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Greeks are pulling cash out of banks, stocking up on food in panic ....
Financial Post ^
| 06/13/12
| Dina Kyriakidou and George Georgiopoulos
Posted on 06/13/2012 8:07:01 AM PDT by TigerLikesRooster
click here to read article
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To: concerned about politics
Dad said the people in Athens are hungry looking. The traffic at the international airport was basically non-existent. In his own words, you could roll a bowling ball down the middle of the concourse and not hit anyone. The commercial districts of Lefkas and Nidri were dead. People are digging through trash cans to find food. A cousin of his has had his salary cut from 1500 euros/ month to 800 euros per month. ..." Odd how the MSM can't seem to 'get' this story...
41
posted on
06/13/2012 9:01:36 AM PDT
by
GOPJ
(Take your little hammer, little sickle and your scary red signs with a fist on it, and go home...)
To: cuban leaf
Greece is a small enough economy that it can be propped up - makes it look like a country falling off a cliff in slow motion. When Spain or Italy falls, it’ll be fast - maybe not one hour - or one day - but close.
42
posted on
06/13/2012 9:04:44 AM PDT
by
GOPJ
(Take your little hammer, little sickle and your scary red signs with a fist on it, and go home...)
To: cuban leaf
Greece is a small enough economy that it can be propped up - makes it look like a country falling off a cliff, but in slow motion. When Spain or Italy falls, it’ll be fast - maybe not one hour - or one day - but close.
Thanks for the link:
http://www.grandpappy.info/honehour.htm
43
posted on
06/13/2012 9:05:34 AM PDT
by
GOPJ
(Take your little hammer, little sickle and your scary red signs with a fist on it, and go home...)
To: cuban leaf
The GDP of Greece was around $310 Billion. So $1 Billion/day out of an economy that small is significant.
44
posted on
06/13/2012 9:07:46 AM PDT
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: GOPJ
—Greece is a small enough economy that it can be propped up - makes it look like a country falling off a cliff in slow motion. When Spain or Italy falls, itll be fast - maybe not one hour - or one day - but close.—
I heard it said this way: The problem with Spain and Italy is that they are not too big to fail. Rather, they’re too big to do anything about if they do a Greece.
45
posted on
06/13/2012 9:09:43 AM PDT
by
cuban leaf
(Were doomed! Details at eleven.)
To: bray
46
posted on
06/13/2012 9:14:06 AM PDT
by
luvbach1
(Stop the destruction in 2012 or continue the decline)
To: JRandomFreeper
From the CIA Factbook it seems there are about 3.5 million folks of “household” age. So if we divide a billion by that we get about 285.00 US per household, per day being pulled out of their banks.
Of course this is strictly a back of the envelope SWAG.
47
posted on
06/13/2012 9:14:15 AM PDT
by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
To: houeto
It’s a member of the Vorlon race from the TV show Babylon 5. Technically, it’s a Vorlon Encounter Suit since the Vorlon are non-corporeal beings.
48
posted on
06/13/2012 9:17:43 AM PDT
by
6SJ7
(Meh.)
To: Lurker
Ummm. I get $2857 per each householder from those numbers. One of us missed a decimal point.
/johnny
To: houeto
What is that a picture of? Ambassador Kosh. He is a Vorlon from the sci-fi show Babylon 5.
That line is one of the few that he actually speaks on the show. It precedes a time of great upheaval in the storyline....a great evil has returned to the galaxy and it could mean the end of the 3rd Age of Man.
The Vorlons are the last of the great Ancient races who last defeated this evil some 1000 years before.
50
posted on
06/13/2012 9:23:39 AM PDT
by
Bloody Sam Roberts
(My dog, yes. My wife, maybe. My gun....NEVER!)
To: pepsi_junkie
I’d wager they are buying food and other stuff with it.
51
posted on
06/13/2012 9:26:13 AM PDT
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: Bloody Sam Roberts; 6SJ7
52
posted on
06/13/2012 9:29:56 AM PDT
by
houeto
(https://secure.freerepublic.com/donate/)
To: JRandomFreeper
See, I knew CIA types were hanging out on here.
And who REALLY believes you are a cook, anyway?
Sure. Like that guy on the train.
53
posted on
06/13/2012 9:31:20 AM PDT
by
patton
(DateDiff)
To: JRandomFreeper
Google tells me it’s 285.714286. My calculator won’t go that high.
54
posted on
06/13/2012 9:35:40 AM PDT
by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
To: TigerLikesRooster
One Italian bank has frozen people out of their own accounts this past weekend... and it's not getting reported.
That tells me that the dominoes are about to fall. Be ready, FRiends.
55
posted on
06/13/2012 9:37:02 AM PDT
by
Teacher317
('Tis time to fear when tyrants seem to kiss.)
To: Teacher317
56
posted on
06/13/2012 9:38:28 AM PDT
by
Teacher317
('Tis time to fear when tyrants seem to kiss.)
To: TigerLikesRooster
Did I make it in before the smart guys who say it won’t happen here, because of the “great returns” they are still getting in the stock market?
57
posted on
06/13/2012 9:40:19 AM PDT
by
EyeGuy
(Armed, judgmental, fiscally responsible heterosexual.)
To: patton
You do know there is a Culinary Institute of America, right. ;)
And no, that's not where I went to culinary school, but I've worked with chefs that did, and they aren't all bad.
/johnny
To: Lurker
May well have been me fatfingering it on a keyboard without a 10-key pad.
/johnny
To: JRandomFreeper
C4 ... only thing I can cook.
And the books.
LOL.
60
posted on
06/13/2012 9:49:29 AM PDT
by
patton
(DateDiff)
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