wrote:
    BC
    Take off those blinkers. There are TWO economic problems. One was caused by the banks, mainly caused by the just-"retired" CBC governor, and which there is a struggle for survival. The more serious problem, for which the country is borrowing an extra EUR 10b, is that the Republic of Cyprus is quasi-bankrupt, thanks to the previous government and, above all, to the former President. The latter, who knew zilch about economics, and just squandered the country's resources, like there was no tomorrow (and there nearly wasn't!). Fortunately, the troika is doing its best to address both problems but is constantly fighting the idiots sitting in Parliament.

Like.

Posted By: spurs

OP, should you not be pleased that the country seems to be heading the right way now, maybe a step at a time but good news...

Posted By: Tangutica

  • spurs wrote:
    OP, should you not be pleased that the country seems to be heading the right way now, maybe a step at a time but good news...

You make a valid point and one that I have raised with BC before. That he seems to REJOICE in every word of doom and gloom regarding Cyprus since his idol was ousted. And DENY or refute any good news at all.
Comes across as seeming to want it all to collapse and fail so he can in some warped way 'be proved right about Toff'?


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