Fantasy Island

Lemtich



Joined: 15/02/2007
Posts: 1487

Message Posted:
17/11/2008 21:46

I picked up this link from another BB about a Forbes Business analysis of Cyprus both north and south.



Interesting stuff.



http://www.forbes.com/forbes/2006/0424/090.html



Lem

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
17/11/2008 21:56

Kev,

What a very interesting article thanks for posting ,

Paul.

The-Wicks


Joined: 27/05/2007
Posts: 2279

Message Posted:
17/11/2008 21:57

Thanks Lem - makes very interesting reading indeed.

Jean

AlsancakJack



Joined: 14/08/2008
Posts: 5762

Message Posted:
17/11/2008 22:12

No Lem it can't be true, the ROC partaking in illegal activities?

And I thought they were the good guys.

karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
17/11/2008 22:18

The greek cypriots up to their necks in it , i just cant beleive it i will have to go lie down with a bottle of valium and a bottle of my finest malt.

Lemtich



Joined: 15/02/2007
Posts: 1487

Message Posted:
17/11/2008 23:46

For those that are interested in the global financial system, take a look at this link, bear with it and you will find out how to create money out of thin air.



Not only that, when the bank lends you money, it was all just made up, they didn't lend you any of their own holdings.



http://www.zeitgeistmovie.com/



Lem

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
18/11/2008 11:28

hi lem makes you think, wonder how much found iys way to the casinos very interesting thank you lilli

PtePike



Joined: 20/05/2008
Posts: 2334

Message Posted:
18/11/2008 18:32

Sounds familiar?



"If you want dirty business, look at the Turk-occupied north, say Cypriot authorities. A potentially charming tourist destination, this slice of the island has been racked by embargoes and years of ethnic anger, making it all but impossible for sizable investment to take root. A visitor notices the abundance of half-finished construction projects--launched when the island's divisions seemed at an end--and a dearth of upscale hotels, Western banks and amenities. The void is filled by casinos, some two dozen of them, owned by Turkish mainlanders and essentially unregulated. Some 500 "finance institutions" that give loans are also unregulated, and a 2004 U.S. State Department report says northern Cyprus has become a conduit for narcotics trade between Turkey and Britain as well as a destination for money launderers.



One finance institution was a conduit for funds transferred between organized crime rings and corrupt politicians, according to the U.S. Treasury."