DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Barter Society Emerges in Greece As Crisis Deepen

**22CreessGah** · 11-02-2011, 11:55 AM

One reason for the rise in bartering, is because the ATM's doesn't have cash, shops and restaurants frequently refuses to accept card payments, because they can't spend the bank account balance at other places... People is not trading any longer in avenues where the government is able to tax them effectively. Half the Greek debt may be written off, at this stage it doesn't matter, the Greek gov will not be able to service that either..

11-02-2011, 11:55 AM	#3
22CreessGah Join Date Oct 2005 Posts 447 Senior Member	One reason for the rise in bartering, is because the ATM's doesn't have cash, shops and restaurants frequently refuses to accept card payments, because they can't spend the bank account balance at other places... People is not trading any longer in avenues where the government is able to tax them effectively. Half the Greek debt may be written off, at this stage it doesn't matter, the Greek gov will not be able to service that either..
	Quote