Clashes erupted between anti-establishment protesters and riot police near the Polytechnic University of Athens. The demonstration initially began as a peaceful march to EU offices, but then escalated into violence as protesters began throwing rocks, fireworks and molotov cocktails. The riot police retaliated with stun grenades in an attempt to control the crowd.
I think this is what David Wilkerson saw in “The Vision”. The Greek government is finally out of money (real default), many EU banks start Capital Controls, people start a general bank run, the ECB calls a bank holiday and when they reopen: chaos soon that spreads to Americas and Asia. Then fulfillment of Sister Madeleine Pourcain’s 1843 message from The Virgin Mary: “there will be a 6th plague when the world’s economic cart loses it’s pivot point, confidence, and the whole world goes bankrupt”.
robert,
It will be glorious!
“Bank Holiday” Preparations Begin In Greece, Lines Form At Athens ATMs
Submitted by Tyler Durden on 06/19/2015 14:31 -0400
The writing has been on the wall for quite sometime.
Deposit flight from Greece’s ailing banking sector has been running north of €500 million per day this week as the threat of capital controls casts a pall over the Greek government’s efforts to reassure the public and head off a terminal bank run.
Sparking a panic has been the most powerful tool at the troika’s disposal to bring PM Alexis Tsipras to the negotiating table and forcing Syriza to either concede to pension cuts and a VAT hike or risk social and political upheaval in the face of dark ATMs and public protests – we said this first in February and finally even the Greek government realized just what game Europe is playing.
Until now, Greeks had taken the barrage of headlines in stride with a stoic fortitude that would impress Marcus Aurelius but now, it appears as though the ‘institutions’ might have finally broken their spirits.
Earlier today, the ECB agreed to lift the ELA cap by just €1.8 billion, far less than Greek banking officials had requested and probably just barely enough to cover Friday’s withdrawals. And so, as Europe’s “Lehman Weekend” may finally be kicking off, the ATM lines are officially forming as Greeks prepare to be ‘Cyprus’d’ and as the country stares into “template” oblivion.
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Oh well, back to barter systems.
Once you get over the shock, you begin to rebuild. Old Billy got dumped by a girl once, he was enjoying the poohtang but the girl found another sap with more money and meat. Once the medium of trade (poontang) was withdrawn, old Billy went to his default means of fulfilling his needs.
Coyote,
Barter systems require that you make something to trade for something someone else made.
That means you have to produce as much as you consume.
The Greeks got themselves into this because they consume more than they produce and borrow to make up the difference.
I see your point, Anon. Luckily we are nothing like the Greeks.
Like the Greeks, we can blame our leaders for the shit tsunami heading our way.
I love the term “Bank Holiday”.
Fun and sun at the beach – NOT!
They fucking deny access to your property. Some holiday.
Lord Acton:
“The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”
Now is the time folks.
I vaguely remember being told that the”Great Depression” was triggered by a big bank failure in Austria. don’t know how accurate that is but this Greek thing could be the trigger.
the cycle of insanity, who are the winners. we all know the greeks will lose so their new masters will be rich. they bit the apple, nice ride while it lasted, remember they had the olympics not long ago, those dollars wasted, athens had their day on the stage now what is next. party on someone else’s dime, yet it was a set up. like 2008 the smart money was wise to the scam. since we were not bled white the first time, get ready for the next blood letting, it will not be pretty. a few rosbierres will rise again, have fun with that.
65% of Greece’s GDP spent in Greece is spent by the government. Let that sink in a moment.
Fuck those socialist scumbags.
You can set up an online business in the US in about an hour. In Greece, if you work your ass off at it every day, it takes 10 months.
Fuck those socialist scumbags.
They refuse to change a corrupt system, and to pay taxes.
Fuck those socialist scumbags.
Back to the stone ages for them.
The EU is a socialist pipe dream. Greece is the beginning of the end. Next up in history, the heavy hitter of the EU comes out swinging for the fences aka domination. That would be …… Germany. Anyone see a pattern here?