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Author Topic: Greece Banks Closed!  (Read 102 times)

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Offline JimforJesus

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Greece Banks Closed!
« on: Yesterday at 10:58:28 AM »
Things are getting ugly.

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Greece Banks Closed!
« on: Yesterday at 10:58:28 AM »

Offline Buster D Body Crab

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Re: Greece Banks Closed!
« Reply #1 on: Yesterday at 11:44:22 AM »
They initially closed to stem the flood of withdrawls by customers.

BBC News: Greece debt crisis: Banks to remain shut all week June 29,2015

This is like unto what happened in America with the banks during the depression.

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Re: Greece Banks Closed!
« Reply #1 on: Yesterday at 11:44:22 AM »

Online Johnb

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Re: Greece Banks Closed!
« Reply #2 on: Yesterday at 03:01:06 PM »
Buster I believe we are headed that way again.  We could be next.

Offline Buster D Body Crab

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Re: Greece Banks Closed!
« Reply #3 on: Yesterday at 03:50:43 PM »
Buster I believe we are headed that way again.  We could be next.

Very possible. That can be why people are buying gold and silver in small increments, like coin, etc... Because if they need to feed their family and all they've got is a large ingot that's what they're paying. While a smaller denomination of gold or silver piece would do the same thing.

Isn't Greece part of the EU?
 

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Re: Greece Banks Closed!
« Reply #3 on: Yesterday at 03:50:43 PM »

Online Johnb

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Re: Greece Banks Closed!
« Reply #4 on: Yesterday at 07:34:10 PM »
Yes they are part of E U  and have been bailed out before.  They have a socialist country that provides every thing to every body.  eople retiring in their early 40s with large pensions.  No one willing to give up or cut back on anything 26% unemployment.  Their government will make no concessions on pensions welfare or any thing.  If they do not the E.U. will declare them insolvent next week and they will go off the euro and out of the E U.

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Re: Greece Banks Closed!
« Reply #4 on: Yesterday at 07:34:10 PM »



Offline Buster D Body Crab

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Re: Greece Banks Closed!
« Reply #5 on: Yesterday at 07:44:58 PM »
What then happens to their economy and the monies they deposited into the union?

Online Johnb

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Re: Greece Banks Closed!
« Reply #6 on: Today at 06:04:16 AM »
People in the US d not understand that we are broke.  When our debt holders stop buying our debt we will be Greece.  Who would have thought 40 years ago that we would be depending on China as our economic life blood?

Online AVZ

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Re: Greece Banks Closed!
« Reply #7 on: Today at 06:24:11 AM »
Watch this video, it explains a lot

https://www.youtube.com/watch?v=C8xAXJx9WJ8