Friday, June 15, 2012

Capital flees Greece ahead of polls

A quick video on the deteriorating financial and banking situation in Greece. Currently $1 Bullion are being withdrawn (or wired to other countries) per day!

To get this in perspective the GDP of Greece is $300 Billion. So allowing for weekends and public holidays the Greeks are removing 100% of the daily GDP of the country from the local banking system everyday, how can this not end badly?

Loved that the old folk are stocking up on dried food and toilet paper. What was not said was that they are buying gold and ammunition as well.


Jun 14, 2012 by

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