Monday, 31 October 2011

Barter Society Emerges in Greece As Crisis Deepens


By Mac Slavo /

As the Greek economy succumbs to the debt crisis and individual Greeks are made poorer each day through austerity measures and job cuts, many have begun resorting to traditional bartering as a way to make ends meet and at the same time increase their involvement with neighbors and their general community.

Services being bartered include anything from language classes and babysitting to hand cooked meals and daily labor.

It’s huge. Everything we do is without money, like looking after people or making food by ourselves.

…We still have the memory of an agricultural society in Greece when people used to do things together, like they would do the olive trees of my family this week, and next week we do the olive trees of your family. And, then the next week, the other neighbor. So, we would exchange services, and they like that.

With the tough economic times leaving many Greeks feeling worthless there is real value in projects like the time bank. With the Greek government drowning in debt, these creative solutions are offering not only support, but encouragement for the people…

Click here to view the embedded video.

As we’ve suggested on previous occasions, when a country goes through a monetary crisis, depression or recession, traditional methods of income disappear, sometimes overnight. As a result, those who are aware that the paradigm has or is shifting and are willing to accept their new reality will prosper.

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