Europe Brings Out The “Capital Controls” Bazooka…This is getting scary very fast.

Monday, June 11, 2012
By Paul Martin

by Tyler Durden
ZeroHedge.com
06/11/2012

Here we go:

EU SOURCES HAVE DISCUSSED IMPOSING CAPITAL CONTROLS AS WORST CASE SCENARIO IF GREECE LEAVES EUROZONE – RTRS

IMPOSING BORDER CHECKS, LIMITING ATM WITHDRAWALS ALSO PART OF WORST-CASE SCENARIO PLANNING – EU SOURCES – RTRS

SUSPENSION OF SCHENGEN ALSO DISCUSSED

In other words, that money you thought you had… You don’t really have it. We can only hope this message was not meant to restore confidence and prevent future bank runs. Because if Europe wanted a continental bank run, it may have just gotten one.

This is getting scary very fast.

Full piece from Reuters:

The Rest…HERE

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