The Phaserl


Banco Popular Collapses & Sold For €1 Euro

from Rethinking The Dollar:

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2 comments to Banco Popular Collapses & Sold For €1 Euro

  • aa

    Those who understood were pulling their cash from this bank ahead of the crash and paying no attention to bank officials assurances that all was well. This is the main reason they want to abolish cash. With digital currency and no cash we are all sleek, fat sheep unable to escape the fleecing.

    • JMiller

      Most of those people did not take actual physical cash out of the bank. They either transferred it out electronically or they received a check which is what happens most times when you close your banks account. Even in a cashless society you can still “escape the fleecing” by the same methods.

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