Accepting the EU's egregious terms on a bailout would be awful, but what other option does Cyprus have?
The European Union is going through tough economic signs, but all the indicators show that there is no reason to believe that the union will be leaving anytime soon.
Unemployment in the euro zone steadily rising and hitting new records. The EU unemployment rate in August was 11.4%, a 17-year high.
Angela Merkel has agreed to relax certain conditions of the European bailout as Spain's Mariano Rajoy, Italy's Mario Monti, and France's Francois Hollande convince the German Chancellor.
Financial support should not be provided until systemic problems are resolved and austerity plans are in place.
Time is running out for the EU. Germany is the key, so we should know what it wants to bail out the Union.
Equities continue to jump up and down with little reason. Unless of course you wish to admit, fear remains the biggest factor moving the market on its wild ride.
There are a number of political motivations behind a potential bailout of the EU by the wealthy Germany.