Greece problem

[regnak]

Well Banking crises people panic buying food unable to get there money from there account there is a 60 euro limit on every account in Greece

Is it now wiser to keep some money at home just in case because this could be coming to a town or city near you because

Spain is broke
Italy is broke
France is broke
Portugal is broke
Ireland is broke

Is Germany going to bail everyone out and if so at what cost

[Nasu]

Call me paranoid but it seems to me like Germany is in the throws of trying take over Europe, again. This time through debt dependancy, political influence and favors regarding trade, tourism and infrastructure deals.. Them sneaky Germans are at it again me thinks, but have learned to adapt their tactics for a more modern, more globalised, more fiscally irresponsible age... N

[sandy]

Germany is just a puppet, like the US and is doing the bidding of the Banksters/Elite IMHO.....T

There is only one power, frantically making the move to Globalization, so that they can lay claim to it a public way and strut their stuff...............it is still a ways off as far as nailing the last spikes into humanity at large but the stench of blood is certainly in the air.

[risveglio]

Posted by jonsnow (here)
Well Banking crises people panic buying food unable to get there money from there account there is a 60 euro limit on every account in Greece

Is it now wiser to keep some money at home just in case because this could be coming to a town or city near you because

Spain is broke
Italy is broke
France is broke
Portugal is broke
Ireland is broke

Is Germany going to bail everyone out and if so at what cost

None of these countries being broke should surprise anyone that has any understanding of economics. If the IMF really does move to the yuan as a alternate currency, the US will be broke soon after October 20th.

[Frenchy]

Right on Sandy !
And if everyone watches the Paul Hellyer video, he recently did (Incroyables Nouvelles Révélations de Paul Hellyer (Mai 2015) --Nous n'avons plus que quelques mois- March '15 ?), this will reinforce your statement.

This Man is fantastic, in the same genre as Bob Dean, Alex Collier et al......

Have a nice Sunday ....

( not related, but if anyone has any insight into the name JASON, being deliberately inserted into the calender [ French, Italian, English, perhaps more ? ], maybe this is something Santos (Bonnachi ), has not focussed upon ? ? )

[CD7]

Spain is broke
Italy is broke
France is broke
Portugal is broke
Ireland is broke

Is Germany going to bail everyone out and if so at what cost

LOL "broke" There blind to think there "broke" what a racket! Discussing "money" is a moot point to me anymore ...it really IS THAT ****IN FAKE

[MalteseKnight]

Greek Tragedy - with William Engdahl

Am posting this video:

Source: https://youtube.com/watch?v=Rk3o5XY8if8

Engdahl takes an unconventional approach. I think it merits a discussion.

[Meggings]

This came to me from a relative about Greece. I looked up Robert Reich and see he is a former US Secretary of Labor. The comments below are particularly apt in view of the post above about Goldman Sachs.

Robert Reich

People seem to forget that the Greek debt crisis -- which is becoming a European and even possibly a world economic crisis – grew out of a deal with Goldman Sachs, engineered by Goldman’s Lloyd Blankfein. Several years ago, Blankfein and his Goldman team helped Greece hide the true extent of its debt -- and in the process almost doubled it. When the first debt deal was struck in 2001, Greece owed about 600 million euros ($793 million) more than the 2.8 billion euros it had borrowed. Goldman then cooked up an off-the-books derivative for Greece that disguised the shortfall but increased the government’s losses to 5.1 billion euros. In 2005, the deal was restructured and the 5.1 billion euro debt was locked in. After that, Goldman and the rest of Wall Street pulled the global economy to its knees – whacking Greece even harder.

Undoubtedly, Greece suffers from years of corruption and tax avoidance by its wealthy. But Goldman Sachs isn't exactly innocent. It padded its profits by catastrophically leveraging up the global economy with secret, off-balance-sheet debt deals. Did any of its executives ever go to jail? Of course not. They all got fat bonuses and promotions. Blankfein, now CEO, raked in $24 million in 2014 alone. Meanwhile, the people of Greece struggle to buy medicine and food.

Doesn't seem right, does it?

[Watching from Cyprus]

Posted by risveglio (here)

Posted by jonsnow (here)
Well Banking crises people panic buying food unable to get there money from there account there is a 60 euro limit on every account in Greece

Is it now wiser to keep some money at home just in case because this could be coming to a town or city near you because

Spain is broke
Italy is broke
France is broke
Portugal is broke
Ireland is broke

Is Germany going to bail everyone out and if so at what cost

None of these countries being broke should surprise anyone that has any understanding of economics. If the IMF really does move to the yuan as a alternate currency, the US will be broke soon after October 20th.

The IMF is controlled by the FED, so is IBRD and BIS, so if the IMF is going to move to the yuan, then it is in the FED's interest to do so.

Bombshell : http://www.businessinsider.com/varou...an-plan-2015-7

And then this ???? http://cyprus-mail.com/2015/07/13/ag...mit-officials/

This is about the previous (until a week ago) Greek minister of finance, who was told by both Dieselbloom and Schauble that EU does not want Greece in the club, and that was known before the change of the previous government... This is said to be in an official article this thursday coming.. Then this morning it looks like an agreement has been reached between EU and Greece.. to me it is total confusion. I know that Tsipras will be extremely unpopular to accept the agreement, most likely civil war.. Crazy what is going on.

Love
Peter

[amor]

Thank you for this video filled with information about the planners against the human family. The West, in my opinion has fixed their demise by messing with the Oriental Mind. Even though they have undoubtedly peppered their plans with trojan horses (bought-out people), they are playing with a scorpion which will eventually strike.

[amor]

Unfortunately, these thieves have laid their legal groundwork well. They OWN the judges and the law. Does the human race nuckel under to dumbed-down education and die of starvation and lack of medical care? The French Revolution awaits, only this time the Rothschild bankers and others like them should be the victims instead of the perpetrators.

[Andre]

Here is a link to Varoufakis's first interview since resigning as Minister: http://www.abc.net.au/radionational/programs/latenightlive/yanis-varoufakis-on-greek-crisis/6616430

It would appear from his interview that the top EU banksters would like Greece to exit the monetary union as this would give them the opportunity to implement a federation throughout the EU. According to this plan, as Greece exits, the French and Italians, and possibly the Germans would go into panic and readily agree to the complete financial takeover of all European Community nations in the interests of economic stability. This takeover would entail each sovereign surrendering control of their national budgets to Brussels (aka the banksters). That's the plan anyway. But these days, things just don't quite go the way the banksters plan. For example, suppose the French, Italians and others do not go in to fear mode? What then?

[KiwiElf]

Germans lament diplomatic 'disaster' in Greece talks

AFP
July 14, 2015, 6:22 pm

https://nz.news.yahoo.com/world/a/28...-greece-talks/

Berlin (AFP) - Chancellor Angela Merkel may appear to be the victor in the Greek bailout standoff but many Germans looked on in dismay at the heavy cost to the country's image.

Merkel and her hardline finance minister, Wolfgang Schaeuble, drove a tough bargain at the marathon negotiations, in line with Berlin's stated goal of defending the cause of fiscal rectitude.

But while Merkel, often called Europe's de facto leader, has grown used to Nazi caricatures on the streets of Athens, a backlash appeared to be mounting this time at home too.

Commentators of all political stripes said they feared that Berlin's "bad cop" stance in Brussels had brought back "ugly German" stereotypes of rigid, brutal rule enforcers.

"The German government destroyed seven decades of post-war diplomacy on a single weekend," news website Spiegel Online said.

"There is a fine line between saving and punishing Greece. This night the line has disappeared," tweeted Mathias Mueller von Blumencron of the conservative standard-bearer Frankfurter Allgemeine Zeitung as the details of the German-brokered austerity-for-aid deal emerged.

"Merkel managed to revive the image of the ugly, hard-hearted and stingy German that had just begun to fade," the centre-left daily Sueddeutsche Zeitung wrote.

"Every cent of aid to Greece that the Germans tried to save will have to be spent two and three times over in the coming years to polish that image again."

- 'Humiliate Greece' -

After a shock Schaeuble proposal for a temporary Greek exit from the euro or "Grexit" surfaced over the weekend, spooking Athens and many European partners, the Sueddeutsche asked in an online forum "Is Germany too hard on Greece?" It drew an outpouring of sympathy, along with some criticism, for Athens.

Spiegel called the package that was finally hammered out a "catalogue of cruelties" that read like a "plan to humiliate Greece".

During the negotiations, two German comedians captured the mood, creating an Internet sensation with a viciously satirical video called "Our precious German euros".

The pair mimic loud-mouthed wealthy Germans having a phone conversation in which they simply quote headlines from the powerful pro-Grexit daily Bild.

"I think we Germans should be asked if we want to keep paying!" shouts one. "Sell your islands, you broke Greeks... and the Acropolis too!" screams the other.

The sketch, which has already been viewed more than one million times on YouTube, ends with the tagline: "This summer, we Germans have a historic opportunity -- not to behave like assholes for once."

- Empathy deficit -

Nils Minkmar, a German historian and journalist, said that the tortuous series of negotiations with Athens appeared to have been conducted by bean-counters rather than diplomats.

"Had someone communicated the German position professionally, then perhaps we would not come off looking so horribly disagreeable," he said on Twitter.

"We have squandered an enormous degree of likeability with a communications disaster," said Constanze Stelzenmueller, a German-born fellow at the Washington-based think tank Brookings Institution.

Just two years ago, a BBC survey pronounced Germany to be the world's most popular country, with 59 percent of people surveyed around the globe seeing it favourably.

In the meantime, Germany's status as an economic powerhouse, gentle diplomatic giant and soccer World Cup champion projected an image of success, a social conscience and even coolness a quarter century after the fall of the Berlin Wall.

But former foreign minister Joschka Fischer said the Greek crisis had given rise to a rebirth of nationalism and accused Merkel of failing to use her considerable power to persuade Germans to look beyond their pocketbooks for the sake of Europe.

Merkel, who in November will celebrate a decade in power and enjoys nearly 70-percent approval ratings, "has not argued or acted politically but as a bookkeeper", he said.

Stelzenmueller agreed that while Germany had many backers in Europe for the tough line it championed with Greece, a lack of apparent empathy had incurred immeasurable damage.

"I would have liked the German position to be somewhat more acknowledging of the fact that normal Greeks really have suffered more than others in Europe," she told AFP.

"I think there is a great deal of damage done on all sides including to Germany's stance as a benign hegemon."

Stelzenmueller said that the horse-trading in Brussels had been "incredibly ugly" and Merkel often seemed to forget she was on the world stage.

"One often gets the impression that Merkel is speaking to her own party's backbenchers and for everybody else in Europe it's 'take it or leave it'," she said.

Stelzenmueller warned, however, that Germany's unique role in Europe meant that even skilful diplomacy would not ensure its popularity.

"I think that's the price of power."

[Andre]

Berlin (AFP) - Chancellor Angela Merkel may appear to be the victor in the Greek bailout standoff but many Germans looked on in dismay at the heavy cost to the country's image. Merkel and her hardline finance minister, Wolfgang Schaeuble, drove a tough bargain at the marathon negotiations, in line with Berlin's stated goal of defending the cause of fiscal rectitude.
July 14, 2015, 6:22 pm

In matters involving global financial negotiation, it is a big mistake to think that Merkel or any other "national" politician, be they German, French or Italian are the ones making the decisions. The power elite, cabal, banksters, or what ever pet name you may have for them, operate way beyond national borders and sovereign interests and use politicians to do their bidding in these matters. In this case, they see an opportunity to get a Grexit, instil fear in the hearts of all Europeans and thus introduce a whole new level of control over the EU that they will assert is necessary in order to avert total economic and financial collapse. Politicians are mere puppets in these matters. Of course, that is not to say many Germans are dismayed by Merkel's handling of the situation, but she has little choice but to do as she is told like the rest of them.

The Greek situation has exposed the banksters for what they are and that, at least, is a good thing.

[Camilo]

http://finance.yahoo.com/news/italys...104514924.html

Italy's public debt reaches new record high

MILAN (AP) -- Italy's public debt has risen to a new record of 2.2 trillion euros ($2.4 trillion), up by 23.4 billion euros in May.

The figure published by the central bank on Tuesday brought recriminations by opposition politicians against Finance Minister Pier Carlo Padoan for not bringing down the debt load, which had even at lower levels threatened a sovereign debt crisis. Italy's economy is only now showing signs of sustained growth.

Italy's debt-to-GDP ratio is above 132 percent, up from 130 percent in 2013 and 120 percent in 2010.

Padoan told the Italian daily il Sole 24 Ore in an interview published Tuesday that "18 months ago we risked much more," but that structural reforms had helped create "the path to growth."

[MalteseKnight]

Part II of the interview between Ian R Crane and William Engdahl. A must see for all Avalonians:

Source: https://youtube.com/watch?v=WO8r6IcTMIU

[ThePythonicCow]

Posted by MalteseKnight (here)
Part II of the interview between Ian R Crane and William Engdahl. A must see for all Avalonians:

Yes, excellent.

[Meggings]

Further to the idea of INSANITY vs HUMANITY (the video heading in post #16 above), there are nasty things in other countries that focus on Europe takes away notice from.

Japan's prime minister is trying to change their constitution so they can go to war. Truly a form of "insanity against humanity".

A friend living in Japan just posted that 60,000 Japanese demonstrated outside their parliament last night to say "NO" to war.

"Today should have been a triumph for Prime Minister Shinzo Abe, who saw his long-sought security bills, enshrining “collective self defense”, pass a special committee and get ready to be rubber-stamped in the lower house tomorrow."

From http://www.thedailybeast.com/article...ister-abe.html

[Deega]

Here's Karen Hudes - ''Former World Bank Senior Attorney, Karen Hudes tells on the GrExit no-go. She says, "This whole business about Greece owing the money Is a scam! She says all of the people, in all of the countries need to stand up and call this scam for what it is - and the truth is, that the paper money always fails - she says that we need to cut these bankster "creeps out of our pockets!"''.

Source: https://youtube.com/watch?v=Wx_OKPl27s0