Page 2 - World Marks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Our reporters explain how and why. greek banks are closed for one simple reason. there are too many depositors too many people trying to take out too much money. before long they are going to completely run out. for the last few weeks, the european central bank has been funneling money out the backdoor and it is going straight out the front. and now there is no more money coming in they had to stop it going out. if this is happening in greece why are world marks in turmoil? it depends how much exposure there is to greece. in the u.s. there is little direct exposure but it s the uncertainty. and the safety net of the ecb is no longer available to give emergency money to degrees, ....

Mo Ney , European Central Bank , Back Door , World Marks , Safety Net , Emergency Money ,