The Global Economy
The Biggest Bank in France Has Suddenly Cut ATM Card Access to Cash in Half and People are Freaking Out!
I just got off the phone with Pierre Jananovic . . . La Banque Postale has lowered the limits on the amounts of cash customers can withdraw per week by 50%. First of all, for you Americans and Brits, the way France works its banking system – customers are limited to how much they can withdraw per week from their accts no matter what the balance. Now what has happened here is that Gold card members – who could take out 3,000 euros a week – are now limited to 1,500 a week. This was sudden, without warning, and people here in France are freaking out. Pierre tells me that its the first clear sign that liquidity in the European banking system is drying up.
http://maxkeiser.com/2011/06/07/the-biggest-bank-in-france-has-atm-...
Replies to This Discussion
-
Permalink Reply by Randy on
-
Ugggh. Robbing people's money so they can work??
Ireland Seizes $7 Billion From Its Pension Fund To Boost Employment
Hugh O'Connell, thejournal.ie | Jun. 12, 2011, 7:38 AM
THE GOVERNMENT WILL use the last €5 billion in the National Pensions Reserve Fund (NPRF) to help create employment although it will need approval from the International Monetary Fund (IMF) and Europe before doing so.
The Sunday Times reports today that the money will be used by the government to create as many as 80,000 jobs in Ireland. The paper cites government sources in reporting that the use of the money would be seen as more viable then the proposed sale of semi-state assets in the current weak market.
One source says that the view of the troika of IMF, the European Union and the European Central Bank is that if you have money it should be spent rather than drawing on outside funding or money from selling off assets at the wrong-time.
The NPRF was launched ten-years-ago by the then Minister for Finance Charlie McCreevy.
Its purpose was to build up assets which would part-finance the cost to the exchequer of social welfare and public service pensions from 2025 onward.
A total of €17.5 billion of it is being used as part of the €85 billion EU/IMF bailout that was agreed last November with €10 billion of that being used to recapitalise the banking sector in Ireland.
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Something is Making Fishermen Disappear It’s not Alligators or Sharks
The setting is a section of the Ohio River where many locals enjoy fishing, swimming, and boating.…See More
Always Wondering
The face of reality pressed against your window paneIs it engineered or is it real rain?So, you…See More
how to doanload mp3 online?
An MP3 downloader is a useful online tool that allows users to convert and download their favorite…See More
Another incredibly Stupid!! What, no mirrors?
"Personally , I go for the more classic forms of cosmetic surgery! "
Another incredibly Stupid!! What, no mirrors?
"When the problem is inside, it causes transformations like this. I like the original better. Maybe…"
YouTube Downloader Tools You Never Knew Existed
A YouTube downloader is an online tool or software that helps convert YouTube videos into…See More
Experimenter - Official Trailer
Like on Facebook: https://www.facebook.com/experimenterfilmYale University, 1961. Stanley Milgram (Peter Sarsgaard) designs a psychology experiment that stil...
How Did the Soviets First Discover the SR-71 Blackbird?
Although President Lydon Johnson announced the development of the Lockheed SR-71 in 1964 which…See More
"Personally, I don't consider Don Lemon or people like him to be journalists at all. They are…"
© 2026 Created by truth.
Powered by
