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Rinse and Repeat, Greece Faces Imminent Collapse
.....Sprott Money first to announce state-of-the-art private Cayman storage --> http://www.321gold.com/info/053015_sprott.html
Click For Original Post - Rinse and Repeat, Greece Faces Imminent Collapse
Rinse and repeat, rinse and repeat, that’s the story of the ongoing financial crisis that surrounds Greece.
Greece, once again, is staring over the edge into the abyss and is facing imminent financial default, possible collapse and a system breakdown. That is, unless they can once again pull a rabbit out of their hat and stave off disaster for just one more month.
If they are capable of doing this, all will be well and everything will be solved, right? Of course not. Next month they will simply face the same dire situation and the mainstream media will once again be buzzing with activity and excitement.
As what is now par for the course, Greece officials have 9 days remaining to get their house in order and meet the creditor demands of the IMF and EU. Last month they just barely made payments at the last minute, by raiding their reserves held at the IMF. This month, what will it be?
The problem is, no one knows. Greece unexpectedly postponed a scheduled meeting. This surprised market participants giving the short time remaining before Greece “officially” has to default on its payments.
Once again, the Greece government is stating that a deal is close with its creditors and all will be resolved before the deadline. Also, as per usual, the IMF and EU are stating that a deal is nowhere close to being reached and that Greece needs to get its house in order.
The truth? Who knows. The amount of MOPE and deliberate confusion surrounding this disaster of a story knows no bounds. However, what we do know is that creditors and cash continue to flee the banking sector in Greece, making a bad situation that much worse.
Simply put, Greece has nine days to get their act together and surprise us all by staying afloat for one more month. How will this end? We’ll know in nine days, then in a month’s time, we’ll be back where we started. Then the rinse and repeat will continue on.
Click For Original Post - Rinse and Repeat, Greece Faces Imminent Collapse
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.....Sprott Money first to announce state-of-the-art private Cayman storage --> http://www.321gold.com/info/053015_sprott.html
I visit the Caymans every year for "a meeting." That place is as flat as a pancake. I wouldn't store anything of value there. Hurricane much?
hahaha, "meeting". You're my inspiration now, I'll be telling the wife the same for my "meeting" in Jamaica !
This little country gets far too much attention. Obviously, they're going to kick the can down the road again, as if anything will change for the better one day. LOL Why aren't we focusing on Lichenstein, or Djibouti? Probably because they live more within their means. Clearly, Greece pulled a fast one in getting into the EU. Bernie Madoff did the same thing, though he may have managed his Ponzi scheme more efficiently if it weren't for a government bail out didn't come his way.
You should write for Bild.de
For the moment let alone Greece, and kindly offer your opinion on this: http://www.taxfairness.ca/en/news/canadian-mining-company-evading-taxes-greece
Decision time.
Tspiras now has to decide whether to capitulate to Germany or to capitulate to KKE.
Nazis or Commies, quite the dilemma for him.
Greece has been facing imminent collapse since early 2010. At that time the extent of the bailout was estimated at 20 billion EUR.
Greek tragedy, act 10,000, scene 256......
Who lnows? Why, Mr. Panos knows. He's known all along! https://www.youtube.com/watch?v=Zvl9N9GdraQ
You should also add the Netherlands and Canada too. You may wish to take a look at this: http://www.taxfairness.ca/en/news/canadian-mining-company-evading-taxes-greece
----> Greece is fixed?
----> The fix is in for Greece?