It wont be limited to Greece either, and now it essentially forces them (greece) to have to abandon the Euro. natives wont accept austerity and the creditors are tired of ever increasing losses. so much for the 'full faith and backing' of the IMF, Eurobanks, and untold numerous other predators (oops I meant banksters). Of course there could NEVER be a run like that on the US banks or the dollar. I mean we have the FEd, don't we ? And The dollar is getting stronger by the hour.
http://www.cnbc.com/id/47428134
Anyhoo, One of those unvirtuous and vicious cycles that once started is hard to contain.
These bank runs were inevitable
Started by
nimblebear
, May 15 2012 08:09 PM
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