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The Greek Coup: Liquidity as a Weapon of Coercion
Sunday, August 2, 2015 10:10
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By Ellen Brown, Web of Debt
In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system. Choking off that credit line was a form of blackmail the Greek government couldn’t refuse.
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Source: http://www.truthdig.com/report/item/the_greek_coup_liquidity_as_a_weapon_of_coercion_20150802/
