Panic Cash Withdrawals in Spain Drain Banks; Greece-Style Economic Implosion Now Imminent
Monday, 24 September 2012 08:32
Posted by David Icke
'Spain appears poised to become the next Greece in the ongoing European Union (EU) implosion, as Spaniards are withdrawing record amounts of funds from Spanish banks to avoid a potential insolvency situation. According to the New York Times (NYT), the equivalent of $94 billion was withdrawn from Spanish banks in July, an amount that equals seven percent of the country's overall economic output.'
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