EPISODE #61
AIRED: 06-28-2015
The European Central Banks extracted cash from Greek banks for decades and gambled it away. With no cash reserves to back loans, Greece has asked for extended lending to make sure Greece can continue to grow. Exactly as predicted on X-Squared Radio, the IMF refused to approve the extension, causing millions of Greeks to race to ATM’s and withdraw their own cash for safekeeping. It is all gone. Neither Greek banks nor the Greek stock market will open on Monday. US residents have also had their cash extracted to global central banks, where it has been gambled away. Congress has demanded the credit limit to be raised to now more than $18 trillion, consuming all available credit in the country. The American people may only have a matter of days to get their cash to a safe place.
website: x2-radio.com/Notes-2015.html
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