So what's the big deal? was the message on CNBC, FOX etc, as talking heads crowded the air to explain that Cyprus is a tiny island nobody cares about anyway in the middle of nowhere, where lots of folk don't even speak English, and the bank depositors being robbed were all probably just Russian Mobsters who are laundering money anyway.
But what if folk in Spain, Italy, France, Portugal, Greece - whose banks are in similar straights - get the idea that they might be next? What would you think if you were a depositor in those countries? What would you do?
Thanks god it can't happen here in the good old US of A - right? Right?
Saving Cyprus Means Nobody Safe as Europe Breaks More Taboos
By Simon Kennedy - Mar 25, 2013 8:01 PM ET