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EU Leaders "Are Afraid The Syriza 'Virus' Will Spread Across Europe"
As anti-austerity protests continue to build in numbers across Europe (and not just in Spain where Podemos now holds a commanding poll lead over the status quo) KeepTalkingGreece reports that Greek parliamentary spokesman for Syriza, Nikos Filis notes "The wave of protests indicates a new beginning... And it scares the dominant forces in Europe. Because Syriza virus can spread and in their communities." And we suspect that is indeed the Eurogroup's greatest fear...
Via AVGI (Google Translate),
The demonstrations of solidarity with the Greek people against the austerity policies and enrolled in a European perspective changes and upheavals. This scares the dominant forces in Europe. Because the "virus" SYRIZA can spread and in their communities,"said the parliamentary spokesman of SYRIZA Nick Phillis.
"The wave of protests indicates a new beginning because SYRIZA virus can spread to the rest of Europe, as solidarity rallies in Greek people are against the austerity policies that degrade the lives of European citizens. The protests shall be entered in a European perspective changes and upheavals. And it scares the dominant forces in Europe. Because SYRIZA virus can spread and in their communities."
Commenting on Juncker statements and attitude of Europeans, in recent times, given the current Eurogroup for the Greek issue, Nikos Phillis speaks of "democracy deficit in Europe" and notes:
"They have behind them saying in recent days, seems to insist on completion of the Memorandum program harden their stance. This element is important to take account of people and Greece and Europe. Most likely not end today, having a horizon until 28/2. It is a political issue, not a technical one, because they put issues not related financial interest, such as labor. And on the part of creditors is not the issue of a minimum wage only, is subject a comprehensive, collective bargaining rights of a system, a European acquis in Greece is not the case. When elections take place in a country, we must respect the will of citizens, it is sovereignty issue. But the loan agreement is a bilateral relationship and the Greece and its creditors, the memorandum is a relationship that the Greece and has to do with the domestic legislation. Therefore, it says Juncker and others in Europe is not right, why do not question multilateral European treaties, but a treaty that its internal legislation. This raises issues of sovereignty and democratic representation. The negotiations should take into account the political change in our country. If not taken into account, this shows the perception in Europe for democracy, indicates lack of democracy in Europe ".
The Greek Solidarity anti-austerity protests are spreading...
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Fuck extend and pretend! SPREAD AND SHRED THE EU DEAD!
Tick tock Motherfuckers! (Hat tip LoP)
The EU leaders aka Germany should be scared. Eu debt bomb explosion coming soon.
Hey, but Krugman says not to worry, because we only owe all this debt to "ourselves"
"Game Theory, please meet my friend, Reality. Reality, this is Game Theory."
{GT reaches out to shake hand.}
{Reality punches GT in face.}
@ml8_ml8
"Oh Shit!", says Counter-party Risk from the ringside.
Why are the Swiss protesting?
Quick! WW3!
bs map
After Grexit see how many need Dr. V tips on how to do it.
PIIGS FLY !!
bigtime.
And Why are the only people in the world taking it like sheep living in the UnUnited States of America?
I don’t understand why American are so against people protesting in Europe.
They should remember that france gave them a statue that was placed on a little island in the New Yrok area that promotes these idea’s and it shouldn’t just be used as a expensive tourist attraction that nobody get’s to enter unless you register for a backgroundcheck 2 months in advance...
You mean the statue of ISIS ( the ugly bitch)
Europe has been a militarily-occupied, monetarily-suborned, intellectually-repressed, and ethnically-endangered colony of the NWO for long enough.
Whatever it takes, Europe, be rid of it.
is it just me or has Krugman been silent since the austrian economist won the nobel prize and the wheels started wobling in oil.
It doesn't matter if they are scared. This is exactly what's going to happen... and it's just natural !
WHITE EBOLA!!!!!! WE'RE ALL GONNA DIE!!!!
You'd think that with the snow here in Cincy. Lawd! People freak at 4-6 inches here. Wake me at 46 inches!
I tought the African killerbees where going to kill us....
Here in America we get ebola.
GO GREECE!!!!!
You don't think anything will really happen do you , it's just the same as it ever was.
When all you care about is maintaining power and control, yes, things like liberty and honest money are indeed a "virus".
same as it ever was...
Thank you LoP that is exactly the propaganda that truth inspires and what status quo sucking d bag would down vote you for supporting those whom choose liberty?
Anyone who fears failure...
there are many. They are weak and favor bailouts over evolution...
No risk no reward right?
evolve or die motherfuckers...
They favor "bailouts" because that is the term for wealth moving upwards from poor towards rich.
Somewhere...over the rainbow....
Pay no attention to the banker behind the curtain!
The big test is if Greece improves after leaving the Euro. If they do, it'll be the "all clear" signal for the others who are in trouble. If they don't, it'll be a big disincentive for leaving.
Considering how Greece will have to issue new currency, devalue it and then recover, I don't see this happening quickly. I doubt any other countries will leap into this blindly without knowing the outcome of the Greek situation.
Once it starts, the Euro collapse will happen very quickly, in a way that is similar to the collapse of the Soviet Union. The markets will overwhelm the ECB and its machinations.
I think that would happen if Greece recovers rapidly, but I don't see how that could occur.
There are two cases:
1) If the status-quo is maintained: Other countries will wait as long as possible to see the outcome of a Grexit. If Greece goes into a monumental depression, other countries will try to avoid the same for themselves. If after some time Greece improves, the others would be more likely to try an exit themselves.
2) If the world economy tanks: In this case, there is very little downside risk to other countries. In this case, you may see a cascade of exits.
Who here thinks the world economy will stay the same or improve in the next two years?
If the interest rates on Spanish and Italian bonds go to 9%, there won't be any time for these countries to stop and think.
Other countries will wait as long as possible to see how much pain the Troika & Brussels will inflict on Greece.
Fixed it for you.
I've said this many times. Greece will be made an example of if they leave the Euro. Then it will be a see we told you moment while behind the sceens they are cranking the vice ever tighter.
Greece will be made an example of if they leave the Euro.
Yes, but they are being made an example of now, aren't they? "You are our fucking slaves, whether you like it or not. We get all your national assets, and you get debt payments forever." In other words, "We get all of your wealth, forever."
If that's not an example, I don't know what is.
Russia? China?
Each paper Euro will be like a small arrow falling.
The EU ministers better like (Wall)street fighting in the shade...coming down!
Amazing.
In theory this is true. It may also be dependent on Greek's repuation vs how any other country would restore its economy idependently. Given the Greeks do not have a great reputation for its own control of fiscal management, I'd discount them as a creditable beta test. I think other countries are just waiting for the trigger, more like the domino style of disilution of the Euro since the project has failed and was always meant to fail. It (the EU prpject) can't succeed, it will not succeed. Just my untrained POV. Good luck to the Greeks anyway. I have some pretty cool Greek friends. I hope they make the move, they'll still be better off!
If Greece does exit and start fresh, the EU/IMF/ECB will do it's best to make their new existance as miserable as possible to prent the contaigon from spreading.
Yeah, those bastards would probably do that. Still, if the Eurozone economy (not to mention the world economy) goes tits up in the next two years, what can the EU/IMF/ECB do to make Greece look any worse? Besides, at that point they'll have their hands full with other problems.
The Greek problem is not because of which currency the country uses. Neither is that the basic problem in Argentina or Zimbabwe.
Greek economy is just overburdened with union controlled work rules, business controlled anti-competitive rules, and politicians who believe that unlimited spending will bring prosperity. That system has been allowed to "move on" for many years since they were able to adopt an EU credit rating for their debt, rather than having to use their own. Debt build up now has reached some limit, or at least a limit on the growth rate.
So the US is Greece too?
Greece will be ravaged if they leave the Euro.
Capital flight, nothing to export, nothing to create, no internal production, etc etc.
Default works best for those countries that produce for themselves and others. Argentina, for all of its faults, has things that foreigners want to buy and they have huge tracts of land on which to grow crops and raise cattle. Argentina is a basket case, but a basketcase that has its own currency and huge natural resources.
Greece has been a failed state for a long time and defaulting and leaving the Euro will throw it further into the toilet.
Grexit is not a panacea. It will be like it is now, but worse. Much worse.
Unfortunately, if they had real leadership this would have been done 5 years ago and they would just now be coming out of the darkness. They waste the last many years when they could have been putting the depression to much better use.
didn't this start in Iceland?
Iceland didn't really do anything... That is all smoke and mirrors - Don't believe the hype.
They delayed the day of reckoning by using capital controls and devaluing. I am not sure about you, but I don't like economies who enact capital controls and devalue their currency. It is so South American.
When they lift the currency controls, Iceland will blow up. They merely delayed their pain... The real pain is coming.
The mobilization by the global financial mafia this time will be more intense, as its representatives know that a potential Leftist government in Greece who may strongly resist against the austerity policies, could trigger an "uncontrolled" domino rise of the Leftist powers in Europe, who will fight against the neoliberal agenda. Make no mistake, the war will be hard. But there is no alternative. Either the European people will choose to fight determined and united, or, will be surrendered to the plutocrats who will bring the new Dark Ages. The "Battle of Greece" will be decisive ...
Doesn't matter ! Not even "global financial mafia" can fight the economic gravity law...
Newsflash banksters, the EU is already controlled by hardcore leftists, Russia rejected Communism mire than 2 decades ago, the EU agents never got the memo.
Putin is not a communist but an ex-communist capitalist and nationalist, the communists worst enemy.
Merkel is the communist and "true believer".
http://news.nationalpost.com/2013/09/20/how-angela-merkel-went-from-marc...
Merkel will ream the German people with bad debt and Muslim invasion.
No, there is nothing communist in the European Neoliberal Economic Empire. It is neoliberalism walking towards feudalism, that's all.
Puutie is an "evolved communist" in the same way that all communists evolve. There is no example of a communist state that did not become completely totalitarian. Puutie is just a Castro with more resources to keep him going longer.
Assination of business owners. Assination of journalists. Close or force out any opposition media. Jail political opponents. Confiscate assets of opposition supporters. Establish puppets to enforce same strategies on neighbors. Pay agents to write of glorious accomplishments of Dear Leader / Puutie on as many web sites as possible.
Out of potatoes again ? Boy, you guys are annoying...
And of course that second para does not apply to the US.
For once I agree with the Cookie Monster*
Fuck the EU
*Icky Vicky Noodleman
The EU leaders having their Ceausescu moment.
Whom are they going to shoot this time ?
Don't know. Any suggestions?
This guy won't do the shooting this time:
http://www.theguardian.com/world/2014/dec/07/nicolae-ceausescu-execution...
Hide the silverware!
Hilarious.
And the Euro is still "worth" $1.13" ?!
What a terrible long-running joke.
The sad fact is, we don't know what anything is worth any more. Too much manipulation has created massive mispricing.
Diaper 4 troika..
It may be diaper for trioka.
Outcome for Syriza and Tsipras will be crap in street while running.
So violent bankruptcy denial is now a movement called "anti austerity"?
The Syriza occupy folks would prefer the state just take whateva it needs and kill anybody in the way.
What happens when taking the Stans and Russia still isn't enough?
Suppose they say no, or nyet?
Austerity then or.........?
Set us free!!! Cancel Social Security!!!
I hope that when the EU goes tits up and all the Eurocrats find themselves unemployed and unemployable that the unbelieveable pensions and benefit levels that they have arranged for themselves are dominated in Euros because then they will be getting exactly what the Euro is worth---FUCK ALL.
theres a reason why all the jews are leaving the EU..storm clouds gathering...heads are gonna start gettin kicked in!
Sigh of relief, but stay out of major U.S. cities as a precaution.
The ZWO elders are pissed.
Yes they are and they are welcome to eat a bowl of dicks.
Just click your heels together and repeat "there's no place like Wymar, there's no place like Wymar..."
you know of course that Dorothy's slippers were, originally, silver :-)
The virus I fear is the fantasy of a non-debt-based currency coming to life in the Mediterranean. It will not happen.
There will be no value-based currency for Southern Europe.
There will be no T.V.L. based "labor certificate" regime, mud-pie exchanges, or any other Socialist fantasy currency (unless we count Keynesian "Let's spend and Pretend").
The rebasing of money will not be televised.
SDR
I always make sure my basket is well Lagarded *thumbs up*
Please spread to the US as well. Of course, we tried recently and got our teeth kicked in and all our tents burnt. Fuck the US gov't.
Hahaha, the Ebola of truth puts the fear of Aristotle up the asses of these crony capitalists.
"My, we don't have enuff nurses to cure this Ebola! There is nothing Draghi can do to print faster than Aristotle shits truth !"
If only the Ethics of A were read like the Gospel of G we would have a civilization that could tell facts from legend.
Truth from sleight of hand of oligarchy man.
But that is asking too much from Humanity.
is anti-austerity the right term, when you see the infestation in creditor countries. Sovereign rights advocacy better? how about just nationalism? Protectionism?
ViralFukus:
Democracy allows 51% of Greeks to decide that the country will screw every other taxpayer in the EU. Thanks for the ouzu.
If you think it is the Greeks who are screwing the EU taxpayers, then you've been asleep for a looooong time, friendo.
Greeks committed fraud to gain admittance to EU.
Greeks used EU credit rating to allow them to take on the debt to support the unworkable government.
Greeks owe the money to various EU entities which all EU taxpayers will be forced to cover.
Greeks have received many, many billions in direct EU subsidies under the EU policies.
And you believe that the EU has mistreated the Greeks?
"Greeks" did not do that. It was bankers like GS, and EU stooges in collaboration with their counterparts in the Greek government, that did this.
So go after those particular Greeks, but leave the rest of those people alone.
Msr Rick - I am shocked, shocked to find there is gambling here!! Etc etc.
WTF. - are you the only one that doesn't know that not paying your taxes in Greece is a national past time? Goldman and the boys fabricated this shit and now have to wear it. They knew it. Do your homework, how did the debts get justified in the first place and who took the cream of same?
And if what you say is true, how would that justify the next 1-2 generations paying the tab?
It is hardly fraud when the counterparty knows exactly what you are doing and chooses to ignore it because that suits their purposes.
Of course it is true the whole EU is a fraud on most of the citizens of European countries who have been consistently lied to and brutalised in some cases to support the fraud.
The fraud has not been by Greeks against other people but by the EU political and financial classes against everyone else, and Greece has now committed the terrible sin of electing some politicians who are pointing out the truth. No wonder they have no allies in other European governments.
You have to laugh really, fuck the 'Odious' debt, that means little, in the greater scheme of things, what with these world rulers abusing kids with complete justification by our respective law enforcement agencies.
Just do something so simple it makes me look as fucking stupid as I really am.
Remove your implied and implicit consent. Tell the wankers to fuck off and mean it. You are ruled no matter where you are by consent, fucking remove it. Inthemix did 8 years ago, come on my friends join me, be fucking free.
Tell the fuckers to go take that to a common law court, they cant because they wont.
As vicky said, fuck the EU, but I will add, fuck England, fuck the USA fuck the whole damn lot and let them NOT live off your back.
;-)
The EU ought to be concerned that the loans won't be repaid.
Shit, they might have to really increase that QE!
"The wave of protests indicates a new beginning because SYRIZA virus can spread to the rest of Europe, as solidarity rallies in Greek people are against the austerity policies that degrade the lives of European citizens. The protests shall be entered in a European perspective changes and upheavals. And it scares the dominant forces in Europe. Because SYRIZA virus can spread and in their communities."
This is a mis-characterization of the problem. It's not European citizen's lives that face degradation ... it is European government's employees and suppliers lives that face degradation. "All" governments of the Europe (and probably the world) are upside down. The governments are bigger than the economies that enable them. That means they're past the tipping point if "democracy" prevails. With more than 1/2 the people "in" government or "dependent on" government, don't you think they'll "always" vote for "more government"?
People who are not in government should be rooting for collapse of their governments ... it's their only chance. People in government should be looking for a way to exist after their government changes or goes away and they find themselves no longer a part of it. Demanding continued support of the government that feathers their nests is not going to bring lasting positive results.
This is all meaningless for Greece unless they can become energy independent. Then trade ag and tourism for hard goods.
would be good to know, where you live: It's not European citizen's lives that face degradation ... it is European government's employees and suppliers lives that face degradation......
you are wrong in every letter of your statement.
I live in the USA (without a bag over my head). We're in no different situation than Europe. Our government just counterfeits the "world's" currency, so we'll be one of the last to tip over. But tipping we are ... and tipping fast. And it's because we're government top heavy ... just like all the nations of Europe.
This is not the virus, it's the antidote.
Exactly!
tick tock motherfuckers
I'm starting to believe Syriza is the equivalent of the Tea Party... just a bunch of compromised politicians spouting hot air.
If they were serious, they would have straight up ditched the EU.
Show me the spending cuts!
After tireless focus group modeling the banksters have concluded that 'austerity' is a better word to use to convince people to be bankster slaves than actually calling them bank slaves.
they will either be cut loose or free themselves. in any case the powers that still be will try to maximise the damage to stopp the eurohemmorage. iceland didn't die, it recovered due to saying the debt that was illegally created ain't legally ours. leave us the flock alone...life will go on.
Greeks voted in past socialistic governments for their social benefit promises. These Greeks took benefit of these social policies but they was blind naive that it will last long.
Do they understand now that their current problems are caused by their past votes? ..... surely NOT because they believe again socialistic promises of Syriza ....keep EURO & avoid austerity & keep government jobs, ...
They seems again blind and naive. The austerity is necessary to make Greece competitive. Because austerity is politically unacceptable, the only possibility is AUSTERITY via DRACHMA devaluation.
Greek austerity is nothing terrible, soooo many countries have much lower living standard with comparable or better productivity. even many EU countries Romania, Bulgaria, Hungary, Poland, Slovakia, Estonia, Latvia, ...... off course also China & Russia.
The main problem is in peoples own head, just find out that life is possible also with less money, do NOT WORRY, BELIEVE ..... I visited many poor countries with happy peoples. The people really do not need so much to be happy.
So when the political class promises every dipshit free money and they take it - we should tell his next 2 generations to just suck it up and pay up?
sti100, you should go back and study your history on how Greece came to be roped into the union they were never qualified financially to enter. This was purely a case of the bankers roping a country in to fleece. Read John Perkin's book, "Diary of an Economic Hitman" to learn the way the banker scam worked. And realize that, fot the globalists to effect their One World Governance paradigm, they HAD to force all of Europe into their little currency union... which meant, buying off and corrupting the governments of their target nations... AND cooking the books as necessary to comply with the Maastricht Treaty... for which Goldman Sachs was paid beaucoup bucks.
The serfs are revolting. And threatening to revolt. The "intelligentia" (in their own minds) in Brussels and Berlin are aghast. The Brussels dream of a United States of Europe under control of Brussels bureaucrats may explode. And the economic stranglehold that the Euro gives to uber-efficient and uber-competitive German exporters will disappear if the other members of the Euro zone can regain control of exchange rates, and the myth of financial soundness of the Euro and ECB is at risk if it becomes plain that QE and "extend and pretend" are financial and economic insanity which delay the day of reckoning but make matters worse.
"Virus" ?
MERCK will soon have a vaccine for it.
Let's see:
Young people leaving Greece,Portugal,Iceland,Ireland (and draft resisters from Ukraine).
Unemployment approaching or exceeding 40% in young age groups (how about the over 50's?).
People being forcibly evicted out of their homes in Spain and elsewhere...
And here's me thinking monetary union and Maastricht was supposed to prevent war....
Also,can't see why Greece needs 1100 Tanks and Subs and F-16's for the rich kids to play with.
Someone once said that "You can do almost anything with bayonets except sit on one".