By
Lowell Ponte
Greece,
the Euro currency and Europe's entire economy may be slipping into chaos and
dragging us down with them. After a fearful weekend that emptied the cash from
almost half their nation's ATM machines, Greeks on Monday morning found their
stock exchange and banks CLOSED and their accounts inaccessible (except for €60
per day ATM withdrawal starting Tuesday). Greece may have just reached the
breaking point to which we are headed in the U.S. – a once-free market nation
where banks are now required to report you to the government for making any
unusual withdrawal; where banks may now refuse to let you withdraw your account
in cash; and where carrying more than a small amount of cash might lead to
government confiscation of your money via asset forfeiture laws. [more...]
No comments:
Post a Comment