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Caught On Tape: Dijsselbloem To Varoufakis: "You Just Killed The Troika"
Amid 'turmoiling' stock markets on Friday, CNBC's Simon Hobbs summed up the status quo's thinking on the new Greek leadership when he noted, somewhat angrily and shocked, "The Greeks are not even trying to reassure the markets," seeming to have entirely forgotten (and who can blame him in this new normal the world has been force-fed for 6 years) that political leaders are elected for the good of the people (by the people) not for the markets. Yesterday saw the clearest example yet of Europe's anger that the Greeks may choose their own path as opposed to following the EU's non-sovereign leadership's demands when the most uncomfortable moment ever caught on tape - the moment when Eurogroup chief Jeroen Dijsselbloem (he of the "template" foot in mouth disease) stood up at the end of the EU-Greece press conference, awkwardly shook hands with Greece's new finance minister, and whispered..."you have just killed the Troika," to which Varoufakis responded... "wow!"
As Keep Talking Greece reports,
The joint press conference was concluding, when Greek Finance Minister Yanis Varoufakis droped a last bombshell. “…and with this if you want – and according to European Parliament – flimsily-constructed committee we have no aim to cooperate. Thank you.” Varoufakis was referring to the famous Troika, the country’s official creditors consisting of the European Union, the International Monetary Fund and the European Central Bank..
After concluding with a “Thank you” Varoufakis gives the word to Eurogroup Chief Jeroen Dijsselbloem, who wants to hear the translation first. Then he takes off the ear phones, he stands up and sets to leave. An enforced-looking shaking of hands delays the departure of the Dutch FinMin.
Dijsselbloem quickly whispers something to Varoufakis’ ear, he briefly replies back and the Eurogroup chief leaves the press conference hall as soon as it was possible.
Video: the Awkward Greek-Eurogroup Moment
The whole afternoon, Greek and international media were trying to find out “What the hell did they two men said to each other!?”
Private Mega TV reported short before 9 pm on Friday.
Eurogroup chief whispered to Greek FinMin’s ear “You just killed the Troika” and that Varoufakis replied with a simple “WOW!”
Dijsselbloem: Whisper…whisper…
Varoufakis: Whisper….
Dijsselbloom slides his hand away
Back remains Varoufakis with one palm open and the left hand stuck in his pocket – relaxed Greek style
The two men talk for a couple of minutes with lips hidden from the cameras.
Dijsselbloem leaves without turning back to watch his interlocutor.
I don’t quite understand why Dijsselbloem is sour. I’m sure that Varoufakis told him the same things when they had their 2-hour face-to-face talks.
Unless they were talking about Gouda and Feta and the Greek FinMin surprised him when he said at the press conference, that the Greek government will not negotiate with the Troika.
And furthermore, why is he offended? He is chief of the Eurogroup, he does not represent the Troika…
Most probably he was expecting a Yes-Man behavior like in the past with HOHOHO-jocker Jean-Claude Juncker, when he was Eurogroup head.
Juncker – FinMin Venizelos
Juncker – Spanish FinMin
* * *
Later that evening Yanis Varoufakis gave an excellent more in depth interview with BBC's Newsnight... to explain why Greece will not accept more debt from the EU...
* * *
One final thought - how long before this chart converges?
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Full translation:
You just killed Troika, now go bail out yourself, because we are done here.
I surely hope that the Greeks don't back down. Somebody has to stand up to those insolvent and illiquid Euro banks.
Moral hazard is a bitch.
finally some good fucking news
This is almost too good to be true! I love how Varoufakis doesn't even have his shirt tucked in! "We have no intention on cooperating." LOVE IT! A HUGE "FUCK YOU" TO THE BANKERS!!
PS: I also love Varoufakis' smirk after he finishes speaking.
The EU gets an ass-f*cking which, as legend has it, the Greeks have some familiarity with.
That manly Brit bitch seemed to rattle V.
He didn't come off very well on that last video...
BBC woman: "but...but...but they're withdrawing money from their accounts" WTF does she expect, that's kinda the purpose of it, isn't it? It's like saying you shouldn't drive your new car every day, perhaps only one day/week.
"The Greeks are not even trying to reassure the markets!"
By "the market" he means the central planners' algos
"When you owe your bank a grand, you are their birch,
When you owe the bank a million, they are your bitch"
It's the Troika that will do the listening here.
Fuck Simon Hobbs. (Hobbs, another appropriate devil's name for a proprgandist)
Fuck the Troika (Nothing but the politicians and their financial enablers stripping a country's wealth bare)
Fuck the EU (interesting that I'm agreeing with Vickie Nuland on that one)
Fuck the NWO
"but...but...but they're withdrawing money from their accounts" .... So fucking what?!?!? It's their own Goddamned money to do with as they please, for the time being. Jesus H Fucking Christ! The NWO is in full bloom!
They weren't kidding. Order through Chaos
I fucking love this Yanis guy, and I'm not even gay.
That BBC bitch should go and do a BJ to the jew who presented her the Jewish tax question.
Go Greece! End the banksters party!
fuck that cunt...no offense intended torwards other cunts....
fuck that cunt...no offense intended torwards other cunts....
+1000. She was unforgivably wretched ion the interview, obvious agenda, obviously trying to agitate the minister and get him to blow something up.
Mr. Varoufakis: Great interview, I admire your self control and patience with an unruly BBC bitch. You were clear and I agree with your points.
the diesel has blown a head gasket...
EU HAMP program on steroids coming.
Spain Italy please file your application forthwith.
Gold Bitchez....I pick up pennies
The EU Hamster program?
Dizelbloom gerbil stuffing on PPV?
Ya'know, that just actually might get a Nielsen responsive audience
She looks like Barbara Streisand with PMS, its obvious which faction she is representing.
9/11 Truth: The NIST “no molten metal” guy posing by steel with unexplained melting (PHOTOS)
would "template" be "counted" as one of them early-exiting bankers?
Remember this one from Biden to O-fuck-tard?
"This is a big fucking deal". LOL
https://www.youtube.com/watch?v=HHKq9tt50O8
Keep in mind, Prof Varoufakis is an expert in game theory. So far he's played the game well, but a long road remains. The first signals as to the outcome will be seen in the rhetoric coming from the German government. Merkel will have to soften up die Shafe [sheeple] if the Troika are to forgive even one dime of Greek debt.
good game theorists usually meet an untimely end with a self inflicted nail gun injury, 8 nails, I believe is the current record
Indeed, Varoufakis is due to a really nasty car and/or plane accident.
http://www.bloomberg.com/news/articles/2014-07-05/total-s-de-margerie-se...
http://www.theguardian.com/business/2014/oct/21/total-boss-killed-plane-...
http://en.wikipedia.org/wiki/Michael_Hastings_(journalist)#Death
Good luck!
haha - putting british pompous journalist bitches in their place, a trend started by Kyle Bass:
https://www.youtube.com/watch?v=rsCGI7s1SBg
First its The Troika now its The Faction...next up "The Syndicate."
This all sounds like a good screenplay actually....
Just waitng for Soros to step out, accompanied by the theme music to the Godfather films...
the diesel has blown a head gasket...
Blame Mr. Eurof*ckis
Rough translation of the series of pictures:
"You don't want to suck my dick anymore?"
"NO."
"But, I'm holding your hand!"
"NO."
"Don't you like it when I whisper those sweet nothings in your ear when we're together?"
"NO."
"The IMF and the EU and the BIS and your friends in America will be really disappointed in you. Dont you even fucking CARE what they think about you?"
"NO."
"I think you're a fucking asshole! YOU'RE A FUCKING ASSHOLE, aren't you? AREN'T YOU!?"
"Um, YES."
"That's IT! I'm fucking LEAVING YOU!"
"O.K."
The dude (a) understands the problem as a deep thinking academic would and (b) is confident in his principled interpretation of the problem. He knows how to talk to people and, so, no interviewer is going to get far in making him look foolish - unless he gets heavily dosed before the interview
"Go Greece! End the banksters party!"
Yes. But don't forget to get after the greek oligarchs. Start with them first. Start with confiscating everything Papandreu and his clan robbed from the people.
Being the good Edomite Jew that she is, I;m sure she's done that already.
Oh vey!
The NWO only exists untill the people wake up like Greece, spain next then Italy maybe we the people of the USSA will wake up and ruin thier plans. fuckem
the EU could survive greece leaving, and we will probably see that before this is all over. What it can't take is italy and spain, or any one else for that matter, following them out. IF greece does leave, i predict the international bankers, etc will make this as painful as humanly possible both by completely excluding them from the bond market, shuting them out of any kind of international banking or financing, and more underhanded economic warfare on anyone, especially russia, that attempts to come to their aid. This will be accompanied by HUGE amounts of coverage of this greek misery(no doubt greatly exaggerated, never let a good crisis go to waste, so ive been told) by the MSM propagandists to try to scare the living shit out of the peasants in the rest of the PIIGS nations into thinking all that waits for them outside of the euro is adject misery. If I was an evil sonuvabitch, thats what I'd do. Let, or even encourage, greece to go, make them miserable, display that misery using my propaganda tools, and use them as an example. As voltaire would say "pour encourager les autres" (to encourage the others)
Then the BRICS will open their arms wide and.....
I believe Putin said he would help if necessary. Plan 'B'. And they would love to have another port in the Med in case Syria blows up
And the Eurasian Customs Union grows by one country...
Is that an ordinary handshake?
Whether or not Syriza is a puppet or straw man remains to be seen. The fact is that many apparently expect Greece to be released. Since it reportedly gained entry to Eurogroup based on misleading or just plain false data, and there is a perception that it should not have been admitted in the first place, it could conceivably be released without loss of credibility, with an obligatory string of caveats and provisions and notwithstandings. Crude threats at this point are liable to draw unwanted attention and validate conspiracy theories. The most important thing the Greek people have going for them right now is their tendency not to do anything in haste. Party policy will be implemented slowly, with meetings and discussion to see which way the wind blows as other information surfaces and events unfold. Energy supply issues could reshape policy across the entire region. We'll have a better idea of the fate of Greece and its neighbors in a few months.
Hobbs and CLAPTRAP KERNEN of the "Suckup To Joe Show" on the same lampost
To be expected when that empty headed bitch won't give him a chance to answer, before interupting him with another confrontational statement couched in an assinine question! She had best just STFU lest she show her true intellect.
That BBC bitch is a classic NWO cunt with a capital "C'. Fuck her and her 'holier than thou' attitude!
a bitchez bitch bitchen bitch shit
my first laugh of the day thanks
She is Jewish.
Funny, I got the opposite impression. I found her to be very rude, overly domineering and was constantly trying to put words in his mouth.
She's just a stupid bitch, ugly as hell but with an attitude... A most disgusting character. No wonder BBC is in the toilet.
MEFOBILLS
The problem, expressed in three short sentences:
1) Never let your debt point outside your legal system
2) Money should never be exchanged for money
3) Money itself is a rent scheme
I agree. But for 192 of the 193 countries in the world "never let your debt point outside your legal system" also means: don't borrow in dollars.
I agree. But for 192 of the 193 countries in the world "never let your debt point outside your legal system" also means: don't borrow in dollars.
This interviewer is nothing more than a "mouthpiece" for the MSM. She really should keep her empty headed mouth shut, because everytime she opens it, whats left of her brain falls out!
Like all self styled "talking heads" on the MSM these days, she is puffed up with her own phoney importance and likens herself to be a brilliant financial/current trends analyist.
She has no inter personal skills whatever. Quite the contrary she is rude, disrespectful and ignorant. Just STFU!
Is that you, John?
Quite a few people here seem quite angry about this. I guess they're betting on this thing holding together, and if so, they have nobody but themselves to blame.
I hope we open up Monday 5% down and all debt getting downgraded for HUGE losses. But whether it comes Monday or later, it will come, and for those stupid enough to be invested in it, you deserve to lose every dime you have.
That would be truly funny.
What's on the IPO docket?
Greeks caved according to NPR this (Sunday) morning. They said they will pay.
Go back to your homes.
the banks have all the weapons..the people only ignorance of the game..iceland now greece may open some eyes wide shut to the fiat debt NWO game. Hope they open more eyes across the globe, shine a light on the reptiles in power, that will be enough.
Timeos in Plato
And Varoufakis's no tie - this guy has game theory down pat...
"Today Wall Street announced the IPO of Greece!"
Good times !
Opa !
Maybe now the fiat financiers will finally capitulate under the weight of reality.
Serious stuff goin' on.
I see Mr. V is a fellow Trekkie as well ... does a good Vulcan and Spock.
http://www.keeptalkinggreece.com/2015/01/30/dijsselbloem-you-just-killed...
http://www.keeptalkinggreece.com/wp-content/uploads/2015/01/varoufakis-d...
"shook hands with Greece's new finance minister, and whispered...'you have just killed the Troika'"
which is a good enough reminder that:
jim grant for fed chair
THIS IS WHY ZERO HEDGE IS MY GO TO NEWS SOURCE!!
religious news source? revelation enthusiests have been talking their story line which included a greek leader, and I thought, well that is a long shot, but lo and behold.
https://www.youtube.com/watch?v=lHNU1oTS45k
They stage this stuff, film it, lip read for us, and present it. Using completely independent media !
Note to Zero Hedge:
Hey, there's a few open square inches in my "Reply to Comment" dialogue box. Perfect for 4 or 5 extra ads. Just sayin.
Note to tenpanhandle:
https://adblockplus.org/
+100000 its brilliant is Adblock+
beat me to it.
Hey TinPan 99% of us see zero ads on here and on any site we go to.
If you are the only fucker seeing ads then you need to get edumacated on the subject of ads and blocking those fuckers.
I could never surf with all those ads, must drive you crazy!
Just sayin'.
Personally, I don't mind the ads (with the nubile Russian and Chinese girls who want you to use their wet and wonderful 'websites').
Of course, if you are running 'Windows Vista Home Basic', or some such shit, you should try updating your machine (just a LITTLE). 'Adblocking' programs really won't work if you think you'll put that 'square peg' in your 'round hole'.
Have you considered a monitor a little wider than an Oreo 'Cookie'? Have you considerd the FACT that your machine has been infected with a VIRUS that disables any onboard attempts to minimize these ads? Don't you WIPE YOUR ASS after you take a SHIT? When a faggot is on your back, do you leave him there, or beat him off?
Is the Plebe question being posted from a fucking i-Phone, or a fucking i-Pad? HUH!?
Does the Pope shit in the woods? Is a bear Catholic? WHEN is the SURF a SERF? When the ocean wave is at it's LOWEST POINT? I personally could NEVER SURF well, either, with all those girls advertising their tanned beach bodies, posing on the sands of Redondo, Torrance, and Hermosa. It was really fucking distracting. Something always came up which seemed to fuck with my sense of balance.
Now that's a great rant.
I'm on an iPhone and dent see any ads
It's the auto-play videos with audio you cant turn off that are annoying the shit out of me. At least you can ignore the static ads. When you have several stories open in multiple tabs it's like being in a room with 3 TV's blaring ads from different channels simultaneously.
Ghostery for Firefox
um dude, try using Adblock....I'd say that at least 99% of us do not see any ads because we have them blocked with FREE Adblock software.
Just sayin'
For some, it's easier to bitch than take reposnsibility.
Kinds like the voting populace.
But won't the ECB just buy all of the banks's crappy Euro bonds at full value?
They say not.
Simon Hobbs that brittle limey chav was pretty good when he first came over. Now he is fully brainwahsed
Technically they can't, because I guess there's a little law that forbids them from printing money to help member states move debt.
But, if it should happen that Greece no longer is a member state, I would assume that prohibition would no longer have force. In any case, there are always lots and lots of alternative cat-skinning programs that can be invented on the spot if need be.
Here's my theory: "bail out your big country banks which are lending to little countries then take the money and bail out your big country while throwing the little country under the bus."
Its just a theory....perhaps a working hypothesis now if I may be so bold...
Actually, it's a little more graphic than you want it to be.
"Hey, listen! I fucked your bigger sister, and she really liked it! You should let me fuck you, TOO."
The whole thing has been a LIE since the beginning. They actually lied about Greek deficits to enter the Euro. There were more than one forecaster, back then, who didn't give it over 10 years. They were exactly right! Now, look at how much debt bondage has been lumped on the PIIGS' shoulders. Just a giant stinking lie.
And they lied again to inflate that deficit in 2010 in order to start the procedure that led to the so-called "bailouts" and the troika waterboarding.
Nothing tells the story better than this & the squids involvement.
http://www.vanityfair.com/business/features/2010/10/greeks-bearing-bonds-201010
From above link ^ from 2010 !
"Here, in 2001, entered Goldman Sachs, which engaged in a series of apparently legal but nonetheless repellent deals designed to hide the Greek government’s true level of indebtedness. For these trades Goldman Sachs—which, in effect, handed Greece a $1 billion loan—carved out a reported $300 million in fees. The machine that enabled Greece to borrow and spend at will was analogous to the machine created to launder the credit of the American subprime borrower—and the role of the American investment banker in the machine was the same. The investment bankers also taught the Greek-government officials how to securitize future receipts from the national lottery, highway tolls, airport landing fees, and even funds granted to the country by the European Union. Any future stream of income that could be identified was sold for cash up front, and spent. As anyone with a brain must have known, the Greeks would be able to disguise their true financial state for only as long as (a) lenders assumed that a loan to Greece was as good as guaranteed by the European Union (read Germany), and (b) no one outside of Greece paid very much attention. Inside Greece there was no market for whistle-blowing, as basically everyone was in on the racket."
then in 2010, "In came the I.M.F. to examine the Greek books more closely; out went whatever tiny shred of credibility the Greeks had left. “How in the hell is it possible for a member of the euro area to say the deficit was 3 percent of G.D.P. when it was really 15 percent?” a senior I.M.F. official asks. “How could you possibly do something like that?”
The $18 billion of long-term bonds now trade at 50 cents on the dollar—which is to say that the Greek government could buy them back on the open market. “I created a $9 billion trading profit for them,” says Doukas, laughing. “They should give me a bonus!”
-" a sign with a quote from the ancient orator Isocrates: “Democracy destroys itself because it abuses its right to freedom and equality. Because it teaches its citizens to consider audacity as a right, lawlessness as a freedom, abrasive speech as equality, and anarchy as progress."
Not the illiquid Euro banks, the Blood Sucking IMF. Putin will make a deal with the Greeks that will blow up the EU and will be a World Class eye gouge for Obumer! Amateurs like Oballsinmouth should not try playing with the big boys, just because he is good at reading a teleprompter doesn't mean jack-shit and the Iranian Valerie Jarret ain't bailing this one out! Remember the Nuland "fuck the EU", my prediction is you will hear the Germans say "Fuck the insolvent US", we are joining the BRICS
Good luck with the drachma and your new Russian paymasters, asshole!
Oh, and about giving the Russians a Naval base in the Mediterranean...are you familiar with the German verb "coventrieren?"
The Russians already have a port in the Med ... it is in Syria. And the Russian "paymasters" couldn't be bigger assholes than the EU and their bankster masters if they tried.
Some of my many friends who grew up in Eastern Europe in the 80s would probably punch you if you said that to them.
Sure does suck seeing your world fall apart doesn't it?
No, I'm always up for a bit of mayhem. I just find idiocy amusing, and if Greece actually goes through with it, then this is idiocy on a truly world historical scale.
Well did you listen to the BBC interview? I was very impressed with him. I don't think Syriza has all the right answers but the path they were on was leading to nowhere.
Not exactly nowhere. Lots of vacation properties to be had on the cheap. Just build a few barracks to house the Greek servants who don't flee their homeland.
BINGO ! you win. Greece has the land elites want.
Lots of little islands, thousands actually, that make great places to escape any meltdown and angry plebs.
@ Greater fool, Yea, they could be really fucked like (gasp) Iceland.
Yeah, it always helps when the EU bails out your financial sector for you.
I don't remember any such bailout, I remember something like "fuck you, we're not covering this bullshit", at which time the Brits were ready to declare war or at least shit themselves for having to bail out their own banks...
I think you are ready for a handle system upgrade from "Greater" to "Greatest"
And the idea that you can have fiat monetary unity without political unity on a continent comprised of multiple cultures isn't idiocy? You seem to be just like the neocon thundertwats in the US by living in the past. The world is changing.
Where the heck have YOU been?
I missed you.
That slimy, fat little penguin with the 'Algore' glasses always makes me smile!
It's just Russia shit stirring, they want the contention and to make a little kerfuffle. Even if it happened a single MU90 self-deploying into the port and destroying a vacant dockside would put an end to that whole idea.
mURICANS GETS PISSED OVER RUSSIANS COMING TO EUROPE ? bEFORE YOUR FIRE MU-90 YOUR SHIP WILL BE BURNT TO HELL .
ahahaha! get over yourself you little cartoon character dipshit lol
OY!
That 'Russia' thingie...
It's just a little KERFUFFLE. you MESHUGINAH TUCKUS! Fegellahs and Goyims never change!
(brought to you by my ISIS-Phone, broadcasting from Haifa)
QUOTE:
"ahahaha! get over yourself you little cartoon character dipshit lol"
OOH! That's a SPOOKY 'avatar symbol' you have! Did you ever consider a career in the CIA? Your mother and I would be PROUD if you chose this career path! Working as a spy, and the 'James Bond' thingie... your mother seems to think that it will attract the gurls, but I keep telling her that it's DIRTY... because she never learned how to spell 'GIRLS' correctly...
So when confronted with contrary indicators to your comforting fantasy all you have to resort with are childilike insinuations?
gee, well that's really striking a shattering blow! ROFLMAO!
Then your friends are feeble minded simpletons who resort to violence because someone said something they did not agree with.
That's sad but true.
Expect another punch if you tell them to ask their parents if their standard of living, job security and population growth were all better during the Soviet occupation than during the NAZO-bankster-pedofile-satanist occupation.
"Some of my many friends who grew up in Eastern Europe in the 80s would probably punch you if you said that to them."
Did any of your friends grow up in the entirety of Europe in the late 30's and early 40's? My father did. He grew up in Greece. It was pretty lousy, according to him.
No, although my grandparents grew up in the US in the 30s. Also reportedly lousy. There seemed to have been a lot of that going around at the time, no matter where you were....
You should read about Greece's role in WWII...
that's nothing; wait for their role in WWIII...
greater fool,
israel apparently didn't feel the pain according to some old brit soldiers stationed there during the 30s.
Well then, most of the elderly i know and some of my friends in my age would tell you the famous fuck the EU phrase.
They grew up in former Czechoslovakia and all they can say is that the good times are gone. After the Velvet Revolution it went to shit my friend. While previously, kindergradens, schools, health care were free now you pay for all of that and ie. doctors dont care at all about your health. Shuffle the pills down your throat, pay, sup and go.
Factories used to lent money to newly weds (employees) free of interests for new housing and flats. Now you dont get shit. You're happy that your factory is still producing and you still have a job. While back then noone was afraid of losing a job. Cuz there was plenty of jobs.
I could go on and on. Long story short. Now we have oligarchs that own everyfuckingthing, bolshevik EU meddling in everyfuckingthing and way less jobs, securities and shit. Yes we do have all the shiny stuff from China, way more options what to buy yet the people aint happier. The eldery getting 200-300 euros retirement a month. Yeaaaah what a fucking victory.
Job agencies raping every fucking factory worker cuz the lords do not have to pay any kind of benefits to these workers when employed through an agency. Can fire the worker the next day and so on. Yeaah what a fucking heaven.
Well me myself aint doing that bad luckily. Though when I look around knowing the numbers what ppl are earning for the very same jobs like in Germany you could throw up. The same machine, the same operator but with higher quotas in Slovakia gets like 700 eur gross while the same job, same machine yet with lower quotas in Germany gets like 2500 eur. I say what a fucking deal.
Thus I am glad and hope that the Greeks will fuck things up real bad cuz you know what? Fuck Germany.
Thanks for the perspective; that's actually quite interesting. Sounds a lot like what's happened over the past 30 years in traditional manufacturing areas of the US, too.
Yea, the US's sucking sound comes from China, too. They have over a billion potential slaves. Another billion in India. There is no way for US and Euro workers to compete with that. Our standard of living continues to fall to meet theirs.
For the time being, it's manufacturing and certain low-level white collar jobs. The profit collectors still overwhelmingly sit in the US and EU, providing at least some economic impetus there.
But when the corporations themselves find that pastures elsewhere are greener? That's when the "developed" economies hit stall speed. Either that, or when machines become sophisticated enough to do to white-collar workers what they've already done to many, many blue-collar ones.
It's sort of sad. From 35,000 feet, the benefits of relieving humans of the need to do dangerous, repetitive tasks should free us increasingly to write poetry or songs or paint or contemplate the deep questions of existence. Instead, it merely renders whole swaths of the population basically useless.
the fucking cocksucking bastards can go fuck themselves or another banker, but not the hardworking common people. time has come for the greeks to run their dick up a diesel bloom..take your debt slave money and fuck a duck. eat my asshole while you down sucking my dick
greeks have to take a final stand and be the figurative shot heard around the europe.
spain are you in or owned by these cocksucking bankers? italy?
calling iceland for some moral support.
I take issue with the notion that automation adds to unemployment. I think initially it does for the individuals who are being replaced, however it opens opportunity in other area's of the economy. To me it is no different than the broken window fallacy. The broken window fallacy is absurd because it destroys capital in order to pay someone to simply start at square one, like digging a ditch just to fill it back in. Automation creates capital where it didn't exist before. However painful transition is for those that lose their jobs it will still benifit the overall economy.
The biggest reason why so many people are unemployed is the shear amount of laws we have obstructing individuals from doing their own work, and taxes on labor. If the government wanted to encourage job growth they would eliminate all taxes on labor and eliminate licensing on small business. But that won't happen till a revolution takes place.
Automation is only going to make the rich richer and the poor poorer. If you got the $ to build a factory full of productive robots, you profit. If you don't, you won't.
The loss of the jobs on the production line aren't going to cause other jobs that pay as well of better to just appear. Those who have lost their job will have to choose among the jobs that remain, ergo the race to the bottom.
The type of automation that is going to take place over the next 50-100 years is going to be on a scale that will put nearly all of humanity out of work. Practically everything will be automated. Medical care. Legal representation. Stock trading. Delivery. Trash removal. Automobile repair. Driving. Law enforcement. Flying planes. Farming. EVERYTHING you can and even cannot imagine being automated will be automated.
All this automation would be great if everything is for free since no one has But do you honestly think the people that own all the machines are gonna let you have the shit their machines do for you for free??? This isn't about a couple industries' jobs being replaced. This is about nearly all human output being replaced by machines.
Comment to: "It's sort of sad. From 35,000 feet, the benefits of relieving humans of the need to do dangerous, repetitive tasks should free us increasingly to write poetry or songs or paint or contemplate the deep questions of existence. Instead, it merely renders whole swaths of the population basically useless."
There is an infinite amount of work to be done improving humanity. Much of it is in the area of education and basic research, also engineering projects to provide benefits to all. There is also essentially infinite wealth available to fund these projects. Unfortunately, a criminal cabal has (for a while) usrped control of much of this wealth and is preventing us from progressing on these projects.
https://s3.amazonaws.com/khudes/ltokyoembassiesoutoftokyo.pdf
https://s3.amazonaws.com/khudes/mboard3.pdf
https://s3.amazonaws.com/khudes/BILATERAL.pdf
https://s3.amazonaws.com/khudes/breakthrough.pdf
Spread the word, that the way to defeat debt bondage is to declare independence from it. Once everyone knows that debt as money is slavery, and stops using it, the debt money cabal is powerless.
Start using debt free money such as gold and silver.
If you have to use electronic money for remote transactions, use debt free electronic money.
Crypto based gold redeemable currencies are becomming agailable and will improve.
Use OpenSource implementations to avoid fraud.
I don't think BitGold is OpenSource, and the backers are not the type of people I trust. A more trustworthy implementation of this concept would be useful.
https://www.bitgold.com/
http://www.mining.com/bitgold-raises-3-5-million-from-soros-brothers-sandstorm-gold-89051/
The version of bitgold offered by bitreserve.org.
https://bitreserve.org/
"Our standard of living continues to fall to meet theirs."
I have been saying this for years!
Maybe we can save our selves by manufacturing products in North America, products that are not cheap junk.
Greater Fool, I grew up in Bulgaria and I can comfortably say to you, go fuck yourself.
Well, I'm glad you enjoyed kissing party ass.
The loans went to the banks not to the Greek people. At the time the EU bankers were trying to get the Greek govt to guarantee the loans using all the Greek infrastructure such as power supply networks, water systems and for Greece to pledge it's islands. I still am not sure how much, if any, of the infrastructure Greece did pledge but they should have let key banks fail before pledging anything.
The loans to Greece are not for the people. The EU wants to destroy Greece and take ownership of what is of any value. Continuing this game insures Greece will be no more, but the EU will try to effect maximum pain now to persuade the Greeks to accept less pain now but a sure death later.
The greatest tax dodgers in Greece are the elite, the greatest sponsor of corruption in Greece are the rich. The only chance is to make changes to this but it will be contested. And of course everyone will blame the "lazy" Greek comman people.
And since it is their country should they not be able to permit a naval base without being militarily attacked? The fact the rest of the EU feels this would be justification for such an attack should tell Greece how the EU views them and confirm this is a danger better countered with a Russian base. The US has a key naval base on a Greek island, time to review ending that lease and kicking out the NATO bases in Greece, for they are the true threat.
...and you can be assured that the Greek shipping magnates will be able to avoid the worst of it, should the Greeks decide to tell the Eurozone to go fuck itself...unlike the "people" the new government is purporting to serve by this.
You're a fool if you think Grexit would hurt the Eurozone anything like as much as it would hurt Greece. And more of a fool to think that what Russia is offering them is a spot on their team--more like the opportunity to become the football.
OK, on that I agree with you. Russia isn't going to be helping anybody, least of all Greece. But the Emmanuel Putin-Stein just isn't scaring me very much.
You're so delusional and so misinformed it's disturbing.
Coming from the crowd that sees international Zionist consipiracies in their Corn Flakes and thinks leverage is the devil's tool, I take this as the highest of compliments.
Total Greek debt is somewhere between half a trillion and a trillion dollars. Fed was printing more than that annually not so long ago. You think the ECB is going to implode over an amount they're basically INTENDING to print out of thin air this year?
Yeah, I'm misinformed, right.
The ECB is jumping onto the QE bandwagon a bit late here. It would have been much better for them to have done it when Bernanke first started it. It will still prove to be a failed policy in the US, but it did buy some time for the status quo. It will prove much less effective at that in the EU.
Yes, it's always seemed to me that ECB missed the boat in terms of timing, too. Then again, permission to monetize would be a useful tool to have if there's a Grexit shock, so maybe the timing is in fact very good....
Greater Tool, if Greece continues as it is there will be a revolution, and maybe even civil war. Syriza was voted in by the people, is not the purported purpose of democracy to represent the people? This is what the Greek people want, keeping things as they have been will lead only to the destruction of the country in its entirety. Maybe wholesale privatization is the solution you propose, but it will only impoverish the people. If Europe's goal was to drown the Greek nation in debt to create a total slave colony, than they can suck eggs if Greece decides to default. Just like any bank who knowingly provides a mortgage to someone whose income creates the mathematical certainty of default, you get what you bloody deserve, a default. The only problem as I see it is that Government whores keep bailing out these inept banks from feeling the pain. I say its time for some fucking pain.
What you're failing to understand is that the pain of a default will be felt predominantly by the people of Greece, and hardly at all by the banks.
You are clearly the misinformed fool kid, if Greece leaves the Eurozone the EU will desintegrate even faster and fall apart because it will put the door wide open for other countries to do the same, Spain, Italy, Ireland and Portugal will be some of the first to leave the EU.
Infact even in countries like Germany and The Netherlands you hear louder voices with each day passing for those two richer countries to leave also, they just don't have the democratically elected official with a spine and a pair of balls to do so just yet.
Did you see the look on Dieselbooms face and the look on Greece's FinMin's face? You tell me which one of them two looks more satisfied with the results so far.
Europe is unsustainable and beside war almost any other option is better then to stay in the EU and bleed dry slowly and at this point maybe war is probably better in the long term because it will end this charade that is called the undemocratic EMU even faster.
The people of Europe have two choices; stay in the EU and have longer long term hurt or get the fuck out while you still can and have shorter long term hurt, the European Union is not a long term solution, the majority of EU citizens will agree with this only they can't vote for the unelected EU officials to piss of sooner rather then later.
Can someone please explain to me just who or "what" The Troika is?
Certainly doesn't sound friendly.
"Hello, we are the troika and we are here to help you!" just doesn't roll off the lips too easily.
"Now do what we say or else!"
"Troika" is ancient Greek for 'Three Against One". A 'Triumvurate', according to Latin law. THREE witnesses that declare that the offending party is 'guilty'.
The IMF, the World Bank, and the E.U. have all 'found' that the free socialist government of Greece is 'guilty' of not being able to repay loans made upon their terms of servitude ('interest'); and is therefore subject to death by 'dismemberment' of the entire nation's assets. It's actually quite 'legal', and all, how the fiat currencies are being manupulated...
It's either THAT, or 'invasion by superior forces'.
I wouldn't be concerned, 'Disabled Vet'. 18 point something TRILLION in defecits is considered 'too big to fail'. Soon, 'The Illiad And The Odessy' will be on the list of 'banned books', and it will be ILLEGAL to name your child 'Homer'. Your pension is safe. TRUST US.
Kisinger And Associates
"You are clearly the misinformed fool kid, if Greece leaves the Eurozone the EU will desintegrate even faster and fall apart because it will put the door wide open for other countries to do the same, Spain, Italy, Ireland and Portugal will be some of the first to leave the EU."
I should probably point out that it's difficult to be "misinformed" about something that hasn't actually happened.
Grexit would, in my opinion, become an object lesson in what the population of a country exiting the Eurozone would face: currency debasement, inflation, stagnation. Italy might consider it nonetheless, since among the countries you listed they have the best economy to go it alone with, but there is zero chance Ireland, for example, would take the plunge since their whole growth strategy is reliant on economic integration with the EU.
Comment to: "The US has a key naval base on a Greek island, time to review ending that lease and kicking out the NATO bases in Greece, for they are the true threat."
Or increase the lease rate to a value adequate to pay off their debt, and then some...
"coventrieren"?,
Yes, they learned about in WWII... don't really remember it working out for anybody to be honest with you. This is a new generation of Germans. I think that they've had enough of that.
Just out of curiosity, what's it like to foam at the mouth?
foaming at the mouth? watch this video to find outt:
http://vimeo.com/12280336
Maybe this was the real coversation:
Dijsselbloem: "I'LL SUCK YO' DICK"
Varoufakis: "WOW"
"from now on, print your own damn money. we're through!
who would have ever thought Greece would become the single most important chess piece on the board? they are like a mighty pawn on the 7th square with a rook and a queen backing them up to go to the 8th and become any piece they want.
Don't forget this was ALWAYS a game of kick-the-can-down-the-road. Even the CBs used to say it openly in the depths of the 08-09 crisis that precipitated all of this. A game predicated on an eventual recovery that never came.
When Greece first blew up a few years back it was obvious they were already incapable of ever paying back their debt. More debt was never going to solve their problem. They didn't have enough assets to sell to cover it and were reluctant to hand the entire country over to the Troika, for reasons we can all understand. 'Austerity' only aggravated their situation. They needed to either radically devalue or default. Since radical devaluation was not possible while using a currency not in their control, default or a massive restructuring of their debt was the only answer. And here we are. Perhaps a day late and a drachma short, but here nonetheless.
Cyprus had a chance, but the sword cut too swiftly for the population to react. Greece has been living in hell for years now, slaves to the absetee landlord called the Troika. They finally looked to something, ANYTHING that would stop the current siutation from continuing.
Slowly at first, then all of a sudden. It ALWAYS HAD TO BE GREECE FIRST. Only the timing was in question. Now there will be others.
There were Spanish street demonstrations today threatening the same sorts of policies at the next Spanish election.
There is no reason whatsoever for humanity to continue participating in the debt as money scam. The object of the scam is to enrich the issuer and impoverish the user of debt money. Stop enslaving yourself. Just stop.
Every sentient being on this planet is rightfully entitled to their fair share of the wealth of the planet, in lump sum or periodic income sufficient to provide basic living needs.
If you want more than your fair share you will have to earn it by improving the wealth of society.
Everyone, claim your fair share of the planets' wealth. Now.
https://s3.amazonaws.com/khudes/ltokyoembassiesoutoftokyo.pdf
https://s3.amazonaws.com/khudes/mboard3.pdf
https://s3.amazonaws.com/khudes/BILATERAL.pdf
https://s3.amazonaws.com/khudes/breakthrough.pdf
Yes. But this is like a football game wherein Greece has 10 men and has scored the first goal. Muller, Kroos and Klose are warming up on the touchline for Germany. What is Greece's plan from this point?
We all hate the Troika and would love to see the bankers get it in the eyeball. So far so good.
So all the triumph over the rejection of the Troika just ignores the fact that this is a long game and Greece doesn't have the resources to prevail in the long run. This has also been the reality all along.
They can default, go back to the Drachma and suffer or try to renogotiate their debt, stay in the eurozone and suffer. Utlimately, thermodynamics applies and resources must materialize. How?
Half a loaf is better than nothing. They will cut prices for the tourists and inflate their currency. Same story, different decade.
For what it's worth, this has been studied extensively by economists and they doubt that an exit from the Euro to a Drachma would improve the terms of trade enough for Greece to benefit even the half a loaf that you suggest. If you're interested, I will find the citations for these studies.
Now, the economists could be wrong and it might work after all. But it would be a close-run thing and in the mean time, Syriza would wipe all all domestic savings denominated in Euros.
And to top it all off, the Greek Oligarchs who caused the problem in the first place would bring all their offshore money back, convert it into Drachmas and buy back the country again at a discount.
Meet the New Boss......same as...
Frankly it sounds like Germany is prepared to let them rot. Like most I expect they will stay in the Euro, but they sure are not going to do that under the same circumstances of total debt slavery, with no potential for an end. As I remember the debt to GDP in early 2010 was about ~115% GDP.
The more the boat tips over, the more it tends to tip over.
Varoufakis made a reasonable case for change, in as much as that annoying BBC interviewer would allow him to reply with anything other than a yes/no level of simplistic discourse.
Varoufakis made a reasonable case for change? I heard a reasonable plea for debt forgiveness.
And perhaps the Greeks deserve debt forgiveness. I don't know. But you're going to have a hard time convincing German, Finnish, Dutch lorry drivers that debt forgiveness is the new basis for the Eurozone.
I'm in favor of what's better for the people of Europe in the long run. Perhaps it's better to end the Euro madness here and now. I just fear another decade or more of suffering for everyone.
So what will minimize the suffering? The Drachma? I doubt it.
Fixed it.
The currency it's happening in is largely beside the point.
Other than that, we agree. But Merkel is going for tough love.