Bankers Plan to Raid Deposits After Greeks “Rise Up Against Debt Bondage” — video included

via Activist Post
Jul 6, 2015

By Mac Slavo

Chaos and economic disaster are still stirring up in Greece, with a sharp rejection of foreign control of their troubled affairs.

More austerity and new rounds of loans? Voters in Greece’s emergency referendum were overwhelmingly against it. Whatever happens next, they stood up to the authoritarian tactics of the European Union. Hurrah.

Greeks voted overwhelmingly to reject creditors’ proposal of more austerity measures in return for rescue loans, in the country’s first referendum in 41 years Sunday.

The referendum “will stay in history as a unique moment when a small European nation rose up against debt-bondage,” Varoufakis said. (source)

Now signal the panic. Collapse may be impending. Then doom. Contagion could spread to America, too, and trigger global market implosion and derivatives meltdown.

This weekend brought not only the “no” vote but the resignation of Greek finance minister Yanis Varoufakis, who angrily pointed the finger at predatory creditor banks who he said are using “terrorism” against the angry, defiant people of Greece.

Yanis Varoufakis, Greece’s finance minister, on Saturday accused the country’s creditors of trying to “terrorise” Greeks into accepting austerity.

“What they’re doing with Greece has a name: terrorism,” he told Spanish newspaper El Mundo. “Why have they forced us to close the banks? To frighten people.” (source)

As things stand, the banks are still closed, ATM withdrawals are very limited and strict capital controls have imposed to avoid a full on bank run… but now they are looking to take deposit funds to cover the emergency as well.

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