Thanks, but you’re missing the biggest point, which is that it was the socialism within Cyprus that led to their ridiculous financial situation that is now leading essentially to confiscatory economics. The same is true in Greece, and across Europe.
The financial crisis in this country also has huge, huge, roots in socialism, and I would argue that socialism is at the root of the vast majority of financial disasters around the globe.
All investments, savings, and the value of the cash you might stuff in your mattress, is dependent upon the solvency of the system. When socialism destroys the solvency of the system it is not a capitalist market correction to just take from those who have tried to play by the general rules.
The fix for socialism is not more socialism.