This is over the top.
Hundreds of employees in the United States at big firms, some part of special teams, will be on standby this Sunday, awaiting the results of Greece’s pivotal election. They are preparing for the worst case. The fear is that the vote will heighten the chances of Greece exiting the euro and the global financial system will be shaken when the markets open on Monday, says NYT.
According to NYT, in New York and London, banks have set up dedicated crisis teams, and rehearsed elaborate responses. As clients get nervous, banks have been guiding clients on how to react to a range of situations, from just one country leaving the euro zone to the dissolution of the euro itself.
Are you nervous about the Greek election?
This is pure nonsense. It's NYT and the banksters setting up justification for a U.S. role in "stabilizing" the eurozone.
There's nothing to plan if you have the money that you say you do.
ReplyDeleteYou've said so much in so few words.
Delete>This is pure nonsense. It's NYT and the banksters setting up justification for a U.S. role in "stabilizing" the eurozone.
ReplyDeleteHere is one from AP with 3 Acts(doomsday scenarios). This reminds me of post 9-11, which got us the invasion of Iraq, Dept. of Homeland Security, TSA. Fear sells!
"How Shock Waves Will Hit US If Greece Drops Euro"
http://hosted.ap.org/dynamic/stories/U/US_MAPPING_GREECES_EXIT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-06-16-09-58-56