The Top 4 Lessons of the Cyprus Debacle You Shouldn’t Have to Re-learn

The Top 4 Lessons of the Cyprus Debacle You Shouldn’t Have to Re-learn

“Lesson #1 – Do Not Trust Politicians. Lesson #2 – Ditch the ‘This Can’t Happen Here’ Mentality.  Lesson #3 – Recognize the Pattern (Bank Holiday, Wealth Confiscation, Capital Controls).  Lesson #4 – Take Action Before it is Too Late.  You must take precautionary action and internationalize before it is too late to act. Unless you are part of the political elite, you won’t know exactly when the window of opportunity will slam shut. For Cypriots that moment came on the morning of Saturday, March 16 , 2013. It is better to be a year early than a minute late.”

http://www.internationalman.com/global-perspectives/the-top-4-lessons-of-the-cyprus-debacle-you-shouldn-t-have-to-re-learn

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