[al baby]

Soon to be coming here to the us

[Jonty30]

I think they will when we abandon cash.

[apillar]

And people said grandpa, who lived through the great depression, was crazy for keeping his money stashed under the mattress and refusing to deal with banks his entire life...

[eyeamok]

Isn’t this normal and expected for ALL DEBT BASED currency systems? Yes it is.

[KarlInOhio]

Or it can confiscate depositor money in Greek banks, like it did in Cyprus and as the FT has now reported.

Any Greek with money still in the banks falls well into the range of "a fool and his money are soon parted". It won't be safe anywhere in the EU and I wonder whether non-EU accounts like Switzerland would even be safe for them.

[SkyDancer]

If the Greek government thought those last riots were scary just wait until the people find out the government is going to take their savings and retirement money - like Hillary proposed at one time.

[familyop]

"Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?"

It all comes from recirculating debt anyway. Repudiate the debts, and dump all regulations against residential building and small manufacturing! Legalize working for a living again!

[CPT Clay]

count on it

[trebb]

Does that mean that, after all the twists and turns over the last few years, Greece hasn’t been fixed? I wonder how much wealth the EU has squandered on the deal(s).