
IPFS News Link • Economy - Economics USA
Greek on The Brink: Economic Collapse Inevitable
• www.prisonplanet.comPrisonplanet.com
Thursday, May 17, 2012
The bank runs that we are watching right now in Greece are shocking, but they are only just the beginning. Since May 6th, nearly one billion dollars has been withdrawn from Greek banks. For a small nation like Greece, that is an absolutely catastrophic number.
1 Comments in Response to Greek on The Brink: Economic Collapse Inevitable
No economic collapse. Europe and U.S. would not allow that to happen because of huge financial exposures. Watch for the next turn-around.