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Ignoring Tsipras Plea For Calm, Greeks Storm ATMs, Stores, Gas Stations
Just a few hours ago Greek PM Tsipras addressed his nation imploring then to "remain calm" and reassuring them that their "deposits were safe." It appears the Greeks did not believe him. Many were wondering where the Greek bank lines were for the past several months. Turns out the local depositors were merely waiting until just after the last minute to withdraw their funds... horde gas... and stack food. Greece, it appears is Venezuela - the new socialist paradise.
Tsipras implored: "Keep Calm...."
They did not listen...
Call that an ATM line...
Now THIS is an ATM line...
This ia an ATM queue in the centre of Athens now #Greece #Greferendum pic.twitter.com/lx12DYnJIW
— Loukia Gyftopoulou (@loukia_g) June 28, 2015
??????? ????????????. ??????. pic.twitter.com/pPy1HT5LaP
— Kosmas Themelis (@kosmasthem) June 28, 2015
How Greece looks like after capital control announcement by SYRIZA-ANEL #europe #euro #Eurozone #EuropeanUnion pic.twitter.com/x6nK9951H1
— Poseidon (@Kons_u) June 28, 2015
#ATM#thessaloniki#greece#krisis pic.twitter.com/Ly4g8B0Paj
— ????? ? (@sissy_mitr) June 28, 2015
Lines outside ATM in #Thessaloniki this evening via @gatosg. #greece #athens #Greferendum #dimopsifisma pic.twitter.com/phf1050KMG
— Omaira Gill (@OmairaGill) June 28, 2015
ATM queues growing by the hour in #Greece. #euro #GreeceCrisis pic.twitter.com/IYx9KAyr2n
— New Europe Investor (@neweuropeinvest) June 28, 2015
Even at the airports...
Resending this as there is at least one other ATM with cash at athens airport out of shot. I've joined the line. pic.twitter.com/EuoIcj9afb
— Elliott Gotkine (@ElliottGotkine) June 28, 2015
And gas stations are overwhelmed...
Scene at the petrol station near my hotel. Busy, certainly. but not manic. #Greece #euro pic.twitter.com/zEODyhbkHk
— John Hooper (@john_hooper) June 27, 2015
As grocery stores and general appliance stores come under seige...
???????? ??????? ???????, ????. ???? ??? ???? ?????????... pic.twitter.com/mWU7DHkl99
— ???????????????????? (@LPapastergiou) June 28, 2015
We have seen this before - in Russia recently as the Ruble collapsed and citizens spent any and every piece of currency they had on 'assets'.
The great news for Greece is that GDP for Q2 will be sent soaring.
Simply put - it's all about inflation expectations. And unlike The Fed or The BoJ, who keep trying to jawbone higher expectations into their citizens' minds, the Greek government may have achieved it implicitly through devaluation expectations and with it - a spending spree before things get more expensive and implicitly a surge in GDP. Of course, however, the spending surge can only be short-term and will stop as soon as there are no more euros to spend.
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Don't worry George, you're just facing the stereotype brainless Austrian response.
Don't forget that more than half of the people you are discussing here are clinically sociopaths, and Rand/Mises enable them to justify their sociopathy. It is the economic doctrine of the psychologically sick...
Thanks, Larry, I feel much better now! ;-)
Fingers crossed for the people of Greece. Let's hope this works out.
I agree completely. I hope the Greeks blaze a trail to freedom from banksters for others to follow.
Popcorn time.
Greece, coming to a location near you.
The global forest is tinder dry. Did somebody socialist just strike a match?
DOH!
I am voting for some serious carnage but this is not IT yet. Why not another 2008 and QE to infinity? Why not a smaller panic serving to remind everyone who is in charge? Then again there is that Sept, 28th thing.
60 euros per day starting Tuesday
http://www.reuters.com/article/2015/06/28/us-eurozone-greece-limits-idUS...
Can not be more humiliated.
https://imgflip.com/i/nj77d
The Most Interesting Man In The World weighs in
At this point the Greeks are so pissed off, I'll bet they reject the EU/Troika proposal next weekend by an overwhelming majority.
Huge disruptions in lifestyle like these generally bring communities closer together after the "riff~raff trouble makers gets sorted out.
You are right, 80%-90% by an Athenian Taxi driver, said so 30minutes ago.
This is Bullshit....first of all...I see no panic, no stampeding...just a bunch of lazy 15 hr/workweek fucking losers standing in a line t\yucking it up like they were wa.ting to get into a St. Louis Cards b-ball game....seriously folks...all of this is nothing but hype.....these fuckers aren't panicking......when it looks like Ferguson mo, and a Greek Al Sharpton is at the mike...then be afraid...be very afraid...in the meantime.....meh.
I saw no colored folks in any of the images.
I saw some tan colored folks. and some white folks....oops...white isn't a color...just the absence of color.
Actually black is the absence of color.
I think both of you are correct.
Outraged, exhausted and desperated greek confronted TSipras... after losing all their deposits.
well, Tsipras calmly retorted: I am not a liar, all I said was that your deposits "were" safe.
Hopefully when this happens to us, as it will eventually, we will have seen how they deal with their rulers.
Maybe take some notes on how we treat the 535 club.
http://youtu.be/2TszIJX-F4U
"Greek PM Tsipras addressed his nation imploring then to "remain calm" and reassuring them that their "deposits were safe.""
LOL. Just like Mexico's president years ago saying they would not devalue the peso. Those who panic first, panic best.
''Your check is in the mail'' and ''I promise not to cum in your mouth''
They couldn't have been all that hard up if they have money in the bank to take out.
So when we see lines like that in America then there will be no need to panic right?
Greece ... about to become the collapsing Cradle of un-Civilization.
Those are some nice pictures... I wonder how many Cessnas' the Troika borrowed from the FBI after the Baltimore fiasco to take those photos?
You can't let a good crisis go to waste, especially when it's on the taxpayers dime.
I spend about 15 euros a day on groceries etc. So 60 euros a day is plenty.,
Do you go to the ATM everyday and withdraw 15 euros so you can buy your groceries? Who wants to go to the atm every day just so they can spend weekly or bi weekly.
Its to prevent people from accessing their deposits.
I pay with debitcard. Seldom use cash. about 15 euros a day (I shop daily for fresh produce).
And what happens when your ATM Card doesn't work when the full implications have been realized and Banks stop trusting other Banks?
Do you remember what happened in 2008? There was a GLOBAL CREDIT FREEZE.
And you are ready for CREDIT FREEZE II?
Enjoy your starvation. You deserve it.
Tom, again you have more insight into Banking and Central Banks and Capital Reserves than I do.
I did not have a Business in 2008 and really don't have much family need for cash. Today I find I have lots of Repair to Land and Building due to poor inspection before Buying. This is a time where adults need cash or at least spend from bank accounts.
We know that cash is so far crucial to:
- Illegal Activity, Crime, Chop Shops, Pawning goods (what is another term for that? Fencing is better)
- Construction Labor, Agriculture Labor, Landscaping Labor, Hotel Labor, Restaurant Labor
- Any place where retail can hire people without English speaking skills can be Game, like Massage, Therapeutic Techniques, Escort Services, Hair Styling, Nail Styling, Pedicure, Colonics, Pearl Cream, Skin Repair through Herbal Remedies...
People will spend on anything in the USA... this is Wealth Extraction ignored by the FTC, but is most profitable in TBTF Banks, and Extracting Wealth From the Federal Government Budget.
--------------------------------------------------------------
-- Streamline Laws & Rules, Simplify & Standardize -
--------------------------------------------------------------
Prohibition is not possible. Any Prohibition has been impossible according to historical record,
But Wealthy Powers can Lobby for Open Borders to depress current wages rates.
-
Tom, again you have more insight into Banking and Central Banks and Capital Reserves than I do.
Not really...I just stayed at a Holiday Inn last night.
Seriously I do not know that much about it. I may have a rudimentary understanding of what happened in 2008 and see a repeat.
I just keep my ears open, listen to some good analysis, and attempt to understand the chaos.
Its good that your satisfied to having access to your money being limited to only 60 euros/day.
youve had 2 friggin months to get yr money outta banks you f-ing morons!
Yes, but the media is not going to show you the people that already got out. (And there are plenty of them.) The objective here is to create a narrative or atmosphere of fear... sorry, but for the most part this is all NWO theater.
jeez
Sign at the BP station says 1.78 a liter for unleaded,.
Hell, I pay 1.61 a liter yesterday,.
I pay $2.50/gallon.
(now I await the torrent of inebriated profanity)
I still would rather live here and pay 8 bucks a gallon.
I'm glad you do too.
I guess it depends on your income bracket.
You pay less but also have a quality of life far inferiour to mine.,
Oh I doubt that.
I pay a lot for gas but guess what, I am debt free and have no credit cards. and HOME paid off.,
Once you sober up you may realize that some of us across the pond are paid up too.
Do you take home 4000 euros a month in pensions? and have zero debt? I do
And what happens when those Euros' value fall to their TRUE INTRINSIC VALUE, ZERO?
Looking forward to the European Central Bank Collapse as they all have NEGATIVE EQUITY and are INSOLVENT.
LMAO.
Yes the sky is calm and Sunny but you are not prepared for the oncoming Shit Storm.
Gonna sell me some Tulips?
Well, I don't have one foot in the grave like you.
Yes, I make more than your 4000 euros thru employment, and the weekend home has 3 more years, but could be paid tomorrow but I've been busy hoarding metal (lead included, you know, something we're allowed to do here). Cars, boats and motorcycles are paid.
I also don't live in the Eurpean Union. (soon to be disunion)
Enjoy your hashish while you can old timer.
"Greece, it appears is Venezuela - the new socialist paradise."
Yeah, Tyler, did you think it would look anything different?
As you have so well explained, Greece for better or for worse has been plunged into a revolutionary crisis, with a leadership and people that were hoping to avoid it right up to the last minute, and now it's going to be hard and ugly and they are going to have to do lots of things Milton Friedman wouldn't like to defend their country from the international banksters and ECB, the CIA, Mossad and MI-6, NATO, the EU and CNN. And maybe their own General Staff working with Golden Dawn.
So now are you going to make fun of them because it's hard, painful and chaotic? Because they have to make hard decisions with unwanted consequences? Did ANYONE say there would be a "socialist paradise" after Grexit?
You are one strange dude, Tyler. MPD I suspect. When the barricades go up you will be the first to alert us it's coming and explain why, but I have to wonder which side of them you'll be on.
There is a big difference between hope and preparedness. An imbelcile could see this happening for weeks.
Years and while the rest of Europe laughs they should be gathering firewood for next winter, after that they will have to burn their furniture.
SMDH
You underestimate The Matrix, that most of the population are submerged in. Most of them are not "awakened".
Hey bitchezzz
Gold 1185.20 up $11, silver $16.00 up 20 cents.
motherfucker troika go fuck yourselves motherfuckers.
everyone getting fucked in the butt Monday.
DJIA down 290 for starters:
http://www.investing.com/indices/us-30-futures-advanced-chart
Not a riot so much as preparing for the incoming storm.
Most of us here are prepped for this storm.
The people in the cities? I highly doubt that. the preppers are miniscule amount of people.
probable she mean ZH'rs
Identical time stamps!
I meant regular ZH readers. Some have physical preps, some financial, some both, almost all will be better prepped than Joe and Josephine 6 pack.
I think that the biggest prep is being mentally prepared, so that when it does hit, you won't freeze up and not know what to do. Knowledge is going to be every bit as important as physical goods as well. Start digging around to see how people from the stone age all the way up through modern times did various things. Just assume that we won't be able to rely on diesel powered equipment to move large things. Assume that we won't have steel mills producing high quality steel for things like knives. If you ran out of ammo, how would you make your own weapon with the materials in your area? (A bow is a good weapon. Learn about growing and retting flax to make linen bow strings.)
Don't forget about booby traps and camouflaged entryways by the doors and windows so when they come a looking, pull a lever and down they go.
Let's see how good an assault weapon is for climbing out of a smooth wall ten foot hole with a cover on top.
Houses have been designed like this in SoCal for the last few years. Its interesting how the Architects hide the secret rooms and tunnels in the plans. Lowly engineer over here.
When an engineer does his job superbly, you don't even know he exists. When an engineer does his job half assed, you want to punch him. But it turns out that sometimes the engineers did their part, and it is the management that needs to be punched.
nothing says keep calm like your top politician coming on TV and telling you to keep calm.
DJIA down 322, SPX minus 40:
Watch the collapse here.
http://www.investing.com/indices/us-30-futures-advanced-chart
Euro going down FAST. I like it because I get paid in US dollars AND Euros so I am profiting on the exchange rate.
http://www.xe.com/currencyconverter/convert.cgi?language=nl&Amount=1&Fro...
Oh DutchBoy2015! You are so wonderful! So wise! So.....gosh....like a Christmas present all wrapped up with special paper and ribbons!
And you never FUCKIN' grew up.
Go douche, your cunt stinks.
Why, thank you very much, I was prepping 25 years ago. Too bad YOU never grew up.
I just shit my pants
Depends on sale at Walmart . recyled
Cotton diapers and rubber bloats mate, they are reusable
Greeks, your reactions to this set of stimuli are being fed to Watson in order to prepare similar behavioral estimates for the big show. So look sharp.
I don't know about Watson, but this woman goes into detail about a military AI being used with the Jade Helm exercises that is apparently much larger than anyone wants to contemplate. A lot of it is over my head, but maybe someone out there can verify/explain it better.
"J.D." goes deep into the technological end; the weaponization of the Internet, the use of quantum computing and how what we're dealing with is a massive artificial intelligence program (AI) - most likely, an upgrade to one already being used - that makes the Snowden revelations seem like a nursery school rhyme, in their flatness.
We're talking about mapping mass consciousness and controlling it, on a global scale. This is not a joke. "J.D." explains it very well. Others, like Max Keiser will tell you that those who have access to this massive data-mining have been using it to front-run the stock and bond markets."
https://www.youtube.com/watch?v=oJsKM-zGqys
Yup, something like that. Weaponising system science has lacked the technology. Until now: We can make him/her/them/it? better than ____ was. Better...stronger...faster. Coincidently or not, another cinematic release of this same theme is due this week. Smart phones, black boxes in your car, the interesting thing is that they won't need FEMA camps. Of course, I'm just being paranoid, there's no way they're out to get ME.
You don't need some massive supercomputer stuff to control people's mind and behaviors in the land of the dumb because TeeVee/MSM/Hollywood/Advertising has been working just fine.
“The understandings of the greater part of men, are necessarily formed by their ordinary employments. The man whose whole life is spent in performing a few simple operations … has no occasion to exert his understanding… He generally becomes as stupid and ignorant as it is possible for a human creature to become.” - Adam SmithGo look at Kitco Charts!!
BOOM!
opa!
Na!
Lies! This is the new iPhone release is all.
Tsipras implored: "Keep Calm.... I removed all my money from Greek banks and placed them in off shore accounts months ago and stocked my cellar with the finest food and wine....I will be fine.
Someone please send for my limo."
The obvious solution for protecting their savings in local banks is not to put it in banks in the first place. Thank God BITGOLD has come to the rescue
Lets see,. my dairy farmer neighbour sells me raw milk for 50 cents a liter (legal here). My other neighbour has vegetable and fruit stand (cheap). The butcher shop in the village has loads of meat and chicken (fresh daily).
I won't starve if they pull the plug.
Starve globally .... shut up locally !
Don't be too sure. The highest bid will get the goods.
What are you going to barter?
Worthless Euros?
ZH reports that the ECB has NEGATIVE EQUITY.
From http://www.zerohedge.com/news/2015-06-28/why-ecb-suddenly-has-huge-headache-its-hands-one-chart
It would also mean that as that €126 billion or so of total ECB/Eurosystem claims on Greek banks were "charged off" in case of a terminal Greek "event" then the entire ECB capital buffer would also be wiped out, leaving the ECB with negative equity.
THAT MEANS THAT THE EUROPEAN CENTRAL BANK IS FUCKING INSOLVENT. YOUR CURRENCY IS DEAD. YOU ARE TOO DAMNED STUPID TO UNDERSTAND IT. YOU STILL VALUE THINGS USING A WORTHLESS AND VALUELESS CURRENCY...
THAT IS GOING TO CHANGE IN THE VERY NEAR FUTURE...about September is my prognostication. Martin Armstrong is right.
Negative equity in a Central Bank is irrelevant. A central bank is a sovereign entity that issues its own fiat. Negaive Equity only matters if the currency is dissolved. In this case, there will be no scraps to distribute to individual countries if the Euro is demonetized if/when the EU breaks up - but someone will still grab the ECB's gold.
The SYSTEM is INSOLVENT. The Member Banks are INSOLVENT.
Besides the ECB is not as free to print as you may think. They do have to pass referendums in order to do so.
Then there is that nasty POLITICAL FALLOUT suffered by the Ruling Parties in the Sovereign Nation Members...especially the ones that vote for a DEVALUATION of the Common Currency.
The ECB is NOT like the Federal Reserve in that regard..
What do you produce?
I produced a lot when I was working. 40 years , never on unemployment ,
...and now collecting welfare.
What did you actually PRODUCE?
Tulips?
The tsunami is coming. That's the fact no matter how much denied. Greeks realized that and now are acting rationally and reasonably, appropriately for the situation. Greece was insolvent, is insolvent and would be insolvent if this psychosis of denial continued. Like Greeks we all need to come back to reality of massive collapse of economy, culture and politics, a realization that will unite us in all the misery we suffered , suffer or will be suffering together as inevitable consequence of global theft and destruction of human productive capabilities by barbaric world banking elites.
When will we snap out of torpor and say no to banksters?
On the bright side, a few hedge funds are about to blow up! hehe!
Anyone ever see the film ''Catch 22''?
They asked the old Italian man during WW2. are you a communist or fascist>?
His answer ''Well, when the communists are here I am a comimunist, when the fascists are here I am a fascist.
Anyone ever see the film ''Catch 22''?
They asked the old Italian man during WW2. are you a communist or fascist>?
His answer ''Well, when the communists are here I am a comimunist, when the fascists are here I am a fascist.
hmmm...no really huge gold surge yet (+$10.80). of course this could just be the tip of the iceberg.
Read somewhere that banks are closed and daily ATM withdrawl limit to 60 euros per day per account.
Bank holiday for at least 6 days.
It's times like this you have to ask what kind of SKILLS you have that are worth trading.
Where does Greece gets its fuel from?
Likely OPEC and Canada.
Handjobs are going to go for a song on the street corners next to Greek ATMs.
Just a few hours ago Greek PM Tsipras addressed his nation imploring then to "remain calm" and reassuring them that their "deposits were safe."
Suckers!
I note the unhelpful comments from the Imperial Monetary Fund
No repeat Cyprus move here. Cannot save the banks using depositor account money.The vaults must be empty by now. .The new law in Canada also allows the bank to confiscate a percentage of your bank account should the bank face difficulty,Time for Greeks to go buy some gold coins and keep them away from the bank.
Yes you can. The depositor money, which is a loan to the bank, is turned into shares in the bank. :-) The debt the bank owes drops and you become a shareholder.
Billions... Trillions? of debt. Vanish. And the bankers get off the hook. Life is good? No?
Watch out. FED opening huge swap line to ECB, Japan, Swiss and others, selling paper gold and buying S&P futures. Scenario of 2008.
People wait to the last minute .... to withdraw their cash .... and convert it to Gold .... this is the beautiful and rare ether .... that deliciously .... whispers .... HELLENIC MANIC PANIC .... and .... ROMAN LEGION CONTAGION RISK !
I need some advice.I run a small sevice business onhte other side of the world to where all hte fun is kicking off.
I am trying to sort out any problems before they happen.
I assume that money is going to really tight over hte next few months ,if not years.All my debtors pay directly into my bank account with most paying at hte 30 mark with some dribbling out to 2 months , nothing older.
The staff are paid (20 of them) fortnightly $20,000 and I run with an overdraft of $30000.the rest of the expenses are fuel and lease expenses and profiit.
No cash is invloved all work is invoiced.
So here is hte Q , if hte O/D is with drawn(credit is tightened) , staff still need to paid.How do I continue to operate in circumstances where the credit has been tighted to such a degree that my OD is withdrwawn.
Sensible answers please.
Some would say to open a line of credit before you need it. if the employees trust you sometimes they will accept promissory notes
Push your payroll out one day later per month until you are three weeks behind. Do this with plenty of advance notice to your employees. People seem to be able to stretch it for one day per month. Doing it one day per month gives them more than half a year to make the transition. This should help with cash flow when the credit turns down. Change your own company's terms to be fewer days than they are. So if you give terms of Net 45 change them to Net 30. If they are Net 30 change them to be Net 21. Give your customers advance notice and phase it in over the same six month period. Be really aggressive in collecting any outstanding A&R. Take any profits you have and put them toward closing down the overdraft (credit line?) Otherwise, start hoarding any profit as cash outside of the banking systemj so that when the banker calls the note or decreases your credit line you'll be albe to suddenly show up and pay it down to the required limit.
Something else that might be of value which you should probably read BEFORE the inevitable hyperinflation gets here.
<a href="http://www.amazon.com/Survival-Strategies-Hyperinflation-Manufacturing-H...">Business Survival Strategies in a Hyperinflation Environment</a> There used to be another short pamplet on running a business in an Hyperinflationary environment available from Amazon but it seems to have disappeared since 2008.
Run it as a cash business and your employees can quit or wait 2 weeks (or whatever the timeline is) to be paid. Most will work until they are paid because there won't be any other work out there. Also, pay them when you get the funds available, don't jerk them around. Show them the receipts and gain their trust. Just my .02$
Increase the O/D and hope for the best and stay out of debt as much as possible. Cut back on all your expenses as much as you can - tighten the belt. Be honest and upfront with all employees all the time. They are facing the same as you are, so keep that in mind. Be reconciled to Jesus Christ first and foremost; for through Him all things are possible..really!
----------------------------
If you can hedge your currency using or converting some of your "profits" and savings into a more stable currency; that would help offset inflationary pressures. Precious metals can do the same function...sovereign coins and bars only...no generic. Get a good financial adviser (non-conventional) that can address your specific needs - my disclaimer.LOL
Greece gave us Western civilization. It was a good idea, and we had a good run. But it has run it's course.
Now Greece can show us all the way home, a home we left for an open road of adventure, exploration and profit. Show us a way back to honest dealings, transparency, and community. A way out of this fetid, obscene Capitalism and back to a world made through honest work, where men labored hard but as brothers, on things that matter, real things that fed and clothed and housed. Back to when money meant open exchange in a free market not this bastardized market in fictional money-like things of no intrinsic value.
They started this, 3,000 years ago they started it. It was kinda nice, I liked what they came up with. Killed some kings anyway. I could have done without modern warfare but let by-gones be by-gones. I'm willing to let them end it now and show us another way.
Those Greeks, they have a pretty good track record, right? I say give them a little push and see what they come up with for the next 3,000 years.
The current Greeks .... are mostly Turkish DNA .... they aren't the fabled Greeks in the history books .... they are the remnants of hundreds of years of Muslim invasion !
Sorry but your analyses lacks any depth; the Turks came rather late. The current Hellenic population is Greek with an admixture of Latin, Gaul, Slav, Frank, Norman, English, German, Swede (Varangian Guard), Venetian, Genovese etc.
Through the Orthodox church, literature, language and Race they have maintained a distinct type, kept the barbarian out of Europe for 1,000 years after the fall of Rome and transmitted the first rational thoughts of European man to us. The Greek gave us intellectual freedom; the Jew gave us religious intolerance
It isn't capitalism that's destroyed Greece; it's rampant socialism paid for with debt.
It's now time to pay the piper.
I like the idea of robots and machines being in charge with us as their pets, like black labs. Won't be any banksters or politicians or oligarchs in that future and we'll have devolved to harmlessness.
Morons, too many morons...at the ATMs
I wonder what % of those in line are picking up thier dole for the last time?
I wonder y the have a picture of best buy just before black firday as one of the pictures. Little strange
I wonder y the have a picture of best buy just before black firday as one of the pictures. Little strange
I wonder y the have a picture of best buy just before black firday as one of the pictures. Little strange
Maybe those people had deposits into thier bank accounts that they had no control over. I can't believe people would be that F'n stupid.
Probably. Pension and salary payments only go directly to bank accounts. Working capital of businesses must be held inside the payment system. Time deposits that cannot be withdrawn. Lazy fuckers who were collecting high interest. Large deposits that can only be whittled down slowly as ATM and cash withdrawals are limited in size. People who want to open accounts in foreign countries, but are stopped by the operational hurdles to doing so. etc... It is only the fuckers collecting high interest that I have no respect for - whenever a bank pays high interest, there is a reason why.
If a Politician said that he WILL CANCELL THE DEBT and then he doesn't.
If the same Politician promises to do all sorts of things and then he doesn't.
If this PoLItician is Mr. Tsipras and you were a Greek.
WHAT WOULD YOU DO????
Wouldn't you be two planks THICK? if you still believed him??
Media: "Hey we invented this awesome new money Called the Euro! It'll unify Europe. It's fantastic! You guys'll love it!"
Alert Citizen: "Yeah? But who owns the Euro?"
Media: ** crickets **
So somebody who is much more knowledgable about banking explain to me why can't the Greek banks just roll their chair over to their banking computer terminal and punch in a few more billion Euros into the balance sheet. American banks are currently mark to fantasy. Most of the money is just 1's and 0's in the computer with only a small percentage being cash. Let them withdraw all of their money then just punch more money into the system through the keyboard. It is all fake anyway.
It may be fiat, but it is still a legal claim on real stuff, and the ECB controlls its issuance.
I had no idea the CIA had agent-provocateurs in Greece. But hey that's what we pay Langley to do.
If Brennen's boys can't topple Tsipras by midnight Tuesday, but get close, watch how fast the EU extends the drop-dead date.
ps. I didn't see much storming or any sieges in those snapshots, Tyler. When are you going to put up the "good" ones?
Vladdy-Poot comes riding into the scene on a white horse and saves Greece from catastrophe.....
Well, actually, it won't happen that way. But mostly in the background Putin's working to leverage the situation to Russia's advantage, and reassuring Greek leaders that Russia won't let them down if Greece crashes out of the Euro.
It is becoming a Russian geopolitical and economic/financial invasion of Europe, starting with Greece. Putin is sending the unmistakable signal to Europe that, unless they back off the economic war against Russia, they will suffer excruciating pain and destruction whenever and however Russia sees fit to make them suffer such.
Putin can work Spain and Portugal next....
Rest assured that, for his unmitigated GALL in confronting Europe and standing up against the warmongers, he and Russia will be demonized and accused of yet another invasion as an expansionist, dangerous power that must be thwarted!!!!
Nevertheless, Russia and China will continue to advance their influence while that of the U.S. and Europe suffer contraction. This is what happens when you stupidly start a war and try to match your checkers-game against Russia's chess-game.
Take note my fellow Americanz....we are next! Get out of the fucking system...NOW!
Why get out? The USD will be the last fiat standing & we will feel the hurt the most. To get out of the "system" is to quit living in reality since most people have no way to be self-sufficient. Want to really live; even if you die? Surrender your life to Jesus Christ and no one can hurt you successfully. Don't and no matter how much prep you have; one has neglected the more important matter of life. https://www.youtube.com/watch?v=NMlv21zGARM
Obama called Merkel today to tell HER how important it is that Greece remain in the EU. LOL - what a fucking idiot. Merkel probably wanted to bitch slap him.
And I think she has the balls to do it too.
We need war on banksters and their money. Let them eat it.
There is a world without bankster's money we just need to open our eyes.
Know your enemy, know what their money is for:
https://contrarianopinion.wordpress.com/2015/04/14/plutus-and-the-myth-o...
"Ready your breakfast and eat hardy for tonight we dine in Hell!" "This is where we hold them, this is where THEY die" That would be nice.
https://www.youtube.com/watch?v=XOLpIkoS0QY
https://www.youtube.com/watch?v=zvILGIIVsMU
Enjoy your socialism Greeks, you voted for it now assume it !
Democracy is also about assuming the consequences of your vote.
This situation was totally expected, "keep calm" he said while your are getting Chyprused...
Any Greeks who have still money on a Greek bank fucking deserve it.
"Democracy is also about assuming the consequences of your vote."
remember that when you vote in hitlery or one of the bush wankers.
self-righteous exeptional muricans. lmao
I'm not American and don't vote...
Another question ?
Yeah, got downvoted 3 times: Truth hurt Socialist retards ?
Assume it loser !
I will take any downvotes as a positive confirmation here, thanks.
the sheer volume of morons that still had ANY extra cash in the banks is astounding. last week billions were withdrawn and these morons didn't think "hey.. maybe just maybe i should get my cash out"
Don't disagree, but at some point, there will be bagholders by definition, because at some point the line had to be drawn and capital controls imposed or banks start failing, leading to cascading cross-defaults.
wow
You should be banned for resorting to insults not unlike a child of puberty age. And to make it even worse, you really say nothing at all but are making great effort to label the Greek people as morons. Don't you have anything better to do or does it really matter this much to you, Lloyd?
What the fuck is this guy talking about. He is broke and so is the ECB. Greece asking the ECB for money is distinction without a difference.
You act as if the currency is backed by gold. Turn on the printer. Print the cash, dilute the value of the currency and bring in the Global Currency (IMF SDR). Designed to end exactly as it is.
http://www.convert-me.com/en/convert/currency/XDR.html
Get more bang for your buck with a generous exchange rate provided to you by the foxes guarding the hen house.
And then what? They did that a few years ago and here we are today.
Fuck Bunny/Devo: it is all a game, lend and demand full payment while having little on the line in terms of investment... having created bonuses and career advancement and loans out of nothing at all.
And if the Loanees become deadbeats, you can just trash their credit rating and demand immediate payments. Nice. Win-Win is what we call it. Mafia.
It ain't like a Reality show which would actually have consequences for the Loan Officers & Private Executives.
I mean Sheeesh.
Of course it's a game. But it has to end, like all games. Eventually Greece and other broke Countries are going to have to pay in some way (e.g. land will be taken by Countries that own the bombs, their citizens "put ot work", etc).
What fucking Nation ISN'T Broke!
That has been THE PLAN all along!
All the debt heaped on the USA taxpayer since Starwars/Reagan (if that was ever real?) has been ODIOUS!
Love how you bitchez gripe about The Greeks. What a God Damned carnival life in the final moments has become...
World domination? As someone said on here, this could all end in 24 hours by dragging a few hundred men out into the streets by the collar of their shirt. They are bold when the crowds are small. When gas is unaffordable and we are all trapped into place, they will no longer have to hide. Surely, there is a pocket of high-level, funded opposition which is planning to drop a cyanide pill into each of their 400.00 bottles of chardonnay at any moment. If not, then the preference would be to shut the whole operation down and leave the planet to the succumb to Fukishima. They are capable of anything, even bombing Tetonic plates in strategic locations to finish us off ... oh wait.