Greece

Tyler Durden's picture

Greece Is A Nation Under Occupation





Perhaps the best way to show what a mess Europe is in is the €3 billion deal they made with Turkey head Erdogan, only to see him being unmasked by EU archenemy Putin as a major supporter, financial and who knows how else, of the very group everyone’s so eager to bomb the heebees out after Paris. But Brussels thinks it’s found a whipping boy for all its failures. Greece. It’s fast increasing its accusations against Athens’ handling of the 100s of 1000s of refugees flooding the country. Everything that goes wrong is the fault of Greece, not Brussels. The EU has so far given Greece €30 million in ‘assistance’ for the refugee crisis, while the country has spent over €1.5 billion in money it desperately needs for its own people. But somehow it’s still not done enough.

 
Tyler Durden's picture

Dozens Of Global Stock Markets Are Already Crashing: "Not Seen Numbers Like These Since 2008"





The system is beyond the point where it is merely showing stresses and fractures. Things are now falling apart and there may well be no way of putting them back together again. The media will continue to claim everything is fine, until the day of panic and reckoning when it will suddenly be the "next Greece" or "2008 all over again"... but worse.

 
Tyler Durden's picture

Greece Loses Last Trace Of Sovereignty After EU Takes Control Of Greek Borders





After being threatened with expulsion from the Schengen borderless Europe zone, Greece has grudignly accepted an offer from the European Union to "bolster its borders with foreign guards as well as other aid, including tents and first aid kits." In doing so it has last its last shred of state sovereignty.

 
GoldCore's picture

“Helicopter Draghi” Disappoints - Gold Rises, Euro Surges, Stocks and Bonds Battered Globally





Magic ‘Super Mario’, the ECB’s monetary magician, disappointed markets yesterday as continuing and unprecedented monetary easing failed to prevent a sharp sell-off in stock and bond markets yesterday which has continued today.

 
Tyler Durden's picture

Meanwhile On The "Apocalyptic" Northern Greek Border...





In a somewhat depressing show of the farce that is Europe's immigration policy, local media reports "apocalyptic scenes" on the northern Greek border where "economic migrants" who are not entitled to leave Greece's provisional camps are fighting with 'refugees' who are entitled to leave, and head into other European nations. Petrol bombs and stones flew through the air, fists, kicks and wrestling on the ground as migrants hindered refugees from entering Macedonia (FYROM). People have injured, trampled and faint, among them many babies as some migrants tried to pass together with the refugees and were apparently hindered with stun grenades fired by the FYROM police.

 
Tyler Durden's picture

Israel Conducts Secret Training Exercises Against Russian Air Defense Systems





As Reuters reports, "Israel has quietly tested ways of defeating an advanced air-defense system that Russia has deployed in the Middle East and that could limit Israel's ability to strike in Syria or Iran, military and diplomatic sources said."

 
Tyler Durden's picture

Frontrunning: December 4





  • The Jobs Report Probably Won't Change the Fed's Mind on Liftoff (BBG)
  • U.S. authorities look for militant links to shooters in California mass slaying (Reuters)
  • Neighbors, Acquaintances Shocked That Couple Are San Bernardino Shooting Suspects (WSJ)
  • ECB Fumbles the Stimulus-Baton Hand-off, Mussing Up Fed’s Plans (WSJ)
  • OPEC Heads for Status Quo as Members Clash Over Crude Output Cut (BBG)
  • Foreigners drawn in as fear and loathing grip China's finance industry (Reuters)
 
Tyler Durden's picture

"Dis-Union" Grows - Danes Vote To Protect Sovereignty, Reject Further EU Integration





"The outcome is a defeat both for the Danish government and the main opposition parties who had urged voters to back the proposal, arguing it was necessary for Denmark to combat cross-border crime and remain a member of Europol even after a planned overhaul of the intergovernmental police agency next year."

 
Sprott Money's picture

Fractional-Reserve Banking is Pure Fraud, Part III





In Part I , readers were presented with the inherent criminality and fraud of the crime-euphemism known as “fractional-reserve banking.” In Part II , readers saw how the banking crime syndicate has exploited the opportunities that this institutionalized fraud presents and turned our entire financial system into a teetering Ponzi scheme about to suffer its final collapse.

 
Tyler Durden's picture

Leaked Memo Reveals EU Plan To Suspend Schengen For Two Years





"Where in such cases the overall functioning of the area without internal border control is put at risk, and insofar as the exceptional circumstances constitute a serious threat to public policy or internal security within the area without internal border control or within parts thereof, the period for the reintroduction of internal border control may be extended up to a total maximum of two years."

 
Tyler Durden's picture

Visualizing The Greatest Economic Collapses In History





The very first major economic collapse in recorded history occurred in 218-202 BC when the Roman Empire experienced money troubles after the Second Punic War. As a result, bronze and silver currencies were devalued. As HowMuch.net depicts in the video below economic collapses date back thousands of years. While many countries today still feel the effects of the most recent Global Financial Crisis, it is important to note that economic troubles are not unique to the present-day, but rather date back to some of the oldest civilizations.

 
GoldCore's picture

Gold Is Real Money That Protects The Wealth of Nations





“Do not believe in anything simply because you have heard it. Do not believe in anything simply because it is spoken and rumored by many. Do not believe in anything because it is found written in your religious books. Do not believe in anything merely on the authority of your teachers and elders.” - Buddha

 
Tyler Durden's picture

Turkey Gloats As Europe Threatens Greece With Schengen Expulsion Over Refugee Response





The EU is warning Greece it faces suspension from the Schengen passport-free travel zone unless it overhauls its response to the migration crisis by mid-December, as frustration mounts over Athens’ reluctance to accept outside support. Meanwhile non-EU member Turkey gloats as it gets a soon to be embezzled wire transfer of €3.0 billion for its "proactive" refugee response.

 
Tyler Durden's picture

Greeks Told To Declare Cash "Under The Mattress", Jewelry And Precious Stones





When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash "under the mattress" (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this has to be some early April fools joke or some mistake. However, it was not a joke...

 
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