After parliament rejects bail-out, what is the solution to the crisis in Cyprus?
Marx wrote in the 18th Brumaire that history repeats itself first as a tragedy and then as a farce. This is what is happening in Cyprus. We are witnessing a situation similar to two years ago when the EU put pressure on Greece to accept a bail-out, but this time around 56 Cypriot politicians have created a huge problem for capitalists across Europe.
