A run on Cyprus banks: Your ATM transaction has been canceled due to a technical issue.

Congratulations Cyprus savers – you were just betrayed by both your politicians, and by Europe – sorry, but you are the “creeping impairments” in the game known as European bankruptcy. And so is anywhere between 6.75% and 9.9% of your money, which you were foolish enough to keep with your banks (where at least you were compensated with a savings yield of… 0%).

More importantly, as of this morning Europe has finally grasped that there is a 6.75% to 9.9% premium to holding physical cash in your mattress rather than having it stored with your local friendly insolvent bank.

Luckily Cyrpus is so “small” what just happened there will never happen anywhere else: after all in Europe nobody has ever heard of “setting an example”. Or so the thinking among Europe’s unthinking political elite goes.

And congratulations Europe: just when people almost believed you things are “fixed” you go ahead and prove to the world that you are as disunified (because size doesn’t matter in a true union), as confused, as stupid and as broke as ever.

Text and photos

Editor’s note: Coming soon to a bank in your neighborhood?

God’s Exquisite Timing

Q: What significance did the Bible prophet Ezra have?

A: After the pagan King Cyrus suddenly offered to finance the rebuilding of Jerusalem and the Temple, and return all the sacred Temple vessels, which had earlier been carried off by the Babylonians (this decision by Cyrus was a great miracle … second only to the miraculous conversion of the Roman Emperor Constantine, in new testament times) Ezrah volunteered to get the work done.

This set everything in place for the advent of Jesus, the Messiah, a few hundred years later.

God’s timing is always exquisite.