Tuesday, May 15, 2012

Greek Cash and Greek Banks



Guardian Live - Greece: Reports that in its 6.18pm post from Bloomberg reporting that over seven hundred million have been taken out of Greek Banks since the May election.

Lets Get Real:

This is not new folks, various papers have reported that the good people of Greece have been stashing their cash outside Greece in the event of a Greece default and Greece returning to its original currency. Thus folks one can expect a run on Greeks Banks up to the next election, also expect people to leave taking their most previous belongings with them, if your Greek and can leave its time to get on your horse, Greece has dark days ahead folks, one can see Greece out of the Euro within a few months if not weeks. Also one would have to say one can see some kind civic disorder in Greece, also a negative one can see the Neo Nazi Greek Party getting more Seats in the Greek Parliament. Thus Democracy vs. the EU folks, will the Country that gave the world Democracy be a Democracy in a few months time, will the military take over, its not out there folks, difficult and hard times ahead for Greece, the tourist trade is going to fall over the pier, would you go to a Country that is falling apart, Athens could see civic disorder, armed gangs, lets hope not but one can not assume a peaceful way out for Greece, the Classic Greeks would weep folks.

No comments: