Grexit, Hitting Bank Deposits, “Bail-Ins” and the New Financial Order

Thursday, July 9, 2015
By Paul Martin

By Global Research
Global Research
July 09, 2015

Has the Greek massive “No” vote to austerity triggered a wave of popular demand for referendums on austerity and exiting the eurozone?

It was reported this week that “[o]ver 260,000 Austrians have signed a petition calling for the EU exit for the country, and now the Austrian parliament must discuss a referendum on the issue.” Inspired by the Greeks, the British population is now asking for a referendum on austerity.

But is the financial world order threatened at all?

Michel Chossudovsky and James Corbett discuss “financial cleansing”, or how “bankers and their political cronies will be able to use the bail-in, this weapon of financial destruction, not against the megabanks but against smaller banks, credit unions and independent banks that threaten their monopoly of power.”

The Rest…HERE

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