Greece reverts back to a BARTER economy as global financial system unravels

‘Greece’s finances and its national economy have both deteriorated so dramatically that now average citizens are being forced to do something they haven’t had to do since the country was occupied by Nazi Germany: Barter for their basic needs and essentials.

As reported by Reuters, the rise in bartering comes amid a government-imposed cash squeeze stemming from an Athens-imposed three-week closure of the country’s banks on June 28. Since then government capital controls, put in place to avoid a run on banks, have limited the supply of cash in the hands of ordinary Greeks.’

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