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Promoted to Headline (H4) on 10/1/11:
In Greece, Barter Networks Surge As They Did In Argentina Post 2002 Crash


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Survival by Flickr Photo: Vanessa Pike-Russell
Part alternative currency, part barter system, part open-air market, the Volos network has grown exponentially in the past year, from 50 to 400 members. It is one of several such groups cropping up around the country, as Greeks squeezed by large wage cuts, tax increases and growing fears about whether they will continue to use the euro have looked for creative ways to cope with a radically changing economic landscape. 'Ever since the crisis there's been a boom in such networks all over Greece.' In spite of the large public sector in Greece, which employs one in five workers, the country's social services often are not up to the task of helping people in need, he added. 'There are so many huge gaps that have to be filled by new kinds of networks.' Even the government is taking notice.

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Argentina's Bartering System Survives Following Collapse by Amanda Lang on Saturday, Oct 1, 2011 at 6:43:18 PM
As in Argentina,... by John Sanchez Jr. on Sunday, Oct 2, 2011 at 9:30:17 AM
Barter system by Sister Begonia on Sunday, Oct 2, 2011 at 2:10:09 PM