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Wealthy Greeks Slam "Incompetent Communists Ruining The Country", Demand EU "Save" Greece

Tyler Durden's picture




 

Despite the market's exuberant hope that everything will be contained and business-as-usual will resume shortly in Europe, the message from the wealthiest Greeks is very different... As The FT reports, not since the nation's civil war has Greek society been riven by deep divisions between left and right as Greece's financial plight reopens old wounds. "The government are incompetent and are ruining the country because they are communists and do not understand reality," said Maria, a banker. "But there has to be a deal. The EU has to save us," she said, fingering her golden necklace. "Right?"

 

As The FT reports, for the affluent, life without the euro is almost unimaginable...

The single currency made it easier for them to send children to study abroad and purchase property and luxury goods elsewhere in Europe.

 

More than that, it distinguished Greece from its impoverished Balkan neighbours, confirming its place at the centre of a prosperous Europe. But as the crisis has dragged on, other Greeks — particularly supporters of the left-wing premier Alex Tsipras — increasingly equate membership of the currency with crippling public spending cuts and social inequality.

 

Until now, much of the country’s elite had assumed Mr Tsipras’s defiance to the country’s creditors was a calculated bluff to extract more aid from EU leaders fearful of the ramifications of a Greek exit from the eurozone.

But the wealthy Greeks are now revolting too...

But at the north Athens party, it was dawning on some that many Syriza supporters feel they have nothing to lose, and are therefore willing to take a leap into the unknown with a potential default rather than suffer the ignominy of a climbdown and more cuts to public spending.

 

“The working class with no money to spend and empty bank accounts . . . has nothing to lose,” said Patroklos Koudounis, founder of Adequate, a political risk consultancy. “Hence, they support the government and, as polls clearly show, half of them are in favour of a Grexit.”

 

Mr Koudounis found himself joining a pro-EU protest on Thursday night in central Athens, organised in response to a demonstration the night before by Syriza supporters. It was an act, he admitted, he “never would have ever imagined myself doing”.

“Those who have something — or a lot — to lose are becoming quite irritated,” he remarked. “They feel that they are under extreme danger and are now ready to get off the comfort of their couches and protest in the streets.”

Fear of what might come this week, including warnings of capital controls for Greek banks if no deal is reached on Monday, has prompted rich Greeks to move the bulk of their personal wealth and business accounts abroad, or hoard piles of cash in their homes.

 

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Mon, 06/22/2015 - 17:20 | 6223326 Soul Glow
Soul Glow's picture

Because getting "bailed out" by Germany isn't communistic.

Mon, 06/22/2015 - 17:22 | 6223334 Freedom In Your...
Freedom In Your Lifetime's picture

Just goes to show you the extent of mind conditioning people have gone through. Asking the socialists for help from the communists without facing any substantial cognitive dissonance. Good riddance.

Mon, 06/22/2015 - 17:39 | 6223405 joseJimenez
joseJimenez's picture

NO, No!!!! That is just Progressive Socialism. The Germans are socialists with a capital  "S"  China and Russia  are communists  with  a "C".  One points a gun the picks your pocket.

Mon, 06/22/2015 - 18:10 | 6223518 Bobbo
Bobbo's picture

Hm.  ...  Not so sure about that Russian Communism these days.

Mon, 06/22/2015 - 18:24 | 6223553 Creepy A. Cracker
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Do what they're doing in France (and the U.S.) - When the government makes employing people and running a business virtually impossible without paying off the government (EPA/IRS/NRLB/OSHA/FDA/DEA/etc)  move to a country that wants jobs and business.

Mon, 06/22/2015 - 17:20 | 6223327 Freedom In Your...
Freedom In Your Lifetime's picture

The availability of knowledge and information we currently have takes away all excuses for being ignorant of reality.

Time to sink or swim on your own merits, humanity. Nobody will have time or energy to give you empathy in the future that is coming, much less pity or charity.

Mon, 06/22/2015 - 17:22 | 6223329 WTFUD
WTFUD's picture

KILL MARIA and remove her of her golden necklace.

Mon, 06/22/2015 - 17:21 | 6223330 MiTasol
MiTasol's picture

1%ers protesting on the streets, this could be fun.

Mon, 06/22/2015 - 17:22 | 6223333 Bumpo
Bumpo's picture

Boo Hoo

Mon, 06/22/2015 - 17:22 | 6223336 Normalcy Bias
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“Those who have something — or a lot — to lose are becoming quite irritated,” he remarked. “They feel that they are under extreme danger and are now ready to get off the comfort of their couches and protest in the streets.”

...And make themselves targets? Not bloody likely. The wealthy hire this kind of labour out...

Mon, 06/22/2015 - 17:23 | 6223337 ghostzapper
ghostzapper's picture

Long ski masks and safe-busting equipment.

 

 

 

 

 

 

Mon, 06/22/2015 - 17:23 | 6223339 Brokenarrow
Brokenarrow's picture

what is the address? i want to deliver a pizza.

Mon, 06/22/2015 - 17:40 | 6223409 negative rates
negative rates's picture

Pizza delivery is by boat only.

Mon, 06/22/2015 - 19:23 | 6223712 Sages wife
Sages wife's picture

Boats with those rod-holding thingies for the pitchforks.

Mon, 06/22/2015 - 20:36 | 6223931 Arnold
Arnold's picture

" if I had a freighter, I'd freighter in the morning

I'd freighter in the evening ,

All over this land..................."

 

 

Thanks Pete In this case only.

https://www.youtube.com/watch?v=Rl-yszPdRTk

Mon, 06/22/2015 - 17:25 | 6223348 Brokenarrow
Brokenarrow's picture

fuck the rich. "how much for their daughters?" they need a good lesson in humility

Mon, 06/22/2015 - 17:28 | 6223357 WOAR
WOAR's picture

Sounds like they're making themselves targets for guillotines...

"Let them snort coke."

Mon, 06/22/2015 - 17:37 | 6223398 runswithscissors
runswithscissors's picture

let them snort CAKE

Mon, 06/22/2015 - 17:38 | 6223401 Sudden Debt
Sudden Debt's picture

Those who still have a lot to lose and still are in the country are what they call the dumb money.

If they’re only waking up now... and will go to a central place... where everybody knows they have money... and where they will be surrounded by people... who have nothing and hate them...

Well...

good luck with that plan...

say hello to my dog that I had when I was a kid... 

Mon, 06/22/2015 - 17:40 | 6223413 SmittyinLA
SmittyinLA's picture

To the elite Greek scum that put Tsapiras in power, not leaving the Euro means your wealth will eventually get liquidated like the Czars' wealth, they don't even understand which side they're supposed to be on.

(hint Greek voters should vote for Greek sovereignty) 

Tough choice:

A: Indepedent nation state

B: Vassal state being looted forever by an immigrant mob on behalf of the transnational non-state looter assn and cartel.

Greek voters: Duh  I dunno

Mon, 06/22/2015 - 17:40 | 6223414 sirik
sirik's picture

"The government are incompetent and are ruining the country because they are communists and do not understand reality," said Maria, a banker. "But there has to be a deal. The EU has to save us," she said, fingering her golden necklace. "Right?"

Wrong !

The previous governments were also incompetent and no communists.....

Both the EU and the previous governments drove the Greek into this situation  which they are now in.

This governement is only 4 months old. .... and all the EU leaders got bleeding noses.

So Maria... your not the only one who doesn't pay their taxes. !

Mon, 06/22/2015 - 17:41 | 6223418 runswithscissors
runswithscissors's picture

the govt is incompetent communists and they want help from EU?...wtf are they thinking? EU=communists too

 

Mon, 06/22/2015 - 17:42 | 6223426 City_Of_Champyinz
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Liberalism destroys everything that it touches, and is a severe mental disorder to boot...

Mon, 06/22/2015 - 17:48 | 6223453 petkovplamen
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And Libertarians worship a lesbo cunt who worshipped killers of little girls.

Mon, 06/22/2015 - 19:11 | 6223685 The Delicate Genius
The Delicate Genius's picture

I'm libertarian {for the most part} and I have no use for Ayn Rand, because I happened to read a lot of philosophy, so she lacks the aura she has for a lot of econ/finance types who only read her..

but I also have no use for liberals who dont know much at all about libertarian thinking, distill it to "selfishness" and for whom every discussion is a chance to lecture people who likely have heard your argument 100 times.

You can either try to learn about a different worldview, or you can remain in an epistemic bubble over at Daily Kos...

Mon, 06/22/2015 - 17:49 | 6223455 q99x2
q99x2's picture

Arrest them and redistribute their stolen wealth.

Mon, 06/22/2015 - 17:51 | 6223458 Bighorn_100b
Bighorn_100b's picture

This is the same shit ZH has been posting for months. Chop off some bankers/politicians heads already.

Mon, 06/22/2015 - 20:40 | 6223952 Arnold
Arnold's picture

You are opposed to points of view?

Mon, 06/22/2015 - 17:52 | 6223462 WTFUD
WTFUD's picture

Sheep Dip! So the Proletariat and the Bourgeoisie are both committed to remain within the EU. What's the problem then?

Mon, 06/22/2015 - 17:59 | 6223478 One And Only
One And Only's picture

Black Lifes Matter.

Mon, 06/22/2015 - 18:08 | 6223512 Bobbo
Bobbo's picture

deep

Mon, 06/22/2015 - 20:56 | 6223957 Arnold
Arnold's picture

Evidently not to them.

 

 

http://www.lifenews.com/2014/12/01/black-lives-matter-78-of-abortions-in...

 

http://www.bloomberg.com/bw/articles/2014-08-20/the-stark-statistics-on-...

 

But what does your comment have to do with the Greeks?

You trolling . topic changing a **hole.

I assume that you sold your name and time for less than my asking price of $60,000 USD.

Mon, 06/22/2015 - 18:03 | 6223495 sethstorm
sethstorm's picture

Wouldn't doubt that some of those "wealthy Greeks" are Communists.

Mon, 06/22/2015 - 18:07 | 6223508 Joebloinvestor
Joebloinvestor's picture

There is no such thing as a "pro-euro protest".

It is called a rally.

The author really ought to learn the difference.

 

 

Mon, 06/22/2015 - 18:08 | 6223510 Bobbo
Bobbo's picture

Quick !!  Look over THERE  !!

It's a Whiney Banker crying all over her MONEY !!

But wait, ....  what am I NOT supposed to SEE or HEAR ??

Whose script was she reading ?

Next up:  Money for The Ukraine !

Money for nothing and the Reich for free !

Mon, 06/22/2015 - 18:12 | 6223511 SpanishGoop
SpanishGoop's picture

Those wealthy Greeks just have to wait until the poor Greeks are made even poorer.

I hope they still feel so wealthy if they escape the Greek mobs alive with nothing more than the clothes they are wearing.

 

 

Mon, 06/22/2015 - 18:20 | 6223545 Paracelsus
Paracelsus's picture

I read somewhere's that the small French investors were trying to get some compensation for their now worthless Tsarist Russian bonds way into the 1930's.

But then it was mostly unhedged bets back then.

Now sidebets,derivative time-bombs which cannot be allowed to be activated.

And if you are a large Bank,just demand a bailout : have the taxpayer take all that crappy MBS stuff off your books.

The Deutsche Bank fellows do not want to tell the German pensioners all their retirement money is gone.Also,next up for austerity,Spain and Italy.The price of borrowing money just went way up with the sovereign bond yields.Greece 2 yr @ 30% ? Hmmm.....

Mon, 06/22/2015 - 18:36 | 6223594 CHC
CHC's picture

Right Maria - whatever...right after you finish clipping my toe nails.

Mon, 06/22/2015 - 19:10 | 6223678 Niall Of The Ni...
Niall Of The Nine Hostages's picture

If Europe is their oyster, what the fuck are they still doing in Greece?

Answer: in a normal country they'd get sent to prison for stiffing the government on their taxes.

Maybe our Maria should get her sweet self to her beloved Europe and stay there while the men clean up the mess she and her friends made, kleptocrats and communists both. 

Mon, 06/22/2015 - 19:11 | 6223684 agent default
agent default's picture

They are idiots.  The EU and the IMF want their money back from Greece, don't care where they get it from.  Since they are wealthy, the creditors will get it from them.  Simple as that.

Mon, 06/22/2015 - 19:15 | 6223698 ramgold2206
ramgold2206's picture

I'm so fed up with all this EU bullshit...Ireland took the opposite direction to Greece yet the problems remain (just under the surface). The euro project is doomed but it will limp on for years crisis after crisis.

Reading ZH convinced me to own gold to try remove myself from this madness as best I could but like nearly everybody I had F..K all extra cash to convert into bullion.

6 months ago I had no cash and no gold and a shed load of credit card debt.. Now I have some of cash,,, a few ounces  of gold... and I'm rid of the credit card debt..all from reading Zero Hedge and its commentators and using that knowledge to find a way!!! thanks guys I owe you.

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Mon, 06/22/2015 - 19:23 | 6223714 gwar5
gwar5's picture

These Greeks have a point.  The commies have been running the country into the ground for so long, giving government workers 13 months worth of pension per year and other extravagancies.

 

The rich are going to be targeted and, as ever, the definition of "rich" shall be defined downward until it includes everyone. 

 

Mon, 06/22/2015 - 20:18 | 6223864 honestann
honestann's picture

Eject the EU.  Eject the rich.  Eject the debt.  Eject the banks.  Eject the commies.  Eject the government.  Eject all foreign organizations and representatives.

Then post this message everywhere:  you're all on your own people.  Make your lives work, and don't expect anyone else to help you.  But immediately exterminate anyone who attempts to enslave you, control you, harm you, tax you, etc.

There, fixed Greece for you.

Mon, 06/22/2015 - 20:53 | 6223983 Jack Burton
Jack Burton's picture

said Maria, a banker

Fucking cunt!

banker? What has this cunt added to the economy? This bitch ruined the whole of Europe and America.

Mon, 06/22/2015 - 23:53 | 6224447 Mat Cauthon
Mat Cauthon's picture

"More than that, it distinguished Greece from its impoverished Balkan neighbours, confirming its place at the centre of a prosperous Europe. But as the crisis has dragged on, other Greeks — particularly supporters of the left-wing premier Alex Tsipras — increasingly equate membership of the currency with crippling public spending cuts and social inequality."

Really?  Then explain Portugal, Ireland, and Spain.  These were not third world countries but have been impoverished just as much as Greece was by the EU, Euro, ECB, and rule of technocrats.

 

 

 

Dovie'andi se tovya sagain (It's time to toss the dice)

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