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EU's Tusk To Greece's Tsipras: "Game Over"
Brinksmanship is building:
- *GREEK OFFICIAL SAYS TUSK TOLD TSIPRAS AT EU SUMMIT "GAME OVER"
- *GREEK GOVT OFFICIAL COMMENTS IN TEXT MESSAGE
- *TSIPRAS TOLD TUSK AT EU SUMMIT "THIS ISN'T A GAME": OFFICIAL
- *TSIPRAS SAID AT SUMMIT CREDITORS' PROPOSALS EXTREME: OFFICIAL
- *GREECE-AID DEAL IS MATTER OF POLITICAL WILL: GREEK OFFICIAL
- *GREEK GOVERNMENT EXPECTS MIX OF GREEK, CREDITOR PLANS: OFFICIAL
- *TSIPRAS TOLD EU SUMMIT GREECE HAS NEW PRIORITIES: OFFICIAL
* * *
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Flawless Defeat!
Somehow I think that the EU has more to lose than Greece.
Not really sure I'd be spiking the football. Let's wait to see if Doucebank is a counterparty on some Goldman CDS.
pods
Now, about those deals the Greeks signed with the Rooskies. And the Rooskies deals with the Saudis
Talk about Games Theory!
Well played guys!
I Can't Believe Shit Until I Hear The Words: "WE ARE PREPARED TO RESUME PRINTING THE DRACHMA CURRENCY" ...
greece has had a plan for this since 2012. the designs are already settled, the printers are basically just waiting for the word and hell, they have probably already printed up a few billion of them anyways just in case.
How would you keep something like that quiet?
Disguise the pallets of cash as telephone books. No one looks at telephone books anymore.
Did Tusk sound like this:?
https://www.youtube.com/watch?v=np9tBI7_nq8
Until which Monday?
Kabuki on.
Earplugs inside the warehouse containing the presses.
Greece is going to have some serious turbulent times in the years ahead...TSIPRAS should go home, be a man, tell his country to prepare for a storm, go to work, work harder than you've worked before and help make Greece the golden goose of Europe again. Throw in some Alexander the Great rally stuff and get on with your life. Write the IMF and the EU a kind(it was good to know you)dear john letter and move the hell on.
footnote: we will default on 100% of our public AND private EU denominated debts (mortgages, credit cards, auto loans)
good night EU
Germany will fold they may talk tough but they have no other option, the whole point of the project was to move to an easy money system. A deal will happen and Germany will say they saved the EU and Greece will say they saved the pensions. All massive BS of course.
If you believe all stakeholders to be rational and to take a "greatest good" approach, then they will placate Greece and extend thin-air conjured money to them to service debt plus some tokens for the elite. If you were to consider the barnacle-like adhesions of all the default derivatives and insurance written to protect debt holders and the financial hole to be created should default occur and then weigh it against the cost of extend-and-pretend, money-print and distribute will win every time. This will incentivise all the other European deficit countries and socialists everywhere to make soft renege language and stimulate the fierce money printing which we all expect. The hard landing is always mitigated by central bank connivance. The hard landing is always mitigated by central bank connivance. Being in the end game of a system which demands infinite growth and expansion of money supply, classical accounting cannot exist. It is to be zero-bound bond issuance and placation of debtors forever. The weakened nations, deeply in debt and beholden to military, welfare, entitlement, sclerotic-growth scenarios will love their fiat as they may print forever and risk only the dilution of the prudent and patient productive class. The productive nations and peoples, with propensity to save and condense capital for deployment at a later and "better" time, will seek to preserve their capital by exchange into any other asset which MIGHT resist the ravages of inflation, deflation, confiscation, and desolation.
The Elite of the Greeks know this. They know that they will be given sums ad infinitum because to do so is cheaper than the savagery by which the market would respond to their default. It is a study in the wickedness and iniquity and subtlety that man can enact within this world given the tools and keys and instruments at a global level.
Sept is when it's been built to implode with some really fucked up derivatives chains tied to the FX trade. By Oct a guy like Soros will be eating cat food. Then again it's their own fault for fooling around with Banking nonsense, stocks and FX shuffling for too long.
The background. They've already spent everything Europe will produce for the next 400 years, only took them 20 years to do it and no one 'in charge' can afford >1% interest rates on the loans they've taken. That includes England. As much as the BoE would love to pretend it's distinct and separate. It's a tiny rock in the Atlantic that produces nearly nothing except amusement. England depends on the divestment of the European Union to keep the lights on in combination with the FX shenanigans to play man in the middle with the pound sterling with a saw horse trading scheme (the pound isn't actually backed with anything BTW, it's fiat has been since the 80's).
All those bars of gold they love to show pictures in the BoE coffers wouldn't cover the maintenance of England's roads and garbage pickup for a year or pay to keep gas in basic transportation for a month. As 'safe' as gold is assumed to be, the only real qualification to a functioning economy is how fast does inflation move contra to PM's. PM's in terms of pricing have been mispriced for so long, even the Queen is operating in a horrible cash deficit since BoE won't actually release any real numbers on their coffers I'll use some old figures based on US figures.
The M2 money supply is about $12 trillion. The amount of gold held by the United States government is approximately 260 million ounces. Quick bit of math, that's north of $43,000 per ounce. But the thing is the price of gold in relative terms to anyone's money supply will never, ever, ever be illustrated because the optics overrule the math. The commodity price has been fixed for a long time at 1200, and unfortunately that's where it stays after a collapse as well.
Why? Who has 43k if the currency system implodes? No one.
Anyone seeing the issue yet why transitioning to a PM economy fails instantly when all fiat rapidly becomes valuless and untrusted? Even property doesn't hold it's value without moving capital in a system, see all those old busted castles in ruins all over europe and the middle east...guess how that happened? No moving capital by market pricing misapplication prior to economic collapse does that.
That's why we English have the Scots to supply our oil, hydroelectric and wind power. We also made sure their silly separatist ideas were squashed in the joke referendum we organized for them. As for Sterling, it is backed by Her Majesty Queen Elizabeth the Second, so it's rock solid. QE2, QE3 and QInfinity are clearly named after and inspired by Her Majesty. Ah, and Gold Sovereigns are legal tender throughout the Realm. Just sayin'.
Enough.
Shoot that poor suffering horse.
They tried to with Shaeuble, but failed.
Pity.
Leonidas 2.0 AKA Yanis Varoufakis kicked the butt of Xerxes 2.0 army (ECB/IMF)
You Win Perfect!
https://youtu.be/zzDOpvukhNo
Inferior races! This is Greece, the cradle of Western civilization. This is the country that stood against the onslaught of the fascists, and bought time for the Allies. This is the nation that was placed under a series of authoritarian puppet governments by the Truman Doctrine as their thanks. How convenient are our memories. And this is a nation that has been brought low by the monetary chicanery and neo-colonial vendor financing of Brussels and Berlin, through the puppet governments and Western economic hitmen under which they have suffered for far too long. Jesse
Jesse is one awesome dude!
Well.....someone's preparing for something and whatever that "something" is I have a feeling that we're going to have an answer sooner rather than later. I'll take later but that bubble has a habit of just getting bigger with time and as we all know, it just takes a "pin prick" to pop a bubble and then of course there will be lines of people and different places with the same look on their faces and with the same answer. We never saw this coming. No one ever talked about this. How could this have happened?
Just like the post-Iraq analyses, we will hear pundits and leaders say "Who knew?" Well, anybody who has been around the block at least once and who has an IQ over room temperature could see what was coming, that's who. But nobody likes to hear "I told you so."
I sometimes wonder if the purpose of all our economic and geo-political failures has really been to keep the talking heads employed.
His prose is flawless, in coveying big ideas through little words. A true champion of the word.
@kliguy: Gotta give it up for the guy who said that humans' biggest downfall is the inability to understand or take into account the exponential function. Money, "laws", even automation... they all exponentiate.
Exactly. 2% growth every year results in a fast approaching train wreck, as the exponential function requires more and more credit to grease the growth. Likewise, look what a target of 2% inflation has done to the dollar over 100 years. These idiots don't understand basic math.
This experiment will surely end in collapse. I prefer hard mathematics over banker will.
+100 " tyranny of an aloof central authority of self-defining superior creatures, whose burden it is to bring order and self-control to the weak minded inferior races."
This idea is Neoliberal, Zionist, Neoconservative, And the very belief system that Washington DC operates under. This was all planned and prepared by the Zionist Leo Strauss "He was born in Germany to Jewish parents". Many other followers built on Strauss, and became todays rulers in Washington, London, Brussels. What you describe in your fine post, is just the fact of what the elites are planning. Strauss layed the intellectual ground work. Groups like the Chicago School of Economics under Milton Friedman [a further Zionist] built further.
All American politicans, save one or two, are owned and operated by the elite you describe. Their goals, are what you layed out above!
...And all these movements are a manifestation of clinical, cold blooded, manipulative psychopathy.
Political Ponerology: A Science on the Nature of Evil Adjusted for Political Purposes
"If the many managerial positions are assumed by individuals deprived of sufficient abilities to feel and understand the majority of other people, and who also exhibit deficiencies in technical imagination and practical skills - (faculties indispensable for governing economic and political matters) - this then results in an exceptionally serious crisis in all areas, both within the country in question and with regard to international relations. Within, the situation becomes unbearable even for those citizens who were able to feather their nest into a relatively comfortable modus vivendi (way of life). Outside, other societies start to feel the pathological quality of the phenomenon quite distinctly. Such a state of affairs cannot last long. One must then be prepared for ever more rapid changes, and also behave with great circumspection." (2nd. ed., p. 140)
+1,000,000
Seriously ponerology (the study of evil) is the only approach to understanding these creatures who think they own us. Like the fictional Sauron and Saruman, they are criminally insane. Their apotheosis is the transhumanist fantasy for good reason. Only in achieving earthly immortality - if only as a computer program - can they hope to evade the destiny their foul karma has prepared for them.
A powerful commentary.
What do these fellows imagine themselves to be, the new Viceroys of India?
Nope, they're the chosen ones and plan on reminding everyone of that fact.
Well said.
"competent administrative assistance"
All the proof needed that Larry is fashionably insane.
Hold your longs over the weekend bulls....I DARE YOU
So they have a deal on Monday. Got it. Next story please.
It's simply Groundhog day but over a week's time.
Friday night: Go to bed when you have a deal to fix your debt problem with more debt.
Monday wake up: No deal to fix your debt problem with more debt.
The Week: Trying to get back to Friday's deal.
pods
Long stocks in nailgun companies.
A Polack sock puppet telling the Greeks "Game Over". Yeah, whatever... but you have to love what became of EU.
Yep! Every morning it is Ground Hog day, turn on the radio and the news is "Greece in final negotiations".
Day after day, week after week, month after month. "Greece is in final talks" "Greece is facing the deadline" "Greece up against final negotiations" "Greece faced with make or break deal" "Greece told to make deal now' "Greece warned of Grexit" "Greece has only a week to agree" Never fucking ends!
They will be negociating still, when the entire house of cards will collapse on their heads...
Jack, it is wise to not take any news regarding Greece seriously until, hopefully, one day we see "Greece Defaults, Prints Drachma". That day, things will be different (it likely will never come).
Sunday night: drink like a motherfuckin' race horse at a casino and blow your wad on hookers and blow, because Monday morning everything resets and you even get to escape the hangover and STD's.
Shit, we are in heaven and don't even know it...time to take advantage of time loops!!
greece is nothing, like ebola was nothing.
Main news are in side lines!!!!
"greece is nothing, like ebola was nothing."
Then why is there so much effort being put forth to resolve it? Because of leverage, that's why. “Give me a place to stand and with a lever I will move the whole world.” So said Archimedes. There's a damned long lever out there and Greece is the pivot point.
Distractions often take a lot of time, effort and resources.
Greece may be firewalled, but Portugal, Spain, Italy, and France arent
It is much, much worse than that.
We are on the deck of a Global Titanic.
The lifeboats have already left the ship.
And there is no Carpathia on the way for us.
Greece is the sideshow. The lever was on Oil and the price dropped, instead of increased, which caused an insolvent Douchebunk Derivatives Balance Sheet.
Greece is the excuse and not the reason for what happens next. The price of OIL is the story which is all but ignored.
(Why did Douchebunk's CEOs abandon ship, like the rats which they are? Just what in the hell did you really expect when the price of Oil collapsed 60% in a half year Do you really believe the Derivative bets on that price of Oil not to be levered? Are you distracted? Good as that is where they want you to be.)
Martin Arrmstrong's 2015.75 prediction will be proved out.
Now pass the popcorn...Enjoy the sideshow.
We all die in the upcoming Thermonuclear War anyway...scheduled I believe for 2020...
It may happen sooner than that...a lot sooner.
Most people do have a problem when it comes down to exponential extrapolations. They think about the progressive linearities, and make there extrapolations of events using that flawed modeling. Thus they fail to compress the frequency of events near the end.
You know..On YouTube there is a video which claimed to be a "real time" model of the sinking of the Titanic. Two hours and Forty Two Minutes. It is about 100 times worse than watch water boil...
But it is Hundreds of times, if not thousands of times, better than watching Grass grow, I must admit.
At least the Classical Music is moving. Here it is...
https://www.youtube.com/watch?v=rBmIzBr3VLc
But the producer in the video thought linearly. And thus the video is flawed. For instance the last Engine Room was toatally submerged and yet the Ship was still lit up like a Roman Candle. Now he turned off the lights at the proper time but the visual information demonstrating the ship's submerged state did not line up with the timeline.
The ship did take that time to sink. But most of it was not submerged until the very end in reality. Then the sequence of events is compressed. That is how systemic failure happens...exponentially.
And as for our civilization...well...it is in a state of shocking collapse.
It happens slowly at first...THEN ALL AT ONCE as the sequence of catastrophic events compress.
But you already know that.
Sheep fuckers, all of them.
And by sheep fuckers you mean the banksters and Elitists, right? And the correct term would be sheople!
You mean 'weople', you fucking gender insensitive bastard Nazi.
I am NOT a bastard nazi. I know damn well who my father is!
Obama on the otherhand, I'm not so sure we know.
OK, but better be careful...you could be wiped from the history books any day now.
A for POTUS - I call: CLONE. Not even a psychopath could be that inhuman.
Since when do those asshats stop at sheep?
;-D
LOL! Sure... sure...
fuck off then and let the greeks "fix" greece.
This could mean Greece might default.
It is possible that what you say has truth to it.
Clever.
It is a game. Greece is Wreck-it Ralph and the troika is Fix-it Felix.
The orange-skinned Legarde is obviously Q-bert.
http://i.imgur.com/x2KwTbw.jpg
What is surprising is that Tusk actually stopped slobbering over Obama's stump long enough to say something.
OH BOY, watch the CDS's get triggered.
It will not be deemed a default, just a 99% haircut. So no, the bankers will not commit suicide in broad daylight. Not yet.
TSIPRAS TOLD TUSK AT EU SUMMIT "THIS ISN'T A GAME"
Boehner said it isn't a game. Turned out it was.
It's all fun and games until someone loses a currency!
Now why did Tsipras meet with Vald at all last Friday?
A Reach Around
A Games Theory "Reach Around"
Meanwhile, the bidding is open for Catylin's penis, Dooziel's curling iron and Confederate Flags!
Look! A Herd of Unicorns!
I think, just based on global public opinion, that Greece would fare better if they defaulted. The massive devaluation and reintroduction of the Drachma would be boon for tourism.
Greece isn't a manufacturing economy so the the import export deficite factor won't have a huge impact on their currency after the initial hit.
No kidding. People around the world will flock to Greece for vacation. If inflation takes off, which Wall Street will try like hell to create for them, then the inflow of tourism dollars will be remarkable.
I don't doubt that the Dreck-ma would be a really good deal for the tourists.
But what about the actual inhabitants, who will find themselves getting paid in pennies and having to import virtually everything at a ruinous exchange rate?
There's a reason why older Greeks, who retain memories of life under the previous Dreck-ma regime, are fighting tooth and nail to avoid going back there again.
There's a reason why the Greeks themselves do not want the Dreck-ma back. Much of the enthusiam for its return is found in the heads of foreign cheerleaders who have never had to deal with a national Greek currency.
The Greek people voted For the Euro and Against Austerity. We are now in a situation where they have to pick one or the other. Can't have both, no matter how hard they wish for it.
Which one will it be?
The Kabuki is strong with this one.
Greece represents something to the elite of the NWO. That something must be crucified and pronto, otherwise, their visions of world enslavement cave like a house of cards.........THe children of Delphi vs. the children of Sion-it will be a battle to the death. The light vs the dark, the good vs the bad, god vs the devil, the humanists vs the moneychangers. MARK MY WORDS-GREECE WILL BE CRUCIFIED! Let's hope there is a resurrection for humanitie's sake...................
it would help if they had some ballz
TSIPRAS....I bet when he packs his bags this weekend..he takes everything out of the mini bar.......he is going to need to live on that for a few years I think
inane
The bankers have been front running the scam since 1649; they learned a thing or two and more than likely have plans in the works - now, on the other hand.......
Tusk is nothing more than Merkel's mascot. She was responsible to propose him for EU presidency. He was speaking german at home since born (because his mother and grandmother were speaking this language). His grandfather was in wehrmaht. Known facts.
So finally, Germany decided to destroy EURO zone. It looks like this week will be very interesting...
You can live a good life in Greece without tonnes of money. Amazing climate where you can grow a lot of your own produce, beautiful country, beautiful women, a sense of community. Who needs a good economy?! Tell the bankers and the Germans and the rest to go f@ck themselves.... which they will surely do when Deutsche Bank collapses like a house of cards...
It is for Deutsche Bank that the show must go on. As long as Tsipras holds his nerve (and those around him will NOT let him misplace it) Merkel will fold.
Yes. Deutsche Bank....a can of worm that the CEO has already jumped ship with his cronies.
Yeah but it's an old and shitty game, time to play another one that isn't cheating to suck more quarters out of you.
Paul Craig Roberts.
In a nut shell.
http://rinf.com/alt-news/editorials/greek-democracy-failing-paul-craig-r...
The whole project is ego driven... no different to every war (hot, cold or financial) that has ever been fought... what amazes me is how the bullshit continues on in this Fiat currency, nothing is as it seems, upside down world.. Maybe the whole thing is a game/matrix of deception and the people are in a deeper sleep that we on ZH realise.
Regardless, I believe I woke from that sleep a year ago, got an alternative education on ZH and consequently got into gold bullion and now I want to give something back.
For those of you not actually in the physical metal .. I can highly recommend it.. because no matter what goes on in the EU Punch and Judy show... my stress levels reduced 90% knowing I have some bullion.
You might think I'm just spamming, but I'm not... I'm deadly serious! I got involved in a German company called Karatbars International who produce Gold Bullion in small weights and boy am I glad on various levels.
They developed an incredibly lucrative affiliate marketing system to get their product to market... Its free to join at the basic level although if you decided to go all in to earn the highest commissions the buy in price is essentially peanuts... FFS my day job Personal Indemnity insurance costs more per month!!
The downside is it's more a mass education programme than marketing,,, because aside from ZeroHedgers the financial IQ out there is well down the trickle down economic cascade and those people need to be educated to get some AU!
I know there are lots of you out there that would love to get your hands on bullion and get the money to acquire it from actually helping some of the lambs lined up for the slaughter - We could actually be doing something worthwhile.
Check out my website www.teamramgold.com its only a simple website to give a snapshot of the programme, but feel free to get in contact with me and I'll show you an incredible system. It could be the most lucrative email you will ever write..
And yes OK I am pitching (a bit) but if you get the programme you will understand why.. I'm a capitalist but with a social conscience.. .
What could go wrong with a Multilevel Marketing deal that trades in commodities. Plenty of margin for everyone! You sir are a friggin' moron.
you are what we in ireland would call a gobshite!!! i.e. a mouth piece who can only insult because they lack the intelligence to debate... Gobshites normally get regular beatings
Game over. This isnt the game. Oh you bet, we`re having a lot of fun! Sincerely yours: Rotschilds and co.
Tusk is the former Prime Minister of Poland. for 7 years he indebted the country, pumped multiple local bubbles, robbed pension funds, pushed to join eurozone, ignored voters and supported cronies and eventually removed the debt ceiling. Poland is now just delayed Greece: sooner or later it will also face similar 'game' from IMF.
Greece won't lose the EUR.
Because of their routine, they are experienced at cheating, misleading, etc. other hard-working countries (e.g. Germany) or even the whole EU.
That's their ancient tradition. Come on, their crises have been peacefully going on for more than 4 years now. For 4 years, everybody has been talking about EurExit, etc. but did it ever happen?
If they gonna collapse, why exatly now? After the 62nd breaking point? Why didn't they collapse after the 22nd breaking point or why won't they after the 81st?
They have more routine than that. :)
Trust me, I live in Central Europe.
They really really really mean it this time.
Any so-called "Game Over"
depends upon the "game."
As several previous comments above referred to, the "game" is not a game, because, to the degree that the death controls back up the debt controls, therefore, debt slavery becoming debt insanities will provoke death insanities, at an EXPONENTIAL RATE: "The greatest shortcoming of the human race is our inability to understand the exponential function."
http://www.albartlett.org/
Combine Al Bartlett with William R. Catton, Jr., and add in a deeper appreciation of how the banksters' specialization was ENFORCED FRAUDS, and we begin to approach an overall theory of "Game Over," as the decline and fall of civilization due to running into the walls of the limits to growth, manifesting as diminishing returns, from having been able to make "money" out of nothing to "pay" for strip-mining the planet's natural resources, which then drives civilization to go over the edge of "Seneca Cliffs."
http://cassandralegacy.blogspot.ca/2011/08/seneca-effect-origins-of-coll...
The Seneca effect:
Why decline is faster than growth ...
William Catton's Overshoot:
The Ecological Basis of Revolutionary Change
published back in 1980 & see this 2008 interview:
http://www.youtube.com/watch?v=oF6F0bgvARc
The major themes of that book on OVERSHOOT:
stealing from the future, exuberant growth,
takeover and drawdown, industrialization,
carrying capacity deficit, ... & as well as
the need for us to expect the worst.
At about the 31:35 mark of that video, Catton makes the correct points about the ways that specialization of labour has become that the human systems have people who act like different species did in biological ecosystems. However, Catton does not carry that through with enough rigorous and radical examination of those "species." If one looks at real death controls, backing debt controls, then it becomes clearer how social pyramids are systems of organized crime, conducted by 'specialized' people who back up lies with violence, that are what increasingly controls society to behave in criminally insane ways. Of course, those who thus ended up being controlled are equally components of the whole human ecology system. Those who dominate the political economy by frauds, which are enforced by governments, co-evolved with those who adapted to live within those enforced frauds.
As always there are at least 2 deeper levels here:
First, there are the deceitful death controls, and
second there is the necessity for death controls.
The same analysis applies to money actually being
measurement backed by murder, as money existed
because measurement and murder actually existed.
Current problems stem from those who "specialized"
in warfare, and then finance, were most "successful"
by being most deceitful and fraudulent, and hence,
the "success" expanded to control the opposition.
The current problems are death controls done through
the maximum possible deceits, opposed by those who
who promote the various impossible ideals about that.
Not all specializations were equal, although certainly
human civilization was largely about specializations,
that made society become similar to some ecologies,
in which there were different species in their niches.
In those ways, the study of biological evolutions
applied to understand human cultural evolutions.
The "Game" continues as long as life survives ...
The "Game" faces its double whammy dilemmas!
The most necessary thing is better death controls, BUT the degree to which the best death controls were done via deceits, which also wrapped their "opposition" inside of, makes genuinely better resolutions of our problems become practically impossible, in current politics! Theoretically, WE NEED better artificial selection, which necessarily has better death controls as the core to that. However, in practice, existing ways of operating the artificial selection are done via the maximum possible deceits and frauds, that are shared by both the establishment, and also their controlled "opposition" groups as well!
More of my useless fiddling while Rome burns, as I REPEATED my standard stuff under this article:
http://www.zerohedge.com/news/2015-06-23/unspoken-tragedy-upcoming-third-greek-bailout
The Unspoken Tragedy In The Upcoming Greek Bailout
The dance between the Troika and the Greek Government continues to mainly be between the dominate organized crime gang, and their still mostly controlled opposition, which is a superficial dance taking place on bigger stage, against the background of exponential growth OVERSHOOTING, whose Big Boss "Game Over" will be much more dramatic changes of state than the superficial notions about any lesser game over, maybe manifesting as some sort of Grexit.
- This is not a game!
- Oh, what a better way to endure eternity... For this, litte Tspiras, is the ultimate game. Let the games begin!
"Light versus darkness, hope versus despair, and all the worlds fate hangs in the balance"
Game Over Man, GAME OVER! https://www.youtube.com/watch?v=dsx2vdn7gpY
Beat me to it :)
How about Lysistrata's way of doing things.... oh and add not caring about "market" reaction as well...
The moral of the story; Don't relinquish your sovereignty to anyone for any reason