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To: FromLori

I expect the average Greek is planning to withdraw any accounts they may have very soon too.

I wonder if the EU is beholden to prop up Greek Banks? Will it cause a domino effect?


2 posted on 02/23/2010 12:45:56 PM PST by GeronL (Political Philosophy: I Own Me (yep, boiled down to 6 letters))
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To: GeronL

I would if I were them. There is all kinds of corruption, etc. in Greece but there are also politicians no doubt paid off by people just like here who helped get them into problems.

Goldman Sachs for example.

They are not obligated but some of the banks in the EU have a lot to lose if they don’t. They have not yet said they would they just keep saying they are but no money.

I don’t know if it will cause a domino effect I suppose it depends on if they ever do bail them out but I sure believe it could.


4 posted on 02/23/2010 12:52:37 PM PST by FromLori (FromLori)
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