tag:blogger.com,1999:blog-8939666320943790100.post1606222187575159401..comments2024-02-11T01:14:21.904-08:00Comments on SURVIVING IN ARGENTINA: Bank runs: Corralitos coming to Greece and Spain?FerFALhttp://www.blogger.com/profile/07578136334334588454noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8939666320943790100.post-80840743026386613562012-05-23T06:44:42.610-07:002012-05-23T06:44:42.610-07:00"The economy in Greece is beyond repair at hi..."The economy in Greece is beyond repair at his point and it will eventually leave the Euro and go back to the Drachma and Spain will probably follow some time later. While this will be a huge blow to the EU, it is the first step towards independence."<br /><br />I fear that won't be the case. The fate of Greece is sealed more or less. The new loans, financed to a large extent by Germany have significant collateral: Pyrrheus Airport, numerous harbours and highways. Greece has no other way out but to default (there is no other way out from this kind of a debt spiral) and as an effect this collateral will shift ownership to Germany. This is the modern way to conquer countries. It may seem more humane - without bombs and guns, and is way more effective. After all is done Greece will be a foreign colony, all but independent.Kubahttps://www.blogger.com/profile/14813090079588043032noreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-65005191428924974612012-05-21T22:42:54.599-07:002012-05-21T22:42:54.599-07:00Ferfal, Do you think there will ever be a corralit...Ferfal, Do you think there will ever be a corralito in the U.S.?<br /><br />Why or why not?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-22433191837280435452012-05-21T19:51:25.025-07:002012-05-21T19:51:25.025-07:00The way the politicians are talking now, you might...The way the politicians are talking now, you might be better off going the way of precious metals. The "growth strategy" they keep repeating is nothing but more money printing. <br /><br />The time is coming when you won't be able to trust any banks anywhere or any country's currency, I believe. Even Switzerland is devaluing the Franc so their exporters will be able to compete.Burkenoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-32803138016667573502012-05-21T18:32:39.802-07:002012-05-21T18:32:39.802-07:00This gets me a little worried because the US is st...This gets me a little worried because the US is starting a big push to track foreign bank accounts and even asked on the tax form if you owned foreign property. They already had in Ocare which was a part that was repealed a way to track the precious metals. Those are 3 ways you said you can protect yourself. Wonder if they are preparing for something?Anonymousnoreply@blogger.com