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This Chart Will Tell You Everything You Need To Know About the Crisis In Cyprus

This Chart Will Tell You Everything You Need To Know About the Crisis In Cyprus

"... a lot of money left the banks right before the banks went into lock-down."

As the situation in Cyprus seems to have calmed down a bit, now may be a good time to review the country's financial situation, how it got there, and where things go from here.

And here to address these concerns is a wonderfully comprehensive chart from Demonocracy, a group that specializes in visualizing “usually boring economic data stacked in €100 Euro and $100 Dollar bills.”

 “The big depositors will get hit harder than expected, because a lot of money left the banks right before the banks went into lock-down,” the group's site reads.

“With the lack of backbone, the next political move is rather unpredictable. EU officials say Cyprus is a unique case, but the EU has many countries with over-sized banking sectors,” it adds:

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Follow Becket Adams (@BecketAdams) on Twitter

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