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Greece Becomes Barter Economy For First Time Since Nazi Occupation

I am not at all surprised to see this. Very sad to see what the people of Greece are going through now, but they had countless warnings and opportunities to reign in their spending. Here in the United States were are right on track to end up like this in about five years. The difference in the case of the U.S. is that there will be no bailout options available to use. There will be no country large enough to offer us any financial assistance. There are so many lessons to be gleaned from this, but one that I would like to focus on in this post is barter. Barter has historically been a very important means of trade and those that want to truly be prepared here in the U.S., should take careful note of this. There is so much good information online about bartering and what items are considered most appropriate and valuable as a means of exchange. Basic necessities such as food, medicine, and even ammunition, would all be prime options for bartering. Here is a great article to take a look at 40 Items To Barter In A Post Collapse World.

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Barter booms in cash-strapped rural Greece for the first time since Nazi occupation - Business News - Business - The Independent

The barter economy is growing in Greece after a bank shutdown has left many struggling to maintain businesses with limited cash. A rising number of Greeks in rural areas are resorting to swapping goods and services as they struggle to keep businesses going under tight government capital controls, according to reports. But even those facilitating the barter economy fear that it harks back to the Nazi occupation. Christos Stamatis started the website Mermix three months ago to link farmers wanting to share heavy machinery in exchange for cash or other goods. "A barter economy is something that we shouldn't aspire to and should be a thing of the past – the last time we had it on a large scale was when we were under occupation," he told Reuters, referring to the Nazi occupation of Greece in the Second World War.

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James L. Paris 
Editor-In-Chief ChristianMoney.com 
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