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Speaking of hurt cypress that's been the story of the week -- -- company and through all those discussions we've had one may question.
Can it happen here.
We have to ask how close are weak to something like that happening here in America tonight a big story.
And you're not gonna have the economy returned to the way it ever was no no time soon and watch -- hero on that affects all of us it can and it already is in terms of inflation.
In terms of -- fears of what the government might do we get a financial crisis in this country.
Because if things start to get Dicey what are you gonna do you're gonna at least withdraw part of your -- -- -- Charleston gonna do was look for we banks pull out.
And spread your -- deposits to a number of banks they're gonna keep things going as long as they possibly can't itself felt -- Fix this economy up and and obviously in my opinion that's gonna have to be some kind of bubble whether it's energy bubble watch but it's something that they're waiting for.
If countries go broke your money is not safe.
And America is heading towards going broke anyway you look at it so -- is turned around that's the ultimate destination.
Joining us now -- counsel general of the Republic of Cyprus of cool Sophia now.
How can governments go through this sort of plan you know except displaying the governor Cyprus when it's clear that.
All the citizens are against -- Well -- thank you for coming here.
As a president stated.
Last week it was very difficult decision but it close the banks under the circumstances.
And to although political parts he's.
Mountain the people aren't behind and they can't be behind them this is the whole thing that I did.
The way I saw this this was a golden opportunity for Cyprus the go it alone.
Yes it would have been a lot of paying yes who don't have problems with defaults and those kind of things.
But you're gonna have a lot of pain anyway at least you get the chance to print your own currency to call your own shots to be your own country and make your own determination.
Instead of taking rules from Germany in the EU and ECB and everyone else who don't seem to have your nation and their best.
Well thank you for asking this because -- -- the years and was never an option.
We're a country that time it's no heavy industry they have no -- could -- protection.
And we we put everything from semen to -- to a tears.
So this was never an option who also the -- -- -- routine we still believe in the European integration.
We're disappointed it's people are to some -- -- and -- -- her.
But that that was and sat I -- in somebody's had a very -- is what's -- -- But sedition according to you know they're all -- -- solutions.
Yes but you know something.
The secret people.
They have -- resume this in the past the show resiliency 1974.
Went for candidates Cyprus we lost everything and you know it was they couldn't nickel.
Of the seventies and eighteens and we know it's going to be very difficult and but we will what cart we are resourceful way -- means.
And to the most important thing you know we don't unite -- and in the present and the constant ministers and all the publications.
And the people they know it's going to be difficult but this is not the first time what.
My thought to also is a couple of thoughts of how this and thank you so much for being with us consul -- -- -- -- -- to have you here.
My thoughts -- a couple of things number one Cypriot people that -- -- seeing obviously the hair cuts right out of their bank accounts where they think that's where their money is state.
Are they worried it can happen again right -- -- pull their money out.
And inexpensive the Euro zone ultimately -- -- hurts the Euro drops are the other European countries really starting to.
Not you believe either in the maybe they feel betrayed by the years.
But thank you for this Christian gonna start from the protecting -- -- one.
Well it seems settles -- Lotta countries now.
They start worrying about -- everybody who has 100 isn't -- the banks and you know European you know you know old.
Saying it that puts -- -- and -- but they -- worry.
And to we see more solidarity now nine.
Last week on BC should now when it comes to the Cypriot people.
Again they'll worry but you know something you know what happened yes think -- was the first day.
That -- -- and after almost two weeks and yes there there were some restrictions on the tennis -- but you know what they gate.
They want to they wanted to withdraw money to send to the children to study abrupt.
Not -- drug might just.
To put it you know under the bed the way grandmothers used to do.
Because we're family based society we help each other he gave priority to -- -- -- that in a debit cards to going get money.
And everybody was -- Don't worry.
They're disappointed and you know something.
We -- -- for what I gotta tell you counsel general we've watched this for the last couple weeks and everyone is extraordinarily impressed with how the Cypriot people handled this.
The world is sympathetic to them and we all know that you guys are gonna make it out of this.
You know me personally I just I -- I wish there was a way.
They could have seized the moment -- you know you've got some great assets there and I don't want you guys solution natural gas and everything else.
You know on fourth soon run out of time but we would like to have you back soon and to thank you very much appreciated.
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