Pimco CEO Mohamed El-Erian told CNBC today that the decision to loot the bank accounts of Cypriot savers could blow up Europe and lead to civil unrest across the continent.
http://www.infowars.com/ceo-cyprus-ba...
News that the International Monetary Fund initially demanded to loot a shocking 40% of savings from the private bank accounts of Cypriots underscores how residents of the Mediterranean country could be the latest victims of the infamous "IMF riot," as the chief economist of the German Commerzbank calls for Italians to be similarly plundered for 15% of their savings. Source
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