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Wake Up And Smell The Collapse: Greece Shutters Banks For 6 Days… No More Withdrawals… Panic Grips The Eurozone… Total Meltdown Approaches: The Bad Guys are Winning the War Against Your Wallet as The Eurozone House Of Cards Begins To Fold..
bank-of-international-settlement-the-world-is-defenceless-against-the-next-financial-crisis
sovereignman.com/trends/project-make-everyone-germany-has-failed
Greece (and America) long ago reached the point of no return: borrowing money just to pay interest. Now it’s time for brutal honesty: game over.
Bank holidays have begun in Greece as the banks are now shuttered for the entire coming week. As Sky News reports below, and, ”The drastic move comes after people rushed to withdraw their cash amid panic ahead of the referendum on bailout terms.” Greek citizens are now “hoarding gasoline and groceries,” reports the New York Times, and long lines are the new norm at ATMs and gas stations.
Economics is actually very simple: more wealth must come in than what goes out.
Today, and for the last four hundred years, the “boom-bust” Capitalist, fiat money, stock market, fractional reserve, gambling house credit-driven global eonomies have been stealing middle-class wealth with impunity Since Babylonian times, six thousand years ago, Usury has been not only a Sim, but a Capital Crime. No longer. The Money Lenders Own the Temple.
THIS IS IT!!!
Bank holidays have begun in Greece as the banks are now shuttered for the entire coming week. As Sky News reports, “The drastic move comes after people rushed to withdraw their cash amid panic ahead of the referendum on bailout terms.” Greek citizens are now “hoarding gasoline and groceries,” reports the New York Times, and long lines are the new norm at ATMs and gas stations. On the brink of a meltdown “Greek banks were on the brink of meltdown last night after the shock announcement that its crisis-hit government would hold a referendum on the terms of a fresh international bailout,” reports the Daily Mail. “With fears growing that the country’s banks could grind to a halt this week, the Greek authorities are expected to consider imposing capital controls as early as tomorrow morning.” The Greek system of unlimited debt spending and endless retirement benefits for government workers has just hit a brick wall. The money has run out, and there are no more lenders willing to flush any more assets in order to fund Greece’s wildly unbalanced budgets. Debt payments are due on an ever-increasing schedule, and Greece simply doesn’t have the money to pay. “The moment of truth looms. Greece now teeters on the brink of bankruptcy and the eurozone on the verge of what was once unthinkable – losing one of its member states,” writes the Daily Mail. “If it stops extending loans, then Greece’s banks will quite simply run out of cash, and crisis control may have to be imposed. Cash withdrawals may be restricted or even stopped, while customers could also be prevented from moving money electronically out of bank accounts.” Learn more: http://www.naturalnews.com/050238_Greece_bank_holidays_economic_meltdown.html#ixzz3eV5uotCA
