Grecs font leurs préoccupations et leurs craintes connus avec leurs retraits bancaires. Bank officials are possibly looking at an all-out bank run. Depuis ce week-end passé, retraits des banques grecques ont été 650 millions d'euros par jour. C'est 8 fois la norme. La Banque centrale européenne a coupé les prêts aux quatre ou plusieurs banques grecques, déclencher la spéculation que la peur se transforme en panique. Réduire pourrait se produire dans les jours à moins que les subventions de panique et des solutions viables se trouvent.

France is under a dangerous delusion that the way out of their financial problems is to spend and borrow. However spending and borrowing is not the solution it is the problem. Prime Minister Cameron of England says the Eurozone crisis is “harming our economy.” Economists warn the Eurozone crisis could lead to a ten year slump across Europe.

Cameron warned of “perilous economic times,” as he spoke to major European nations to either take responsibility for the monetary union or allow it to break up. En d'autres termes, “make up or break up.” The euro-zone is at a crossroads.

Yesterday the Bank of England governor Sir Mervyn King warned that the euro-zone seemed to be “tearing itself apart.”

M.. Cameron told an audience of business leaders, “Turn on the TV news and you see the return of a crisis that never really went away.”

Greece is on the brink of disaster and the survival of the euro is in question.