The Cyprus bailout plan could have far greater implications than you think.
Will the Cyprus act of taking money from the bank depositors be the start of a loss of confidence in banks in the Eurozone?
One thing we know for sure is that depositors in Cyprus will be making massive withdrawals from their banks.
If the same thing happens to banks in places like Spain, Italy and Greece, they could very well run into serious trouble soon. And that could be massive.