You have to wonder how bad things are in Cyprus. Cyprus President hospitalized for nosebleed caused by stress-exacerbated high blood pressure.
Especially interesting:
“Anastasiades, 68, was in “good health,” and the decision to remain hospitalized was his, not his doctors, said Christodoulides.”
He associates his medical condition with the stress of his job to the extent that the only way he sees to limit the stress is to commit himself to a medical institution.
They’re not going to tell you [that a collapse is coming]. You’re going to have to see it for yourself. [During the Tequila crisis], the Mexican government affirmed they would not default, that they would not devalue, almost daily. The day after they said “we wont devalue,” they devalued by 60%. The government’s never going to tell you that it’s going to happen.
Greece’s Yunker said recently, “When it becomes serious—you have to lie”.