Nigel Farage

I have given up even trying to keep track of the new rumors every minute regarding Cyprus. However, no matter what the outcome is this video interview with the famous Nigel Farage is interesting and informative (whether or not you agree with him). Taking the bailout model to extremes – the EU has given Cyprus an ultimatum – either force savers to save banks, or go bankrupt. United Kingdom Independence Party MEP Nigel Farage gives his perspective on the deposit levy and Cypriot parliament vote. The video is embedded below (despite what I said above note the outlet which conducted the interview, which is not exactly balanced especially on this topic to say the least):

H/T Value Investing World