Tag Archive | "Greece"

Greece plunder escalates as country sells assets

First the banksters impoverished Greece, now they are stripping it of assets, all in the name of “austerity”, which in reality translates to more money for the 1% and less for everyone else. The banksters played a major role in the collapse of our economic system through their securitization of garbage mortgages, outright criminality and [...]

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Broke Greeks burn wood for heat while banksters profit

Austerity is good for Greece, say the banksters, as they continue to rape that country in order to be paid back in full on bonds they bought and loans they made which they knew were almost as much bottom-dwelling junk as they are. The result of this austerity is Athens is now filled with smoke as residents burn [...]

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Say hello to Miss Greek Crisis 2012

  You just can’t make up stories like this, a beauty pageant titled Miss Greek Crisis. Anastasia Katmertzi, who was named Miss Crisis 2012 in a pageant held in Greece, says “I wish I was named Miss Spring or anything similar instead, and that Greece exits the financial crisis soon.” We look forward to similar [...]

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Eurozone. Germany, Greece play chicken

It may be a holiday weekend in the US but in Europe, the Eurozone is disintegrating. We are watching history unfold as we barbecue  burgers here. Greek Euro exit may exceed 1 trillion euros and would be “unmanageable” The European Central Bank’s exposure to Greek liabilities is more than twice as big as the ECB’s capital Niall [...]

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Greece will leave Eurozone, says German press

From tomorrow’s edition of Deutsche Wirtschafts Nachricthen: “The Greece-exit is a done deal: According to the German economic news from financial circles EU and the ECB have abandoned the motherland of democracy as a euro member. The reason is, interestingly, not in the upcoming elections – these are basically become irrelevant. The EU has finally [...]

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Greece tells Eurozone and banksters to stuff it

Game on. Greece is about to do an Iceland and tell the banker thugs to go screw themselves. Good. The sooner our rotten, corrupt international banking system is forced to restructure and their diseased, parasitic entities are given the opportunity to fail, the better it will be for the rest of us. With a bit [...]

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Greece central bank warns of depositor anxiety AKA bank runs

“Provopoulos told me that of course there’s no panic but there’s great fear which can evolve into panic,” he said. The panic will be coming soon enough. Pimco says 17-nation Euro currency union will not last

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Acropolis Now. Greek debt crisis

From those wild-eyed alarmists at The Economist. The Greek debt crisis is spreading. Europe needs a bolder, broader solution—and quickly. The Eurozone is crumbling as JPM shows huge and growing losses for reckless trading. People get ready, the financial system is about to become unhinged again. This time, let’s jail the bankers, ok?

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Euro house of cards wobbling. Greece a goner

Anti-bailout party rejects Greek austerity pledge. The Radical Left Coalition is attempting to form a coalition. They probably won’t succeed nor will any other party and new elections are probably forthcoming Fitch sets the stage: “Greece leaving the Euro would be bearable” The banksters are determined to loot and plunder as much as possible before [...]

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France goes socialist. Greece election deadlocks

Socialists in France are about the equivalent of Democrats here but still, the fall of of the odious Sarkosy is welcome news indeed. The banks’ nightmare is coming true: Greek Left calls for anti-bailout coalition Merkel and the banksters now have a serious fight on the hands now. The populace in many countries are now [...]

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