GREECE TO RAID DEPOSITS - Greek Banks Preparing to Raid Bank Account Deposits to Avoid Collapse
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I NEED YOUR HELP - Please Support Us via Patreon http://www.Patreon.com/EliteNWOAgenda SUBSCRIBE to ELITE NWO AGENDA for Latest Updates - http://www.youtube.com/user/elitenwoagenda?sub_confirmation=1 GREECE TO RAID DEPOSITS - Greek Banks Preparing to Raid Bank Account Deposits to Avoid Collapse Greek banks are preparing contingency plans for a possible “bail-in” of depositors amid fears the country is heading for financial collapse, bankers and businesspeople with knowledge of the measures said on Friday haircut of at least 30 per cent on deposits above €8,000, sketch out an increasingly likely scenario for at least one bank, the sources said. A Greek bail-in could resemble the rescue plan agreed by Cyprus in 2013, when customers’ funds were seized to shore up the banks, with a haircut imposed on uninsured deposits over €100,000. High quality global journalism requires investment Depositors can withdraw only €60 a day from bank ATM cash machines, while requests to transfer funds abroad have to be approved by a special finance ministry committee in co-operation with the Greek central bank. Athens bankers said the country had only enough cash to keep ATMs supplied until the middle of next week. This followed the ECB’s decision this week not to increase Greece’s allocation of emergency liquidity assistance after the bailout programme ended on June 30. It’s crunch time for Greece as IMF debt looms and bailout ends. Puerto Rico announced it’s about to suffer the same fate and a new chart shows the U.S. is on the same debt path. Greece has stockpiled enough reserves of fuel and pharmaceutical supplies to withstand a long siege, and has set aside emergency funding to cover all the country’s vitally-needed food imports. Yanis Varoufakis, the Greek finance minister, said the left-Wing Syriza government is still working on the assumption that Europe’s creditor powers will return to the negotiating table if the Greek people don’t agree to their austerity demands in a referendum on Sunday, but it stands ready to fight unless it secures major debt relief. Luckily we have six months stocks of oil and four months stocks of pharmaceuticals and that “I think the markets have properly factored in the risks involved“. debt crisis in Puerto Rico either. In fact, the Obama administration has already completely ruled out any sort of federal bailout for the island. Barack Obama is assuring us that everything is going to be just fine and that we are not headed for another global financial crisis greece bank "bank account" banking savings "savings account" insurance deposit greek asset investment debt europe "european union" collapse 2015 2016 loan funds emergency ATM "holiday money" forex euro "forex exchange" "forex trading" bonds "stock market" interest "interest rate" gold silver bullion "gold etf" "gold coin" "silver coin" apmex credit "credit card" "payday loan" bankrupt mortgage news entertainment trendy holiday tax "offshore company" "elite nwo agenda" finance economy usd survival millionaire total collapse dollar stock market bubble china jim rogers marc faber max keiser alex jones infowars gerald celente jim rogers jsnip4 rawdogletard montagraph end times prepper blood moon global reset fake gold silver george soros Food has been exempted from an import freeze since capital controls were introduced last weekend. Grains, meats, dairy products, and other foodstuffs should be able to enter the country freely, averting a potential disaster as the full tourist season kicks off. Former presidential candidate Ron Paul is known best in financial circles for his clear 2003 prediction of the housing bubble crisis economic disaster. hyperinflation environment developing destruction of the middle class major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar. Travel Restrictions. restrictions on foreign travel, including suspension/removal of passports Confiscation of wealth. The EU has instituted the confiscation of bank accounts, which can be expected to become an international form of governmental theft. This does not automatically mean that other assets, such as precious metals and real estate Food Shortages. Riots. These will likely happen spontaneously due to the above conditions control of the masses. Martial Law. The US has already prepared for this, with the passing of the 2012 National Defense Authorization Act (NDAA) long-term food supplies, barterable goods, monetary goods, self defense armaments and having a well thought out preparedness plan BRICS germany Feds ‘lose’ audits for Fort Knox Gold Under the Bundesbank’s new gold storage plan in 2013, it decided to bring back 674 tonnes from abroad by 2020 and store half of its gold in its own vaults.
Comments
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I don't know who borrowed the money or what they did with it, but the people didn't get it that much is clear.... Why should THEY pay it back, and how could they anyway.....
Do the maths, 10,000,000 people, 230,000,000,000 Es of debt. 230,000 for every man woman and child. Most western countries have about 10,000, and even that is too much.
Someone in Greece needs to do an audit and find out what happened to the money. It is no good looking to the people out starving on the street to pay it back. -
Sad what this world is going to come too. Sooner or later it will be this way everywhere. Its not a conspiracy as some seem to think its within their plans to control all. We aint seen nothing yet.
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Greece steals money then wants help. Arrest them and give the country to Russia and let them bail Greece out. Socialism never works and Greece is clear proof of that.
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I don't know why people think they can stock, arm, hide, preserve, while fighting amongst ourselves in survival mode, let alone go against Homeland Security with high tech weapons. I do think some resistances will stand ground for at time but eventually they will all be defeated easily. They didn't miss a beat this time. Whats coming is GOING to happen no matter what we do and most of us will adapt if not killed or forced into slavery.
Keep it simple, what do you think will happen when millions loose their lively hoods? After looting, rioting, smashing, killings, rapes, we can call a purging before they come in to redistribute and deploy rehabilitation proceedures. "Tag and bag."
To the believers; Make sure you're committed to God as we sacrifice our bodies while our faiths are tested. Let it be an honor to die for the truth because the twisted have legal rights to offend us even more. -
Great video.!!!
I wouldn't be surprised if the haircut was euro-wide i.e. In all euro countries. They'd say folks this is a one off tax to save the euro!!!
Q: can the Greek govt block any such moves by the banks or would it be the govt issuing this haircut? -
the Greek people didnt win anything today...they might have been able to tell the bankers to pound sand...but the elite will take all of their money out of Greek banks...civil unrest to follow
get your swimming trunks...financial tsunami is coming to the USA -
Greece, get the hell out of the EU, the corrupt banking system running it and follow in Iceland's footprints. Create a people's bank and never look back
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Of course, it's the central banks. Credit slavery is their primary strategy in the financial markets. The US Bond market is, as they say in the ER, "circling the drain." Every liberty loving person needs to resist as much as possible, the 3 secretive trade deals that are being funneled through the US: TiSA, TPP & TIP. The UN is fully prepared to issue its new, globalized, currency.
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I'm listening to Shirley Bassy's ,"gold finger" a lot lately.
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Well if they want their country to resemble anything it looks like now then cough out the money. This collapse been happening for years and they would not change their way of life. Only ones complaining are the ones who said it would never happen and we're unprepared.
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I took all my money out 2 years ago. It's going to happen everywhere. Buy gold and silver, and 3 years of supplies, a generator, a weapon or two and a way to purify water, and withdraw all the rest in cash. And you might just make it.
Good luck, my money is on Jesus Christ. -
People of Greece are screwed similar to a deer stuck in the mud with the wolf pack poised to strike.
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This is why I never trust banks.
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Time to take out your money out of the bank if you are able to save anything. It's their view in general that the savers are going to have to support the rent seekers. NOT for me. Everybody take you money out now.
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After all the weeks of warning. what Greek in his right mind still has money in a Greek bank? The pensioners are queing because the monthly checks are deposited, but any Greek who still has savings in a Greek bank, - after the many warnings, - deserves to loose it. I don't mean to sound harsh, but the warnings were flashing for weeks/months.
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My thoughts. For weeks the Greeks withdrew Billions of Euros from their accounts, - to save their cash. I have learned that each EU country has it's own EU central bank which prints euros. Each country's Euro is Identified by a letter in front of the serial number. Greece may be Id'd by a 'Y' or 'Z' - can't remember.
I also read an interview of some EU official who spoke of cancelling the Greek Euros if Greece votes to leave.
If the EU cancels all the Greek Euros, then that would mean that all the cash that Greeks have stashed under their mattresses, thinking that they still have some of their wealth, - have been fooled.
Any Greek who withdrew cash Euros from a Greek ATM machine is holding Euros that have the dreaded letter signifying it was printed by the Greek central bank.
Those "Euros" will be as worthless as Confederate money was after the Civil war.
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