You read that right. Germany is not only planning for a Greek default, they atr now encouraging it.
Here’s something else that is right.
When debt is more important than people, the system is evil.
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Bruce Krasting A move is being made in Brussels to “force” the Swiss government/ banks to transfer all of the assets of Greek citizens back to the Greek banks. For a Greek this means that your money is hostage. It has been functionally expropriated. It will be transferred into a banking system that is [...] We can feel secure knowing EU banksters are in full command of the situation Greece PM Papandreou may or may not resign. There was an important meeting of exalted muckety-mucks scheduled but it was cancelled after much confused running around. Sarkyois getting all huffy about Greece refusing to be good serfs and take on [...] Greek PM Papandreou has called for a referendum in Greece on austerity and bailout measures in a desperate attempt to gain support to enrich the bankster cartel. Happily, his own government is revolting and a no-confidence vote is planned for Friday, causing banksters worldwide to squeal in panic. Greece should default. Phuque the banks. Topics: Who are the global warming deniers? Greece financial crisis. Irish are 10 billion euros in the red due to fall in tax revenue, now want to be sharia-compliant financial center of Europe (you read that right.) Syria barbarity. Western-backed barbarity in Libya, Ivory Coast. Murder of Syed Shahzad, Asia Times journo, in Pakistan. [...] Greece may default, Ireland can’t sell more debt, Spain may fess up to hiding debt. Norway has frozen loans to Greece. Protests against banks are spreading. The banksters may no longer be able to force countries to pay for bonds that banks knew were dicey and never should have bought in the first place. [...] There will be no restructuring of Greece debt because that might hurt the banksters. Goodness, we can’t have that, better that an entire country be impoverished instead. “‘A Greek debt restructuring is not the appropriate way forward — it would create a catastrophe’ because it would damage the banking system” said ECB Executive Board member Juergen [...] Bad enough that reverse migration is now happening. People are leaving Athens and moving to rural areas to escape the explosive political situation, high cost of living, and shuttered businesses. “Athens has failed its young people. It has nothing to offer them any more. Our politicians are idiots … they have disappointed us greatly,” said [...] Interview with Financial Times chief economics correspondent, Martin Wolf. From Wolf’s point of view, the choice is an easy one: Restructure now and force the private sector to at least share in the pain (for a change). But the banksters never want to take a writedown on their dicey bond ‘investments’ and instead [...] Secret crisis meeting being held tonight in Luxembourg Everyone is of course furiously denying it. If Greece leaves, their new currency would be worth much less and their national debt consequently much higher. They would have no chance of paying it and would then default, badly impacting EU countries and banks which own Greek debt. [...] |  | ||||
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