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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 408.23

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Dec 22 4:00 PM EST

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To: elmatador who wrote (93971)	8/28/2012 8:06:42 AM
From: Snowshoe	Read Replies (1) of 218672

In Spain, financial crisis feeds expansion of a parallel, euro-free economy washingtonpost.com Social money or alternative currency systems have existed throughout history, mostly in places such as remote coal towns or occupied countries during war, or during times of great economic stress, such as the Great Depression. In recent decades, a number of communities — including Ithaca, N.Y., and South African townships — have launched social-money projects as a way to strengthen civil society, promote the local economy and reduce the impact of globalization. Many of these efforts took years to set up, and the number of people involved is limited. In Spain, however, the economic crisis has been an impetus to move faster. There are now more than 325 time banks and alternative currency systems in Spain involving tens of thousands of citizens. Collectively, these projects represent one of the largest experiments in social money in modern times.

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