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The Greferendum Shocker: Tsipras "Intended To Lose" And Is Now "Trapped By His Success"
Call it game theory gone horribly chaos theory.
It all started with a report by the Telegraph's Ambrose Evans-Pritchard, whose release of on the record comments by Yanis Varoufakis (which we noted was rather surprising) that Greece was contemplating a parallel currency and potentially nationalizing Greek banks over the weekend, was supposedly the catalyst that got the Greek finmin fired. As a reminder, this is what Varoufakis told AEP on Sunday night: "If necessary... issue parallel liquidity and California-style IOU's, in an electronic form. We should have done it a week ago." And this is what the WSJ said on Monday morning:
... the premier decided to act after Mr. Varoufakis told a U.K. newspaper late Sunday that Greece might introduce a parallel currency and electronic IOUs similar to those issued previously in California. Mr. Varoufakis quickly backtracked on his comments to the Daily Telegraph, but his prime minister had had enough, the people familiar with the matter say.
That was the first indication that the wheels had officially come off the Greek wagon.
Moments ago, we got confirmation of just that, when in another surprising twist it was again the Telegraph's Evans-Pritchard who reported that the Greek prime minister who decisively and unexpectedly pushed for a referendum on the last weekend of June, "never expected to win Sunday's referendum on EMU bail-out terms, let alone to preside over a blazing national revolt against foreign control."
He got just that, and in a landslide vote at that even though "he called the snap vote with the expectation - and intention - of losing it."
Also according to the Telegraph, "the plan was to put up a good fight, accept honourable defeat, and hand over the keys of the Maximos Mansion, leaving it to others to implement the June 25th "ultimatum" and suffer the opprobrium."
He had good reason: according to another Varoufakis quote provided by AEP, "[the Troika] just didn't want us to sign. They had already decided to push us out." In other words, as we speculated in mid-June, the only question was who gets stuck with the blame, and when Tsipras called the referendum, he made it quite easy for Europe; it was even easier when Greece collectively voted "Oxi" to a referendum spun in Europe as one whether or not to remain in the Eurozone.
There is more: with Tsipras having already checked out it was a case of "after me, the flood"
This ultimatum came as shock to the Greek cabinet. They thought they were on the cusp of a deal, bad though it was. Mr Tsipras had already made the decision to acquiesce to austerity demands, recognizing that Syriza had failed to bring about a debtors' cartel of southern EMU states and had seriously misjudged the mood across the eurozone.
But it is what happened next that took everyone by surprise: "Syriza called the referendum. To their consternation, they won, igniting the great Greek revolt of 2015, the moment when the people finally issued a primal scream, daubed their war paint, and formed the hoplite phalanx."
Suddenly the stakes are even higher for Tsipras, who is "now trapped by his success." According to Costas Lapavitsas, a Syriza MP, "the referendum has its own dynamic. People will revolt if he comes back from Brussels with a shoddy compromise."
Ironically, that is precisely why the market soared today after it tumbled early in the morning, because it appeared that the Greek finmin was doing just: accepting a shoddy compromise. Of course, it wouldn't be the first time: the Greeks had come home with "compromise" deals on many previous occasions only to have Syriza tear them apart. And this time the stakes are higher not only for Tsipras but the entire party, which realizes it faces a mutiny by the people, mostly the young ones, those with little to lose, if some 60% of them voted against a deal "at any cost" just to see the government fall back to just such an outcome.
The Syriza MP Lapavitsas is correct when he says that "Tsipras doesn't want to take the path of Grexit, but I think he realizes that this is now what lies straight ahead of him."
In some ways Tsipras tried to backtrack: "The prime minister was reportedly told that the time had come to choose, either he should seize on the momentum of the 61pc landslide vote, and take the fight to the Eurogroup, or yield to the creditor demands - and give up the volatile Mr Varoufakis in the process as a token of good faith."
What would happen if Tsipras did decide to stick it to Europe, launch a parallel currency, sack the legacy central banker and nationalize the insolvent banks? We already laid out the key points previously but here it is again:
They would "requisition" the Bank of Greece and sack the governor under emergency national laws. The estimated €17bn of reserves still stashed away in various branches of the central bank would be seized.
They would issue parallel liquidity and California-style IOUs denominated in euros to keep the banking system afloat, backed by an appeal to the European Court of Justice to throw the other side off balance, all the while asserting Greece's full legal rights as a member of the eurozone. If the creditors forced Grexit, they - not Greece - would be acting illegally, with implications for tort contracts in London, New York, and even Frankfurt.
They would impose a haircut on €27bn of Greek bonds held by the ECB, and deemed 'odious debt' by some since the original purchases were undertaken by the ECB to save French and German banks, forestalling a market debt restructuring that would otherwise have have happened.
None of that happened, instead Greece is now in full chaos mode.
Events are now spinning out of control. The banks remain shut. The ECB has maintained its liquidity freeze, and through its inaction is asphyxiating the banking system.
Factories are shutting down across the country as stocks of raw materials run out and containers full of vitally-needed imports clog up Greek ports. Companies cannot pay their suppliers because external transfers are blocked. Private scrip currencies are starting to appear as firms retreat to semi-barter outside the banking system.
However, it is not just Greece which is sliding into total chaos - so is Europe itself, where the splits are becoming so obvious none other than the head of the German Institute for Economic Research said "What Is Happening Now Is A Defeat For Germany."
The entire leadership of the eurozone warned before the referendum that a 'No' vote would lead to ejection from the euro, never supposing that they might have to face exactly this. Jean-Claude Juncker, the European Commission's chief, had the wit to make light of his retreat. “We have to put our little egos, in my case a very large ego, away, and deal with situation we face,” he said.
France's prime minister Manuel Valls said Grexit and the rupture of monetary union must be prevented as the highest strategic imperative. "We cannot let Greece leave the eurozone. Nobody can say today what the political consequences would be, what would be the reaction of the Greek people," he said.
French leaders are working in concert with the White House. Washington is bringing its immense diplomatic power to bear, calling openly on the EU to put "Greece on a path toward debt sustainability" and sort out the festering problem once and for all.
The Franco-American push is backed by Italy's Matteo Renzi, who said the eurozone has to go back to the drawing board and rethink its whole austerity doctrine after the democratic revolt in Greece. He too now backs debt relief for Greece.
However, as if oblivious to these terminal developments within her own union, Merkel is already pushing onward and discussing plans for humanitarian aide and balance of payments support for the drachma: if there was any clearer indication that the Eurozone has been an abject failure, it would be the treatment of one of its member states as a 3rd world African banana republic even before it formally withdrew from its quasi-prison.
Some within Syriza realize that it is all coming to an end, no matter if the can is kicked one more time (which it increasingly looks like it may be despite the referendum's landslide vote):
Mr Lapavitsas said Europe's own survival as civilisational force in the world is what is really at stake. "Europe has not show much wisdom over the last century. It launched two world wars and had to be saved by the Americans," he said
"Now with the creation of monetary union it has acted with such foolishness, and created such a disaster, that it is putting the very union in doubt, and this time there will be no saviour. It is the last throw of the dice for Europe," he said.
... and yet, in the very end, the Greek prime minister who bluffed and unexpectedly won, now appears willing to concede just about everything to Merkel. Because even if the Telegraph's entire article is based purely on speculation, it doesn't explain the easy with which Tsipras seems to have folded not only on implementing reform as part of the harsher deal proposed by Merkel, but his admission that further debt relief now appears unlikely:
- TSIPRAS PLEDGES GREEK REFORMS AS PART OF ANY AID DEAL
- TSIPRAS SAYS GREECE SUBMITTED PROPOSALS TODAY
- TSIPRAS SAID MORE RESTRAINED IN REQUESTING DEBT RELIEF
And from the president of the European Council:
.@atsipras committed to present a new request for a programme within the framework set by the ESM Treaty, incl. strict policy conditionality
— Donald Tusk (@eucopresident) July 7, 2015
Because in the end money talks, in this case €120 billion in hijacked unsecured liabilities known "deposits" and politicians walk. As for those millions of Greeks who gave Europe the symbolic middle finger on Sunday, their reaction when they just find out they were sold down the river once again will be all that matters.
Yet in the end, Varoufakis' line may again be the most important one: "they had already decided to push us out." If true, then as Juncker threatened earlier not only will the last day for the Greek government be Monday, but so will the last day for Greece in the Eurozone.
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Varoufakis, the game theory guy, not Tsipras, threatened to resign on a YES vote. Now that HE got want HE wanted, a NO vote, because it was actually best for his country, he resigns to make further negotiations easier because the duped EU central bankers hate his guts, because he pissed off Tsipras who possibly wanted and expected a YES vote, and to bail before Tsipras and Syriza cave in... or don't. Either way, the real pain begins but ends more quickly if they totally default, or they can go the slow, long-term torture way if Greece remains a debt slave under an onerous debt for decades.
this appears to be high level psychopathic
propaganda, very high level. Ambrose Evans-Pritchard,
congratulations. are you a psychopath?
hmmm.
http://jessescrossroadscafe.blogspot.com/2015/07/predators-among-us-seve...
.
02 JULY 2015
Without Restraint or Remorse: The Severely Emotionally Detached
"
This is why nice, neat theories of perfectly rational economic behavior fall apart quickly in reality.
This is why regulation is necessary. Because there is a tendency in some people to break the rules, and to bend them over time to serve their disordered minds and appetites.
This is why there must be checks and balances on power. Especially when that power appeals to noble symbols as a cover for their excessive misdeeds and complex secrecy.
We have seen entire sections of corporate organizations bent to the will of persuasive psychopathy. And even when they fail, they will rise up to find a new place to obtain what they need, without shame or remorse, or even a genuine understanding of why they have failed, although they may get better at the execution of their schemes. They will blame everyone else for being unworthy of them.
And sometimes an entire culture can take on the character of the psychopath, especially under periods of intense or protracted stress, when they surrender their wills to the powerful wills of a few. And they will project their increasing deformity on to others, even as they descend steadily into the abyss.
They maintain an emotional detachment, a kind of moral high ground in their own minds, by rationalizing the consequences of their increasingly monstrous behavior and excess by pointing out the failings of others. 'I did not make them believe my lies. They believed because they are inferior. They did not stop me, so they deserved it. '
If they ever speak frankly about their view of things amongst their confidants, the normal person would be stunned by their distorted world view, often writing off large segments of the population as unworthy and disposable, for the most part because they impede their desires, although they will often ascribe it to some irreparable defect in these others, making them unworthy of life.
The high performing psychopath gravitates towards positions of power, saying or doing whatever it takes to get the ability to satisfy their own desires which are insatiable, because they are caught in the hell of being unable to love and feel genuine love in return. They are a black hole of desires and needs.
And psychopaths breed sociopaths, imitators who are able to extinguish their own empathy and remorse through ideology and excess including violence, sex, and drugs.
What would you do to protect your children from people like this? Throughout history people have banded together in order to establish and maintain the rule of law.
This is why romantic notions about markets without law and transparent regulation are so harmful. They turn the power of the markets over to the least scrupulous and self-controlled in a society. This is why any social system without checks and balances, without transparency and restraints, will eventually deteriorate into a dysfunctional system of self-interest and looting.
People are not perfectly rational angels. It is hard to believe that one must say that to an adult audience, but ideology and conditioning can make people blind."
jca
Yes we must have regulators because they never stoop to sociopathy. The most caring regulators include Tim Geitner and Eric Holder.
Whenever regulators are found to be sociopaths, it is a simple matter for the voters to chose new ones.
When sociopaths stalk the free market, it is impossible for people to escape because the market does not allow free choice because people are brain washed by advertising .
Think first , do you trust the Telegraph's Ambrose Evans-Pritchard is telling the truth or is he a highly paid shill
this article smells and looks like real bad bullshit .
dude your avatar is badass
the b.s. meter has been pegged on max for a long time over this issue. everyone has an agenda, nobody wants to face the truth.
Evans- Pritchard is a shill. He's well known for his over the top antics.
He gets some things right, but for the most part he's full of smelly puss.
Didn't read the Telegraph story ('cause I'm lazy that way), but I don't see anything is this summary indicating where A E-P is supposedly getting his info from. Stinky stinky wet and pinky!
EDIT: Fuck, I can't type either.
The Daily Telegraph is selling more copy lately than they have in ages thanks to Naked Capitalism's Yves Smith.
I heartily recommend the Daily Crossword - it's a wake up call for anyone who's forgotten the subtlety/complexity/fun of the English language:
27 Across: He doesn't go about things in the right way (4-6). Answer: left-handed
They made him an offer he couldn't refuse, ala Perkins.
If somebody wants to fix this shit bad enough, they are going to have to be willing to die.
why try? is there even one person in greece or germany or the usa who merits good leadership?
This piece is a set-up for a compromise deal ... since everyone will now get what they want and will be able to save face.
AEP is a good tool of the establishment.
JEEESUS! can't the Greeks get anything right? 1) Grow a pair! 2) Switch currencies to the Drachma, ( you know you have to!) and 3) If necessary Pivot! Make the rest up as you go along. Do some real work. Stop pretending to be a leader, otherwise f...k the hell off!!!!!!!!!
If there is one thing for sure, you would think someone would know what it is?
WTF? Can someone explain in simple terms WTF this article said?
The Telegraph has, since its inception, operated under a right-wing political ideal , so this article was written by a well paid right wing shill trying to discredit a left wing political leader with made up facts(bullshit0
nazi cia shit in full regalia and bloom
responding to extreme psychological stress.
funny f..ers. i hope they don't shit themselves
JR didn't actually die.
Tripras will be hired to attend Obama's summer home stay. He will be branded as Michelle's soccer cleat masseuse. On call 24/7.
Just from a british newspaper: Saddam Hussein has weapons of mass distruction, certified! The british reporters are the biggest lyers hystory has ever recorded. Now they are telling us Tsipras wanted to lose the referendum, come on, give me a breake! They did not fire Varoufakis, he stepped aside temporarely, just to prove that he was not the problem. The new negociator will be even tougher, although more polite. Greece will stand up. Varoufakis is working on the new out of Euro Greece. Exiting the Euro has always been in their plans, but Greece want Brussel to take the euro from them, so they can go back to their people and say: you see they do not want us in!
Unfortunately that was TRUE.
It can be ascertained by the way HE DID NOT CAMPAIGN.
As were the other top ministers with Investments in Black Rock and the way they hired Lazards, top ministers Stathakis, Dragasakis and Tsakalotos, too many to mention them all..
The Greeks have their central planner. The Germans have their central planner. The EU has its central planners. Is central planning additive or subtractive? Bring in the clowns. Oh wait, take out the clowns.
oh no, we're left with no-one, zero (maybe a few suicidal pythagorians)
... and the story will be written that for a brief period of time when the leaders had truly lost their way, they looked for insight and guidance in a place where no one expected, a once shabby website that shone like the light through the darkness ... populated by those who would not be corrupted.
... but the leaders' pride and fear made them ignore the clear sight of the unaffected and instead sent the world into darkness.
"Merkel is already pushing onward and discussing plans for humanitarian aide and balance of payments support for the drachma: if there was any clearer indication that the Eurozone has been an abject failure, it would be the treatment of one of its member states as a 3rd world African banana republic even before it formally withdrew from its quasi-prison."
How can you point out all the ways the Greek government steered into this blind without preparing and then blast Merkel for preparing? Someone has to do it and it obviously won't be the Greeks.
Hellenic response to Merkel's "humanitarian aid": no thanks, maybe next time and by all means do visit our country as a private citizen in your (imminent) retirement
The Onion.
Keep fighting my Greek brothers and sisters. The debt peddlers will enslave us all if they can.
So yet another flood of articles about the story that takes and keeps on taking, with a bit of "rich assholes act like assholes and get richer" and "someone saw a balloon that looked slightly Slavic so the US Air Force scrambled interceptors", and yet not a mumbling word about this?
http://www.wired.com/2015/07/hacking-team-breach-shows-global-spying-fir...
Paul Craig Roberts seems to think it's a done deal.......makes me sick
If reports are correct, Victoria Nuland has already paid a visit to the Greek prime minister and explained to him that he is neither to leave the EU or cozy up to the Russians or there will be consequences, polite language for overthrow or assassination. Indeed, the Greek prime minister probably knows this without need of a visit.
I conclude that the “Greek debt crisis” is now contained. The IMF has already adopted the Greek government’s position with the release of the IMF report that it was a mistake from the beginning to impose austerity on Greece. Pressured by this report and by Washington, the EU Commission and European Central Bank will now work with the Greek government to come up with a plan acceptable to Greece.
This means that Italy, Spain, and Portugal can also expect more lenient treatment.
The losers are the looters who intended to use austerity measures to force these countries to transfer national assets into private hands. I am not implying that they are completely deterred, only that the extent of the plunder has been reduced.
As I have previously written, the Greek “debt crisis” was an orchestration from the beginning. The European Central Bank is printing 60 billion euros per month, and at any time during the “crisis” the ECB could have guaranteed the solvency of any remaining creditor banks by purchasing their holdings of Greek debt, just as the Federal Reserve purchased the troubled mortgage backed “securities” held by the “banks too big to fail.” This easy solution was not taken.
The orchestration was a benefit to Western financial interests in general by enabling enormous speculations on the euro and gambling with derivative bets on sovereign debt and everything connected to it. Each successive “crisis,” such as Sunday’s No vote, became cover for an attack on oil or other commodities. The rigging and manipulation of markets can be hidden by pointing fingers at the latest “crisis.”
all things considered this is not such a bad outcome
Finally a comment that goes beyond the first degree!
Given that the Brits hate Russia and Putin and that the BRICs bank is meeting today with the possibility that Tsipras could turn in that direction, that alone would seem to fit with E-P's smearing Tsipras. Who really knows anything? The stakes are big and we peons are always being played.
NATO took out Yugoslavia for a lot less then what Greece just did. I would be worried if I lived in Greece.
Woops... double post.
So Germany is losing WWIII already?
It was the Pink Floyd t-shirt that Varoufakis wore to the last Troika meeting that done for him. Madhi Drughi said, had it been a Led Zep t-shirt they woulda taken him more seriously.
Too Honest to be a Politician was Yanis and he's better away from these tossers.
Shit if the troika gave me a choice of concessions if i got rid of the wife, well . . . .
It's a No Brainer.
First time in history that Zerohedge comes with such a rediculous article! but i understand that we are writing history at the moment... the noise is so great! propaganda is all over!
And things are in more than 1 or 2 ways going to geet actually shit!
But... fear not... for if the Americans don't save the day we will simply split again and the New Europe will not have Germany and Brussels inside! i can say this quite confidently from the view of any debtor country and including france and england
But the US always fixed this kind of things with a simple call to the greek military....
Democracy? What is this sorcery?
/s
I missed the part where it describes the amount of time behind bars...
If you have learned one thing today, it should be never believe anything a brit says. Over the aeons the masonic order has killed off their best in wars, awarded menial jobs to the honest, and promoted the twisted parasite to in their deformed little island criminal hideout. Malice, hate, lying and stealing is now ingrained in their DNA. God save the queen.
As in most places, the majority are decent people.
Trouble is, the criminals always get in power.
I'm guessing you are Irish, given your name.
Just look at what the pols and banksters have done to Ireland.
People are similar the world over. Decent people being fucked over by greedy psychopaths.
Same everywhere.
Not your down, by the way, just trying to be helpful.
Sprintime for Hitler or rather Merkel
Remember Syrzia and Greeks they represent are supposed to be irrational/hot-headed/irresponsible? So nobody expects anything from them. Its the cooler heads of Northern Europe which is under the axe. They never expected OXI. Chucking out Greece will earn them world approbrium. Will also make other S.Euoropean countries realize that staying in EZ means very high youth unemployement (and always being on brink of civil war) and crushing debt out of which they will never emerge. And if any rumble in Spain then Euro is finished. And if Germany/Norway etc revert back to their own currency, they will plunge headlong into depression.
NORWAY is NOT in the EU or Euro or any ties to the Eurofascists.
Norway has the Crona and are very well off THANK YOU VERY MUCH .
Now stand in the back corner of the class, for mis-information.
The top half of your comment was alright of course.
Why is Ambrose Evans Pritchard pushing this story ?
All the media have an agenda even if it is not their own.
So, GREXIT already.
What clueless article. Do some fucking research, please.
This clown is no hero and neither are the greek people.
He basically sold the referendum as a bargaining chip to try and extract a bigger bailout. The "no" wasn't some statement about wanting to have a sound currency or getting out of the EU, they actually think the EU is going to make a bigger offer. 80% still want to be in the EU. They're fine being slaves, they just want some more government cheese.
I like seeing the EU in a death spiral and hope to see it dissolve but the Greek people are once again showing the world the problem with socialism. You eventually run out of other people's money.
Re. Your 80%. Who believes a poll? Where are you getting this from? Nothing is easier to make up than a poll.
Maybe the polls are lying and the Greeks, having had plenty of time to look into it, during this long drawn out drama, know what's up?
I wouldn't be surprised by this at all.... It's been almost 48hrs now since the vote, where's that sweetheart deal Greece was going to get for voting no? This jack hole showed up at the meeting today with his dick in his hand nothing else. Nut up or shut up.
Disingenuous fascist fuck.
Tsipras is negotiating and escape route, but who will he be able to really trust. Talk about being between a rock and a hard-place...the best thing he can do is commit real suicide and leave a note in several locations (with Snowden, Putin, Merkel, ZH, you, me etc) that he was threatened by the Pentagon, London and Tel-Aviv if he did not sell out he would be exterminated.
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How long do you think before Athens goes up in real flames?
Looks like bonfires are on deck in many parts of the world. Maybe the Greeks know what they are doing?
<<Disingenuous fascist fuck.>>
Yes, if you're referring to Ambrose Evans-Pritchard, who began this stupid rumour.
The Greeks of today are the US grand children of tomorrow. The money was borrowed and spent but there is no fucking way to pay it back. The Eurozone is looking for Greece to take the easy payment plan similar to a 50 year home mortgage or a 10 year car loan.
You only need to be able to pay the interest on the debt and we have a printing press and when it all goes digital, the shadow government gets even darker. Only a hard asset-based world reserve currency can being things into check, but my Bible & my Lord tells me this is NOT the directions things will go. that ancient book people like to dismiss as fantasy becomes more and more reality all the time and for some of us; has always been.
A fucking MEN
There is a bit of wisdom in there, but ask yourself a question.
Which bible are you referring to - I'll take a guess at King James.
There's a big clue in the name as to who benefitted from that particular 'translation' the most.
There are at least 16 books missing from the earliest known versions.
A book that was written 1600-1700 years ago by people with vested interests based on 300-400 year old heresay is hardly a good guide to modern living, even if the odd scrap makes sense in the present day.
Guess again? I would ask which KJV since there were several that was based off of Luther's and Webster's work. It is a good translation, but 4th or 5th at best, but the gospel is very clear and the person and work of Jesus is very clear, which translates to eternal salvation and no condemnation status. Most KJV folks could not actually read a true version of it.
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Now my turn to guess? You have never surrender your life to Jesus Christ and as far as you know; you do not plan to. Hope I am completely wrong.
https://www.youtube.com/watch?v=NMlv21zGARM (Salvation in 2minutes)
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BTW - you could not have neither logic or reason apart from the being that is perfectly logical and rational that created all creatures, that would include you...think that through if you are able. Use logic and reason. Then use logic and reason to the natural conclusion of macro-evolution...
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I'll help you, it ends with a few people who believe they are superior (thus man's history of practicing genocide and eugenics - logical based on the presumptions) and must for the good of mankind and for their goddess "Mother Nature" purge the populace. Of course they measure intellect by accolades and pocket-book, which is illogical and irrational given they have nothing to do with when they would be born, where they would be born and many other things that the Creator decided before you were conceived.
The EU has no process for a country to exit the EU because it never intended to allow for such a thing to happen and it will NOT happen now. If for no other reason, Greece is militarily located in a very strategic location that the Russians and Chinese would like to spend some time and money. The EU is the proverbial "Hotel Calipornia" (misspelling intended). You joined and now you can say you will leave, but you will not leave except by a murderous death and be raped all the way around".
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How about those markets today; down 1.25% and end the day up .25%? Can't wait till tomorrow comes and better yet on Friday when Yellen eats crow and can't raise rates till 2016, then next week the market reaches new highs. What a time to be alive; THANK the Lord for food, clothing, hot water, electricity and so much more.
It now seems like Greece is like the scared kid standing on the edge of the high dive. He's been bragging about jumping and now the crowd is saying "jump already" and there is somebody behind him getting ready to push.
But it doesn't have to be death to jump. The Russians are at the edges of the pool ready to haul the kid out of the water when he comes down. Greece is better off jumping than standing still.
To even start discussion we have to state the fact that this whole EU/EURO thing is run by Armani suit gangsters leading by Merkel Liverwurst Queen and Schauble Capo di tutti Capi who in concert with local Greek thugs have been looting Greece national treasures for decades and this is just current chapter of the playbook of exploitation.
It is disturbing that only few seem to truly want to write epilogue to the disgusting book of human suffering or propose viable alternative.
There were forces in Greece that challenged such corrupted state of affairs but were brutally suppressed by invasion of British Marines in support for pro-Hitler fascist regime embedded in, fused with recalcitrant oligarchic-theocratic Greek state in early 1940-ties. From there it only got worse.
Below there is a quote from my comment from few days ago which attempts to explain apparent puzzling moves by Syriza including motivation for whole this unintelligible referendum.
The Syriza violated their own manifesto many times during last several months perhaps living many with impression that it is nothing but a fake political entity negotiating cash deal for their own leaders while collapsing their own country what many political parties in Greece did before.
And that how Merkel sees it, angry that they refuse payoff so far and hence she pushes unreasonable political demands and instigate aggressive interference into Greek democratic process and internal affairs using methods liken to economic terrorism, blatantly illegal under EU treaty. Even US is calling for sanity in this German aggression it not because of goodness of the heart but only because they fear that Greeks could eventually switch sides and move into alliances with her eastern countries braking up aggressive Calderon around Russia.
There is no more dancing around the facts or adopting ostrich politics.
If you are true Greek patriot and not a fake Mr. Tsipras, manup. Stand up for Greek People and Fight EU mafia bankers or let new Hellenistic movement of new patriots with vision and guts to make real change and to take over. Transcend the EURO propaganda of infallibility that enslaved much your nation and lead them to freedom.
As I said before on ZH. Regrettably if no Greek blood on the street no revolution against EU totalitarianism disguised as chocking brotherly love, would be possible.
ZH'ers can't read that much material at once...we like bits & pieces..we do not actually read all that the articles state..only the highlights...just so you do not waste your time talking to yourself...cheers!! Good points and very informative..I think.
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BTW - look at the actual definition of the word "freedom" as used in your comment, then name a single person who ever walked on the face of the earth that has ever had it, then look at enslaved or slave and name one who walked on the earth that isn't? Just saying that terms do matter. Freedom sounds so good.
Apologize for assuming ZH crowd has GED reading level and also for unintended biblical connotations but my point is that one has to recognize one's enslavement before one may know what freedom is.
What is freedom and who has ever had real freedom; not you nor I? That is my point. Even some people with a GED look up definitions and apply them to reality....very few. People have a grave tendency to substitute emotional bias and confuse it with logic and reason..part of being human.
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Sorry you do not like references to your Creator. Your total loss.
That is the best comment on this article posted so far Scatha. Excellant.
There is nothing puzzling here if you understand "Wall Street Baking Cabal & Associates Inc". It is really that simple. Leaks happen for reasons; usually poitical.
"Former foreign secretary William Hague has broken cover to urge Greece to abandon the Euro or be stuck in a 'permanent crisis'. Mr Hague, who stood down from politics at the election, said Greece had no chance of turning its economy around within the single currency unless Germany agreed to hand over big subsidies 'forever'. But the former Tory leader went even further, warning that the 'Greek debacle of 2015' will not be the end of the euro crisis 'but its real beginning' – eventually dragging in Italy, Spain, Portugal and other southern European countries. Mr Hague's warning comes ahead of a crisis summit of Eurozone leaders in Brussels tonight amid warnings from Germany that the single currency could 'blow apart' if Greece is allowed to blackmail the rest of the Eurozone."
http://www.dailymail.co.uk/news/article-3151947/This-BEGINNING-Euro-cris...
Sounds familiar; like the IMF document being leaked prior to elections in Greece...I smell AL-CIAda in the mix here trying to crush the EU, you know the allies. War has begun expect new market highs across the US as China has been attacked, Russia, and now the EU...how foolish is the world to mess with "Wall Street Banking Cabal & Associates"'.
Ah, here comes the UK europhile association, William Hague and the Daily Mail, to stand up and support the people of greece and the other holiday places - no ulterior motive 'course just for da good of da people
What a pathetically weak, little excuse for a man. WTF, commies in my day had balls. Sure they'd fuck up everything they touched, but at least they'd break some stuff on purpose, throw a respectable revolution. Spill some blood, commit the occasional atrocity. This pathetic pussy calls a vote, wants to lose it so he can cave and blame the enemy, then wins and can't find the balls to even go ahead and break a couple windows.
I'm completely disgusted.
Not a bad smear job at such short notice. But if it looks insane, smells insane, feels insane, then the banksters can't be far behind. This premise that he always intended to lose and now wants to throw away the only bargaining position of strength to get the shittiest deal possible from the troika because he just loves betraying his own people? That's the story is it? Okey dokey then. Thanks for selling crazy but I reckon I've had just far too much crazy sold to me lately from the msm.
"Sell crazy somewhere else. We're all stocked up here."
This article has stocked me up for the rest of the month... and we're only just thru the first week.
So tsipras is just another skum bag euro politician only he's trying to appear to be a hard ass. Fire the fucker and draft the old finmin.
He was just trying to mislead the eavesdropping NSA, Mossad and MI6 with disinformation, a fakeout, a na na na nah na. The NSA leaked it prematurely, from then on it was oh well, Troika weekend at Bernies.
Tsipras will have to do some real leading now. That kind of falling down leftist approach of the past won't get it going forward. It is time to feed people. Use the army or navy or whatever kind of structure you have to get food to people. Its time to seize the moment. If you can't do it then step to the side.
So it's the banksters fault for hypnotizing the greeks and forcing them to accept money? Real money....Euro weenie money. Not toilet paper Drachma filth. Greeks blow chunks, and they got thier whistles wet. Dear God let them go and let them issue thier Drachma floaters backed by healthy sheep herds. The greeks know where their bread is buttered and it ain't with the Drachma. Watch them tar and feather Tspiras while looking for another commisar.
Backdoor Barry's sticking it to the EU.
A word in Tsipras's Shell like telling him the cavalry are on the way and the EU should leave dodge before sun up.
Still Varoufukyou resignation stinks whatever.
What those people are doing is best known to them. But what are you doing ZeroHedge? You claim to be a fight club, then act like news organization .. then you looks like sports commentator... then conspiracy theory expert .... now you have become a gossip column...
that is the problem when you run a fight club 24/7 ...
Meanwhile, can you restore my original username : thinair, or give me a reason why you blocked it? All the problems that you claim to solve... you will see a microcosm of it... if only you decide to fight.
http://just-a-thought-from-thinair.blogspot.com/
Look, you inconsolable putz suckers. If you want real news, you are going to have to sort through it with a real brain. There is no choice in this matter. The drivel we get from NYT and WSJ feels nice and comfy, but is pure propaganda The only alternative resembles total chaos, which is awesome, but difficult. If you don't want to work at this, go suck your thumb elsewhere.
Some observations on this item:
Ambrose E-P likes to speculate and more often than not he is on target. But in this case we should keep in mind his established prejudice against the European Union and his penchant for exaggerating its problems.
In the second italicized paragraph above, the author is actually quoting Varoufakis and should say so. The latter's various absurd statements and threats are part of his demagogic style and now that he is off the scene, should be disregarded.
I believe the German director of the Economic Institute is mistaken in his belief that Washington and Paris are working together in an effort to preserve the monetary union with Greece remaining inside it. The timing of the IMF staff report release was clearly intended to disrupt the Troika position and confuse the voters in the referendum. I suspect that it was issued over the objections of Lagarde. Varoufakis used this report to encourage a NO vote. It may be that now Tsipras is more than a little taken aback by the results of his hasty referendum. As a politician in training, he has learned how to lie effectively, but has not yet learned how to face consequences. Washington has always looked askance at the European Union as a potential economic rival, and we know what the US State Department thinks of it currently from Nuland's famous telephone conversation.
In any case, I am not convinced that a Greek departure from the euro would be a disaster to be avoided at all costs. There are four second tiier powers in Europe that have never been in the Euro: Switzerland, Denmark, Sweden and Norway. The only consequence of their absence has been the untimely reception of capital fleeing from euro members. Hungary and Poland, along with several Balkan countries are also still outside.
I like AEP but I agree that this speculation is likely wrong. The Greek departure from the EURO would be a big success for Greece and it is Syriza's secret why they don't take the opportunity. Switzerland, Denmark, Sweden and Norway are not members in the EURO zone but fare economically better than Germany (particularly Switzerland). Five EURO countries belong the most indebted 10 countries in the world. This is not coincidence.
It's one thing to be the populist opposition guys, and quite another to actually lead and govern.
If true, this article shows all this was plain bs.
" We got the wrong play, the wrong cast, the wrong director, where did we go right ? ".... Max Bialystok
I don't believe this post for a second.
Both sides were on the cusp of chaos before the vote.
They both knew the upside and downside risks going into the vote.
Each is even closer now.
I like money
really? I like money too....
Love the optics of starving Greek pensioners contrasted against the Merkel-Whale.
I'll say it again for the 100th time; Tsipras is an Empty Suit and the poster child for your average run of the mill Banker-Puppet Politician.
I fear you are correct sir
Angela Merkel Net Worth is $11.5 Million. Angela Merkel Net Worth is $11.5 Million.
Angela Merkel is the current Chancellor of Germany; she has a net worth of $11.5 million. Angela Merkel has built her net worth as chairwoman of the Christian Democratic Union since 2000, and chairwoman of Angela Dorothea Merkel, German: ; nee Kasner is the Chancellor of Germany and Chairwoman of the Christian Democratic Union . Merkel is the first female Chancellor of Germany. A physical chemist by professional background, Merkel entered politics in the wake of the Revolutions of 1989 and briefly served as the deputy spokesperson for Lothar de Maiziere's democratically elected East German government prior to the German reunification. Following reunification in 1990, she was elected to the Bundestag, where she has represented the state of Mecklenburg-Vorpommern since. She served as Federal Minister for Women and Youth 1991-1994 and as Federal Minister for the Environment, Nature Conservation and Nuclear Safety 1994-1998 in Helmut Kohl's fourth and fifth cabinets. She was Secretary General of the CDU 1998-2000, and was elected chairperson in 2000. From 2002
http://www.getnetworth.com/tag/angela-merkel-bathing-suit/
So what? What is Hitlery's net worth when you factor in the Clinton foundation and all that bullshit.
11.5 million makes her a piker amongst the ZWO hoi polloi.
Forgot her glorious career in FDJ
Freie Deutsche Jugend (Free German Youth)i.e. Eastern Germany (DDR) socialist youth movement and socialist trade union activism. Under their recommendation she was admitted to graduate program and obtained her PhD all along party lines cronyism. She, descendant of Prussian military elites, conveniently swore to uphold leading political role of working class in E.Germany and to do her best to improve living conditions of working class in Germany and all over the world and fight american imperialism and fascism. She turnout top be fascist liar herself, right wing radical political extremist, extreme opportunist without shred of moral standing or guidance, willing to sacrifice everything and everyone except her in the name of political expediency, benefit or profit. She is embodiment of Zombie Germany (Fourth Reich) resurrected under EU flag to fulfill Hitler's favorite Hegelian prophecy of German Untermensch (supermen) bringing progress and culture to primitive, filthy Europe or else.
That's Merkel.
This whole thing is really about a bunch of socialists/communists who are surprised that they actually ran out of someone elses money. What a bunch of clowns.
It's all just a game for these folks, and we are just the expendable Risk pieces.
We all heard the first part of the Mr Tsipras's quote,"I'll cut off my arm,if the Greeks vote yes"..What we didn't hear,was the second part of theTsipras quote, "But I'll get down on my hands,and knees,and let the IMF fuck me in the ass,if the Greeks vote no"
"French leaders are working in concert with the White House. Washington is bringing its immense diplomatic power to bear, calling openly on the EU to put "Greece on a path toward debt sustainability"."
The French and the Americans WANT GREECE to sustain current DEBT LEVELS. HELL, they want the WORLD to stay in debt.
DEBT! PERPETUAL, 'SUSTAINABLE' DEBT!
Does anyone else see something wrong with this 'future'?
French leaders .....
bit of an oxymoron there isn't it?
Imagine a boot crushing the face of humanity, forever.
Generational debt only makes sense to Generation 1. The WWI debt made no sense to the Hitler Generation
Tsipras gains nothing politically by making an offer to the Bankers. He loses least by making it an EU decision imposed on Greece
http://www.nytimes.com/2010/02/14/business/global/14debt.html?pagewanted=1
http://www.businessinsider.com/goldman-sachs-shorted-greek-debt-after-it...
Greek debt was greater than 100% of GDP in 2000:
http://www.thepressproject.net/article/58136/Ignoring-the-data-about-Gre...
Making Greece a part of the EU put it into a global economy in which it was not competitive, with socialist standards it could not afford, and it brought with it an already unsustainable debt.
Chumps. They all got EU passports. I met someone who lived off Euro-welfare because the spouse was Greek and therefore they could choose which EU nation in which to live on welfare. Its the good life until they repo your country
Well if Goldman us in charge of banker negotiations then that's it. Goldman was criminal getting Greece into the Euro. They should be in jail not making a bigger mess.
Not the first time victory has overcome all efforts to prevent it.
There's an interesting post and comments that appeared on 27 June at NC about all this intrigue:
"Tsipras’ Bailout Referendum Sham
Posted on June 27, 2015 by Yves Smith"
Excerpt...
"So the only conceivable excuse for waiting this long is for Tsipras to attempt to save himself. If he were to reject the bailout, the decision is unquestionably his and that of his allies. That is precisely the sort of decision that government leaders are expected to make. Or he could just as well accept the bailout, recognizing that as bad as things are, that the country would be plunged into an even deeper economic sinkhole, putting the survival of even more citizens at risk. It would take forming a new coalition with To Potami and New Democracy, and that would mean that his and Syriza’s position would become far more tenuous and he would be fiercely denounced by many if mot most Syriza MPs. Thus the referendum ruse looks to be about trying to spare Tsipras and Syriza the worst consequences of his having underestimated the creditors and not preparing for worst-case scenarios, which is another responsibility of leadership that he and his party have neglected."
http://www.nakedcapitalism.com/2015/06/tsipras-bailout-referendum-sham.html
I don't really believe this theory. The first thing wrong with it is it comes from Pritchard, who has proven to be utterly clueless on most things financial.
according to the Telegraph. it all started when....sources close..anonymous of course..comfrmed by..anonymoys inside sources..mmm...sounds like the same rubbish they did to Snowden with anymous pentagon sources inside the whithouse ...imo...they should have started the article with...once upon a time...
we have seen this before many many times folx..good reason the odds are in favor calling it bullshit..
does
anybody
ever
read
those
comments
that
go
down
the
page
with
only
one
word
per
line
?
sometimes
just read yours
KARITAINA, Greece (AP) — Ilias Mathes has protection against bank closures, capital controls and the slashing of his pension: 10 goats, some hens and a vegetable patch.
If Greece’s financial crisis deepens, as many believe it must, he can feed his children and grandchildren with the bounty of the land in this proud village high in the mountains of the Arcadia Peloponnese.
“I have my lettuce, my onions, I have my hens, my birds, I will manage,” he said, even though he can no longer access his full pension payment because of government controls imposed six days ago. “We will manage for a period of time, I don’t know, two months, maybe three months, because I also want to give to our relatives. If they are suffering, I cannot leave them like this, isn’t that so?”
The production of food and milk gives villagers in many parts of Greece a small measure of confidence — and a valuable buffer.
When I brought this up in other political blogs I was given the hairy eyeball and told to adjust the antennae on my tinfoil hat.
Ha and ha.
Greece is a gong show.
Rightly or wrongly, they are going to be made an example of by the creditors, aka the institutions aka the troika.
Hey, whadda minute, I saw this trick in the old Roger Rabbit movie...where ,when he was truly beaten and cornered, he grabbed one of those big, black, flexible, circular escape holes that he disappeared into that led to a Greek restaurant in downtown Chicago....and he crawled out and sat at the counter and had poached eggs and corned beef hash with a buttered English Muffin and orange marmalade. Then he ran back to the black hole and jumped back in, only to find that he had exited in Caracas and when he turned to retreat back into his hole, he found it had been confescated by the socialists intent upon using it to charge money to people who wanted to go to the US to buy toilet paper. How is that for Greek tragedy?
http://www.theliberist.com
It is not "shocking news" to rehash some un researched rant from a nobody on the interwebs. It isn't shocking, and it isn't news.
As best, it is hearsay based on wild speculation.
Bloomberg: EU Tells Tsipras the Party’s Over as Euro Exit Door Swings Open
by Karl Stagno NavarraDara Doyle (2 hours ago)
Sucking up to Putin, while Putin was threatening Ukraine and Eastern European states, and making everyone in Scandinavia, the Baltic States and Eastern Europe feel even more militarily exposed, as they were supporting you, was perhaps not such a hot idea after all, eh, Mr. Tsipras? They all seem to detest Greece for that, and regard you as a traitor and not their ally or something.
Live and learn huh? ... or not.
I guess your point is why can't the guy stay on topic and be a consistent Bankster whore like you manage to be all the time? Isn't that right Element. Why should anybody try to do the right thing? said Element.
So you're trying to claim there are no implications, and no reciprocity is likely to emerge from such actions?
Do you suppose virtually all other states in the EU did not take great offense at it, and would not want to teach Greece a lesson about an absence of security and of the biting of Allied hands that have attempted to sustain them in their time of national turmoil?
And you can kindly cease putting your words into my mouth.
I know what I've said, and what you're trying to spin it as, but I'm talking facts and implications of the observed actions. Actions create reactions. Geopolitical ones especially.
Those other states are very pissed at this government, and the Greek people, which have supported it, thus far. And that is also a key and relevant fact of this situation and where is develops from here.
And that has economic and geopolitical implications and none of them are good for either Greece, or for any interloper who tries to interfere further, from here.
And this blog deals with such things, daily.
All the facts, and not just the pretty ones which you like. mmmkay?
I suggest that you Russian troll-kiddies get used to observations and implications impacting your bullshit themes and the mass delusions-of-grandeur pedaling, which you wish to foist, upon the equally bereft. :-)
Kiss kiss
Ooo
I suppose you refer to Estonia, Latvia, and Lithuania.
Whose governments allowed Nazi marches in Tallinn, Riga and Kaunas THIS YEAR IN 2015.
Yes siree bob, I'm sure that Alexis Tsipras and the entire populace of Greece care about what the Nazi tolerant government of those Baltic countries think about them (perhaps the Nazi tolerant 'Element', as well).
Then there's Romania and its Prime Minister, Victor Ponta.
National Anticorruption Directorate (DNA) has accused Ponta of forgery, tax evasion and money laundering. The bugger is still in office. He won't resign.
Do you think Mr. Element that Tsipras and the Greeks care what Romania thinks?
Still projecting, but at least trying to fashion some cruelly contorted non-points. :D
Btw, I'm very 'tolerant' of the world being what it is, but thanks for your weird and gratuitous squeezing-in of the ever present nazi menace, as prop to attempt to derail a topic which thus implicitly advertised and burted-out your inner dissonance.
Nice one! cheers :D
Sharper than a serpent's tooth, as usual, Element.
If only you were as good at defending your fallacious and misguided comments as you are at cutting your responders, what a prize you would be. :o|
Make a bid and I may become your soldier. :D
Make it ... BIG. ;-)
I must decline your tempting offer. You appear to be someone much better at giving orders than taking them. :o)
The diminished capacity of the Baltic States, Poland and Romania mirror your own inability to understand how America has set up credit scams through the world bank, the imf, and other such fraudulent enterprises.
Can you tell us how Putin was threatening Ukraine after the end of January 2015, any more than he was in March 2014 after the Crimean referendum?
Of course you can't. You just like meaty sentences that purport to say something when they don't.
Now you're starting to get nervous that Putin and Tsipras are about to hoist a petard, not on themselves, but on the EU community and the euro itself.
You better check Craig's List for bomb shelters. Or, if can't find one, a 20' container should work.
You're projecting. ;-)
where did you get 2 green votes?
does sancho panza get to vote, too?
Oh, that disturbs you? There's insight in that, but don't feel compelled to give yourself a green like that, as I will not be giving you a 'red', that much I can promise you. :D
It doesn't disturb me at all, Element. I wish your counting house to be full of green arrows.
I was just surprised that such a simplistic and irrelevant reply garnered two greens so quickly.
I know you were the first vote and the other must have been your amanuensis, Figaro.
Whenever you ever need moar green votes, I am at your service, Sir. :o|
America has set up credit scams through the world bank, the imf, and other such fraudulent enterprises.
That is a fact. And as far as Lithuania and the Baltics are concerned (especially Lithuania) it was the plan of the Masters of the Universe that these countriies do become the "the second Greece" which would have pulled the Euro down for sure then.
It was very clear to see in Lithuania. The whole economy was booming on credit only for many years prior their first attempt to join the Euro. Mortgages denominated in Swiss Franc were the biggest hit at that time. Interest rates extremely low but the currency risk extreme high (the newly minted Litas compared to Swiss Franc). It was boom, boom, boom everywher. Real estate prices exploded etc.
I was able to observe this since I visited many times Lithuania during these boom years. When the day came closer when Lithuania had to meet the conditions to join the Euro, then Euroland in a surprise move rejected the Lithuanian bidding. On the papers presented to The ECB by Lithuania (prepared by Wall Street experts for sure) the requested minimum standards were missed only slightly. Everybody thought, that this slight miss would be accepted by the ECB and Lithuania could have joined the Euro at that time.
But Euroland was on the guard at that time. The Lithuanian application was bluntly rejected. Pufff!.
That was it what saves the Euro today but pushed Lithuania within a few months into depression. The hard landing of Lithuania was softened by the US because otherwise they would have lost their staunchest anti Russian ally. But it was still very, very hard for Lithuania. All the fraud and trap doors build for the Euro and Euroland were suddenly weighing on Lithuania itself only.
It took Lithuania nearly 10 years till it had cleaned up the mess and was regarded as fit to join the Euro.
Unfortunately the political pressure to accept Greece was as it seems much higher and Euroland had to let the Greeks in at that time. And now all the shit and fraud build-up in Greece by the US and UK is falling on the Euro. There the plan worked out fine.
The Euro would have not survived a second Greece (Lithuania). Euroland was very lucky and the ECB clever. The US/UK strategy failed since Greece alone can be handled. But the Greeks are the ones biting the dust. The Lithuanians had help both from the US and the EU when the SHTF (when their first attempt to join the Euro failed). Greece is alone and therefore I would not be surprised at all that Greece would try to leave the Shengen area, allow visa free travel for Russian tourist (an immediate boom would follow), sells many more agricultural products to Russia and China (becoming the main supplier for Russia for Citrus fruits, wine and olives). And of course becomes Russias partner as far as the NG business in South and South East Europe is concerned.
Buit that would mean that Greece is leaving Nato and is throwing the US and UK bases out of the country so that the Russians can move in. But this is not going to happen.
So Greece is completely stuck in the middle. Euroland is angry. The US is not letting go Greece, therefore Russia can not help.
Chaos is programmed. Or as a headline in the FT not long ago predicted "Greece is Europes failed state in waiting". A failed state, like Somalia, Libya, Syria, Ukraine, Iraq and so on ?? At least this came to my mind when reading this headline. Hopefully I"m wrong.
Poor Greeks. Mr. Tsipras drove them against a wall.
As always though, people go on and on about a mere medium of exchange, and not the fact that you have to have something to trade to make a living that is not merely based on the implicit PONZI of credit and its debt growth to buy real resources.
The euro is quite irrelevant, because with or without the euro, Greece does not trade enough of its own products to live without credit in the way it currently does.
I would elaborate but the best football on earth is on, State of Origin, so I'll leave it there, but thank you for your anecdotes.
http://cdn.mademan.com/wp-content/uploads/2014/11/dumb-dumber-6.jpg
These are IOUs, there are as good as money. See link from Dumb and Dumber.
Ambrose Evans-Pritchard is always a good read. However it is doubtful whether Tsipras really expected to loose the referendum. Prior to the banking closes the support for "NO" had been purportedly an overwhelming 80%. Based on the 80% there was little hope for "loosing". Tsipras delivered some televised speeches to counteract the EU propaganda in Greece in favour of the "YES" vote. In case he should have intended to "loose" it would have been better to deliver less convincing speeches.
<<However it is arrant nonsense that Tsipras really expected to lose>>
FIFY.
If it came from the Daily telegraph it was probably concocted by that fucking half wit Pilchard taking some LSD and waking up to scribble his hallucinations down before pissing off to suck the Barclay twins cocks whilst waiting for them to arrange it on message and tell him to pint it.
Other wise it is utter bollox
if Tsipras wanted to lose, he could easily have said that a no vote would mean leaving the Euro.
hence, the Telegraph article is shite.
Of course it is. Tyler's being a credulous fool. Which on the topic of Greece, he is a good 50% of the time.
You have to be a fucking moron to believe this fucking drivel from fucking Never-Pilchard.
For fucks sake, any idea Tsipras dint know within a couple of % which way it going is a gullible cretin.
Of course he knew, he knew without doubt he would win and it wasn't exactly a secret as many predicted a 55-60 40-45 % split with No to win.
And he was the one counting the fucking votes.
As they say, its not who votes that counts but who counts get the vote.
It is Greece out because its the least painful way for the fucking scum in Brussels, because keeping them in will cost more and the German taxpayers will burn that fat unfuckable bitch merkel.
That is the only can kicking option left
May I please borrow some of that massive windfall of cash which won from betting on such a sure-thing, given you absolutely knew, in advance, what the result would be, within a couple of percent, given the polls were almost level pegging just prior to the vote, and the result did not match those poles very well?
Or were you in fact unsure?
However, Yanis is right, the EU already wanted Greece out (and I don't think Yanis fully got why they decided on that). In retrospect it's obvious that Tsipras and his Minister were intent all along, on so vandalizing the whole situation and impairing all relationships with the EU, that grexit became the only remaining response for the EU collective, and Greek voters to take.
So I don't buy the case that Tsipras didn't want this result - his actions say otherwise. He would never have done what he's gone ahead and done, if he'd wanted to stay.
I watched the BBC news last night as Tsipras went into his meeting, and a reporter looked at the note paper in his hand, and this is what was written on it, according to that reporter.
"No triumphalism".
Now why would he need to tell himself that? ... and need a written note to remember it? ...
There is no way this is true. 1st If he wanted a YES he wouldn't ask ''Do you want the hard austerity deal?'' The referendum would have been ''Do you want to stay in the EU?'' Secondly I ve never seen a questionaire where the NO is in fron of YES. Tsipras wanted the NO to drive Greece out of the Euro and make his socialist paradise true.
staying in the EU (28 member economic and regulatory zone) was and still is not the issue
the issue would be - as reframed by 18 european capitals - at most: "do you want to stay in the eurozone?" (which is a 19 member monetary alliance)
that mixing up of "the EU" and "the eurozone" is another little propagandistic trick to snare the uninterested. I'd say a difference of frigging 11 sovereign nations ought to be... noticed
I hate to admit that I have become like a Zero Hedge Groupie, who loves Zero Hedge, despite how irrational that appears to be. The article above was a great illustration of how that has happened!
I upvoted you for the short post :)
After reading all of the comments, we are no closer to the truth.
The truth is the Greek people have done something the west has not seen in many years, true democracy. Voting NO to more austerity, we all are a victim of this very same Bankster fraud where as one group of elites have paper and ink and loan it out to us to enslave the population.
If you owe your bank $5000 it's your problem, if you owe the bank $50,000,000 it's there problem.
Greed plays a huge role in what is happening in Greece but not just with the "lazy Greeks" as many have put it. The Elite themselves would very much like to loan money to anyone or country if they were promised a huge reward for doing so. If this blows up the right way all of the worlds Fiat Con will be exposed and we at that point may just be inclined to thank the "lazy Greeks".
It is still way too early to tell what the outcome will be, but one thing for sure TPTB are at risk of losing a lot if the dominoes start to fall!
never expected to win Sunday's referendum... - What a piece of propaganda crap is that ?
Tsipras was campaining for a no vote and won it
Varoufakis never wanted a referendum, he said that many times. And Tsipras is pro-european, he just wanted to play tough to get a better deal.
lol...this has to be the best (not) article ever. I do hope all Brussel's Bankers and IMF watchdogs share your way of thinking Mr Zerohedge!!!
The victory is ours !
History of Europe & euroPeons
---------
Fact : Europe was practicing canniballism in stone age to survive (& witchcraft). They ate up ALL the Neanderthal humans , none was left.
Then they Graduated to Piracy (& slavery) and snatched & looted. They even pirated each other.
They they Mastered to colonialism. They looted remote lands , butchered native people, hacked them to pieces ,burnt them alive and took away all their gold & became rich & high class.
Then they tried to loot each other which led to 2 world wars.
Now they(including USA) are again at crossroads with less money than required.
What are they gonna do?
------
Yeah try again the same tactics?
Oh..by the wayy Mr Zerohedge...you might want to replace the old photo of Tsipras escorting your article with this one that was taken last night at the Euromeeting...what do the Asian say? One picture speaks a millions words...take that to your bank mister.
http://3.bp.blogspot.com/-65PAoxfVlLs/VZwz1mrJotI/AAAAAAAASnI/_FkJNsdRzR...
Greece can issue parallel currencies.
Gold and Silver coins of specified weight and purity as a store of value with no currency denomination.
A debt free paper Drachma as unit of exchange and account.
Use TVM-LSM-666.
Ambrose Evans Pritchard lied about MH17. Probably lying here to present the Greek leader as flakey.Pity AEP has been bought out by the Western financial elite.
Many important plane crashes are acts of sabotage. Like the JFK Jr. crash, it's not the questionable circumstances (sudden nosedive from altitude) that give it away. It's the "authorities" and "journalists" who get on TV and start declaring the cause before the bits and pieces are recovered and a legitimate investigation takes place (or doesn't).
i see rape in the open eu public.
end of game: eu sets greek government directly,
and then we are all happy sheeple in eu
Re Title......................................BS
Nobody circles the wagons like the Greeks.
Except maybe the American militia which outnumbers the whole Greek population.