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Apple Could Solve The Cypriot Banking Problem

Economist/pundit Charles Krauthammer has come up with an interesting proposal that would solve the Cypriot banking scandal and open Apple up to new investment opportunities.

On Fox News he suggested that Apple simply buy the entire island for the cost of the bailout. The first payment of about $13 billion is due in April. Krauthammer said this equates to about a quarter of Apple’s available cash, so it is eminently doable.

However, his best suggestion is renaming the island nation iCyprus. Please click here or on the image below to view the video.

Please excuse the political slant mentioned at the start of the embedded video. TWICE does not have a political oar in this, or any, fight. We just bring the news.