What did they do exactly? You mean this?
imposing a one-time bank deposit levy on all uninsured deposits there, and possibly around 48% of uninsured deposits in the Bank of Cyprus (the island's largest commercial bank). A minority proportion of it held by citizens of other countries (many of whom from Russia), who preferred Cypriot banks because of their higher interest on bank account deposits, relatively low corporate tax, and easier access to the rest of the European banking sector. This resulted in numerous insinuations by US and European media, which presented Cyprus as a 'tax haven' and suggested that the prospective bailout loans were meant for saving the accounts of Russian depositors.[4][5] No insured deposit of €100,000 or less would be affected
Even if US decides to take a haircut from all the money in banks, there would be a lower bound, like $250K or something. Right? Luckily I'm not rich enough to worry about that yet lol. And USD can just keep printing money to save its a*s, no?
About the cattle thing, most efficient way of exploiting cattle is by making them function as well as possible so they can pay tax as long and as much as possible. I don't know who has the power in the world but it is in their best interest to make the system continue functioning, so they can continue exploiting their cattle. No?
