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 [...]

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 [...]

Greece central bank warns of depositor anxiety AKA bank runs

Bank run 1933

“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

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?

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 [...]

France goes socialist. Greece election deadlocks

Parti Socialiste banner in Arles, last october. Credit: Pat H

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 [...]

Germany wants to kick out Greece

Germany wants to make Greece an offer it can’t refuse, apparently. But this is just a bailout by another name, i.e. we’ll pay you to go.

This solves none of the underlying problems and is typical for the incompetent criminal class that runs the international banking system. Their short-sighted greed is only exceeded by their [...]

Germany prepares for Greece default

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.

Brussels forcing Greek money in Switzerland back to Greece

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 [...]

EU debt crisis negotiations degenerate into chaos and farce

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 [...]