• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Greek Bank Run Continues Unabated: €3.8 Billion In June Outflows Bring Total Deposit Base To Mid-2007 Levels

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 08/09/2011 - 10:03 | 1542275 Iriestx
Iriestx's picture

200 point bounce in about 90 seconds.  I smell QE3 announcement frontrunning.

Tue, 08/09/2011 - 10:06 | 1542282 dbach
dbach's picture

And how many people will crap their pants if the announcement is only continued accomadation for an extended period?

Tue, 08/09/2011 - 10:17 | 1542339 Iam_Silverman
Iam_Silverman's picture

"And how many people will crap their pants"

The buyers at the Fed's SOMA desk who are trying to telegraph QE3 to the Queasy public?

Tue, 08/09/2011 - 10:50 | 1542467 Sudden Debt
Sudden Debt's picture

Can' compute!

Tue, 08/09/2011 - 10:04 | 1542279 Arch Duke Ferdinand
Arch Duke Ferdinand's picture

*****What Business is Wall Street in?

""Wall Street Doesn't Know What Business It's In.
Regulators don’t know what the business of Wall Street is. Investor/shareholders don’t know what business Wall Street is in.
The only people who know what business Wall Street is in are the traders. They know what business Wall Street is in better than everyone else......""


*****Top Five Places "Not To Be" When the Crash Comes...


******OT: Festival Film Short

The Creek.......


Tue, 08/09/2011 - 10:05 | 1542281 DonnieD
DonnieD's picture

The Greeks should outsource this data point to the BLS. Then we will see massive inflows.

Tue, 08/09/2011 - 10:10 | 1542297 Drag Racer
Drag Racer's picture

of course Greece would then be revised

Tue, 08/09/2011 - 10:08 | 1542288 oogs66
oogs66's picture

august 20th is big date for greece...they need a lot of money to pay what they have due...they probably get it, but better safe than sorry

Tue, 08/09/2011 - 10:09 | 1542293 Sudden Debt
Sudden Debt's picture



How stupid will those who withdrawl their money feel when all their effort is for nothing....


Tue, 08/09/2011 - 10:10 | 1542298 chubbar
chubbar's picture

Meanwhile a flurry of paper gold is being sold in order to corral the gold market and show all is fine with the fiat money system.  P.S. please drive the price down so I can get more physical at a discount with my bernanke bucks!!!!

Tue, 08/09/2011 - 10:11 | 1542301 g speed
g speed's picture

say it again and again--he who panics first panics best.

Tue, 08/09/2011 - 10:11 | 1542302 Caviar Emptor
Caviar Emptor's picture

All getting converted to gold. 

Oh and Goldman's $2,500 target by year end? They got it from me, here on ZH (2,400) :-) 

Tue, 08/09/2011 - 10:11 | 1542306 choorles
choorles's picture

coming to a bank near you!!!

educate your friends before this happens to your bank!!

buy silver. buy bitcoin. www.silverrevolucion.com

Tue, 08/09/2011 - 10:16 | 1542328 GD
GD's picture

Remember what Argentina did? Default, seized pension money, froze bank accounts to raise cash.....Yesterday the Greeks imposed no more short selling in the market. Defaults and freezing assets are a real possibility...In panic Govts will do whatever they want..

If I were a Drachma dude, I would have long ago taken all the cash out of the banks and liquidated assets to cash and gold.

I reality that is what a lot of people are doing all over, including myself..

Tue, 08/09/2011 - 10:16 | 1542331 youngman
youngman's picture

Why does a bank need deposits or customers when you have a government to bail you out and pay your bonuses????

Tue, 08/09/2011 - 10:20 | 1542348 Iam_Silverman
Iam_Silverman's picture

"Why does a bank need deposits"

To fund their prop trading desks?

Tue, 08/09/2011 - 10:28 | 1542372 max2205
max2205's picture

All reports are hereby canceled

Tue, 08/09/2011 - 11:48 | 1542739 Peter K
Peter K's picture

Eur/CHFunder 1.0500 ;)

Explains where the Euro's are migrating. If I got paid in Euros, and could buy 1 CHF for my 1 Euro, I would take that deal. In a heart beat;)

Wed, 09/14/2011 - 05:16 | 1667558 chinawholesaler
chinawholesaler's picture

Advertising Material
Stuffed Animals

Wholesale Vase
Wholesale Umbrella
Wholesale Towel

Wholesale Clothing
Men Beauty Care
Book Light

Pen Holder
Water Bottle
Beauty Equipment

Voice Recorder
Wholesale Gift Bags
Solar Products

Fishing Supplies
Wholesale Hardware Tools
Recorder Pen

Wholesale Pin
Cleaner Products
Sport Support Products

Wholesale Bag
Wholesale Keychain
Wholesale Scarf

Wholesale iPod iPhone
Wholesale Dartboard
Promotional Items

Electrical Gifts
Wholesale Clothes Rack
Wholesale iPod iPhone

Wholesale Flag
World Cup Products
Promotional Gifts

Wholesale Gift Bags
Crystal Gifts
Wholesale Playing Card

Wholesale Racks
Giveaway Material
Promotional Products

Wholesale Clothes Rack
Pet Supplies
Wholesale Hardware Tools

Wholesale Compass
Coin Bank
Wholesale Puzzle

Wholesale Stationery

Do NOT follow this link or you will be banned from the site!