Selling gold teeth to make ends meet in Greece

(Reuters) – A smartly dressed woman waits as a young man behind a glass screen weighs her gold earrings, bracelets and rings and counts out 1,600 euros.

“I’ll see you again soon,” she says, slipping the bills into her purse. Behind her, a grey-haired man shuffles toward the counter. “Do you buy gold teeth?” he asks.

In the Greek capital, gold is marking a divide between the “haves” and a growing number of “have nots.”

Shops like this one have mushroomed in downtown Athens and are doing a brisk business. They offer cash for gold by weight and sell it to foundries.

Many ordinary Greeks who prospered after the Mediterranean country entered the euro a decade ago are now being forced to sell their family treasures just to make ends meet.

With the worst recession since the 1970s grinding into its third year, fresh belt-tightening measures to appease international lenders are driving many middle-class Greeks to desperation.

Unemployment has climbed to more than 16 percent and real wages are down by around a fifth since the global financial crisis struck three years ago.

With average salaries less than 1,300 euros ($1,900) a month and inflation running at more than 3 percent, many Greeks say they do not have enough money to pay for the basics.

“A lady came to me the other day crying because she needed to sell her gold jewels and didn’t know what they were worth,” said Alexandria Verykokaki, 55, whose family has owned a jewelry shop in downtown Athens since 1923.

“These are not poor folks. They are ordinary, middle-class Greeks: a woman with three kids who needs to sell her wedding jewelry just to send her kids to school.”

Source

Not only in Greece – There will be a backlash felt around the globe as people come to realize that hope for a brighter more secure future has become lost in governmental mishandling of world economics and foreign policies.

Satan’s worldwide empire will begin to crumble away as rioting and volatile conflicts erupt around the globe. Some time ago, Satan saw all of these things about to give birth, yet he’s powerless to get his world rulers in synch. He seeks to do the opposite of what Father has laid forth in prophecy of the Word. In a last ditch effort to try and save his kingdom, he’ll walk straight into Father’s plan for the anti-Christ. Satan will take steps to try and rectify the world economy, but he’ll fail miserably.

Isaiah 17:12 “[ Judgment against the Nations ] Ah! The roar of many peoples— they roar like the roaring of the seas. The raging of the nations— they rage like the raging of mighty waters.”

Isaiah 5:30 “On that day they will roar over it, like the roaring of the sea. When one looks at the land, there will be darkness and distress; light will be obscured by clouds.”

Advertisements