Wednesday, April 29, 2015

ECB Considering Pulling the PLUG on Greece


ECB May PULL the PLUG on Greece Causing the Banks to Fail and the Euro to Tumble!



Greece has a lifeline which is known as the ELA. Since the new government has been put in place, this ELA has been the only factor which has kept the Greek system alive. The ECB has considered PULLING THE PLUG on them.

This decision would undoubtably crash the Greek banks, put additional pressure on the Euro, and could very likely begin the domino effect I have been expecting.



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