Spain's money flies from banks- $82 Billion just last month

Spain's money flies from banks- $82 Billion just last month

www.reuters.com

"(Reuters) - Spaniards alarmed by the dire state of their banks are squirreling money abroad at the fastest rate since records began, figures showed on Thursday, and the credit ratings of eight regions were cut."

"Bank of Spain data showed a net 66.2 billion euros ($82.0 billion) was sent abroad last month, the most since records began in 1990. The figure compares to a 5.4 billion net entry of funds during the same month one year ago."

(visit the link for the full news article)

World economic crisis is increasing at such a steady rate that's it's bound to have dire consequences elsewhere very soon.

Country after (major) country is falling into economic chaos, and there's no one left to bail them out.

Tend to stay away from this on these forums but wasn't there a bible verse stating people would "throw their money on to the streets?" It's all but worthless in many areas.

www.reuters.com
(visit the link for the full news article)

They better do like Greece,,and shut the boarders,,
or there wont be anything left.
And didnt King Karl,,just get back from an Elephant Tusk,
hunting trip.?
not sure how thats connected.
ohh he's a King.
u see.

Now it all goes back in the box. It was never yours in the first place, It was around before you and it will be around after your gone. You never really owned it. What matters?
www.zeitgeistmovingforward.com