" Still trying to wrap my head around the Cyprus situation; what makes
it so interesting (as in “may you live in interesting times”) is the
role of the island as a tax, regulation, and law enforcement haven.
It’s not just about the Russian connection, but that connection is
really huge. Here’s another metric: Cyprus is, according to official
figures, the largest single foreign direct investor in Russia — this
from an economy roughly the same size as metropolitan Scranton PA.
What’s that about? The FT..."