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
"That's right. Many countries head down that road into a terrorising future of Self ID-ers. (…"
Terror on All Hallows Eve Pt. 2 The Aftermath
Elizabeth had just gotten home from Junior High when the doorbell rang. She’d barely put her books…See More
"cheeki kea, I fear that we are headed further down the road of inhumanity institutionalized by the…"
"cheeki kea Thanks. I watched most of the movie but I'd forgotten until a few minutes into it…"
"That's a fine movie menu you've got Doc V. I love the old days theme. Great to view when…"
Three Must See Movies for Halloween
Grab Your Popcorn and Settle In! If you really want to get in the mood for Halloween and you like…See More
Terror on All Hallows Eve
Chapter IElizabeth was angry. All of her friends were going to be out on Halloween, but her. She…See More
How Corporations Are Secretly Poisoning Our Food Supply
Dupont and 3M have been secretly poisoning America for decades. PFAs — also known as forever chemicals—are now in our food, water, clothes, and our blood. Th...
They Won’t Stop
The demonically driven left will not stop. Makes no difference how much violence they call for or…See More
What US Scientist unwittingly helped the Nazis devise the V-2 Missile?
In the early 1920’s and leading up to World War II German technology outpaces the peace time…See More
© 2025 Created by truth.
Powered by
