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IMF Slams Germany, Says Greece "Needs Debt Restructuring"
Earlier today, confirming that Germany sternly refuses to change its tune about a Greek debt haircut or even a debt "reprofiling" of Greece and would not budge an inch on Tsipras tacit request for at least some debt leeway, we reported that "the German government does not see any reason to grant Greece either a classic debt haircut or any other measures that would slash the value of money on loan to the crisis-ridden country, a spokesman for the finance ministry said on Wednesday."
"At the moment and in principle we see, as the chancellor said expressly in her press conference in Brussels, no occasion at all to discuss this issue - there is no leverage or basis for that," Martin Jaeger said at a news conference.
"That refers to a haircut in the classic sense but I explicitly add we also take that to mean measures that aim to bring about a reduction in the cash value of debt - those are things that you hear in discussions under profiling, restructuring and similar things.
This put Gremany in clear confrontation with the IMF (and various other European countries who are far more inclined to consider debt haircuts for others and for themselves) so we, and many others, were wondering how Christine Lagarde would react.
We got the answer moments ago and here it is:
- IMF'S LAGARDE SAYS DEBT RESTRUCTURING NEEDED IN GREECE
- IMF'S LAGARDE SAYS FUND REMAINS 'FULLY ENGAGED' WITH GREECE
- IMF'S LAGARDE SAYS IMF CANNOT GIVE GREECE SPECIAL TREATMENT
... thereby starting a very clear, and very determined war of words with Germany and the "no-haircut" axis which is also waging a cold war against none other than the US, under whose guidance the IMF released its debt sustainability report last week over the objections of Merkel, Schauble and company.
To be sure, this statement makes life for Tsipras very difficult as the local population will demand why he didn't fight for the debt haircut he promised, a haircut which even the IMF says is not critical.
But the ball is now in Germany's court, and of course Greece's, which now has a very determined, and very unexpected ally, one which Tsipras called "criminal" three short weeks ago.
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germany will give greece 'special treatment' alright...
Food fight.
Lagarde and Yellen should settle this with a hand grenade duel,
at two paces.
Russian roulette . . . with an automatic
Gee... once again Christine "Magic 7's" Legarde and the IMF are playing the "good guys".
(Check out the psycho chicks Illuminati rant at 1:10)
https://www.youtube.com/watch?v=Sx_IZ-AcQ_I
The world will eventually have to restructure. If that’s by banning cash and implementing negative rates along with a debt jubilee, or all in one fell swoop with an E Dollar system, I don’t know, but some kind of global debt restructuring will be necessary in the not too distant future.
Dear Mr. Tsipras,
As I said to Nicholas Sarkozy, please use me.
Oh.
Kisses,
Christine
I love the cover pic Tylers. The Queen Canteloupe Cunt holding the bag. If only!
Yup, Chrissy the Cunt, pretending to not be a filthy fucking whore. But everyone involved knows that isn't the case at all.
Gerxit.
Merkel won't let IMF give Germanys money away, either.
As for restructuring... just get rid of the Central Bank system run for the benefit of private bankers.
Next print out the national debt through the Treasury to liquidate it and implement a 100% reserve private banking system. No more 'thin air' money benefitting the criminal enterprises creating it.
Lastly... take back national sovereignty by getting rid of the Globalists "Free trade" and "global financialization" policies and make any supranational (like the euro) or global (IMF-SDR AKA Phoenix) currencies illegal.
That'll do for a start.
im very much on board with printing debt free money through the treasury + 100% reserve banking system, as opposed to a gold standard. my only qualm is that it doesnt solve the issue of having the power of printing in the hand of a select few. granted it would be in "public" as opposed to private hands, but we've all seen how easily politicians can be corrupted. i think a necessary addition to this system would be free markets in currencies as well. the treasury could issue as much fiat as it wanted and use it for infrastructure and other projects, and that currency could be used as legal tender: for trade, settling debts, taxes etc. but allowing silver, gold or whatever else to simaltenously act as currency would be a way of keeping the treasury honest without having a PM backing. the main argument ive heard against PM backing is that the bankers actually want that so they can corner the market (much more easily done with Au than Ag). i think my recommendation solves that problem.
The Globalists will probably introduce a "Gold standard" with the new global currency just to sign everyone up to the "Phoenix" or "Aurum". They can always quietly remove the backing later like Nixon in 40 or so years when everyone forgets. Plus they are probably already holding most of the gold anyway. Fuck 'em.
Milton Friedman acually touched on the subject of 100% reserve banking and a Treasury that would create debt free money in some of his more esoteric writings.
The printing should go directly into the economy preferably as close to the individual as you can get it. Let a truly free market do the rest. The wealthy need not worry because it will always trickle up.
The primary over-riding goal should be a stable currency like the first 100 years or so before the Fed was illegally created by the bankers.
Gold and silver serving as alternative currencies is always a good idea. More choice keeps thing honest.
-
Yep, good guys. Are you aware of the new IMF report recommending Greece be given a 20 GRACE PERIOD before having to start paying back its loans with an final payment in 2055? With the inflation factor, the value of that debt would be miniscule, assuming the current global currency paradigm was even still in place. This all dovetails nicely with the NWO pope calling for a [debt] jubilee a few months ago.
http://www.independent.co.uk/news/world/europe/greece-debt-crisis-imf-ca...
Seems like the plan is to hyperinflate / debase national currencies to oblivion and as nations re-align and restructure one-by-one they will be all led into the same corral.
Yup. If there is a loss of faith in the future value of the currency hyperinflation is always the result...
The IMF is an institution heavily influenced by the US, despite having Lagarde heading it up. I knew the instant of the first report that Tsipras and Obama spoke we were gonna be involved in this somehow. That motherfucker Obama's gonna stick his nose in where it's not welcome again and the US is gonna end up bailing out Greece through the IMF.
No worries....Im sure the Wiliam Dudley is on at the NY FED and BIS.
Obama: "Say Bill....we're gonna need some help on this Greece thing...some folks are in trouble."
...the US is gonna end up bailing out Greece through the IMF.
Of course we will. In Obama's racist/Marxist world, only white people pay taxes; black taxpayers are all Uncle Toms. So he has no problem giving away US taxpayer money to any and every leftist economic shithole he can find. I'm sure Greece is a lovely country, as countries and people go, but economically they're a complete trainwreck. Just the sort of wealth destroyer Obama will love to pour our money into.
It's not US Taxpayer's money btw. Type, type, type Poof! He's 275 billions at zero pct. Can kicked! Can we finally resume bombing shit now???
Obama is a lawn ornament in this.
The FED believes it is the printer to the world, either directly or via proxies. And it is getting more cocky as times goes by....
Stop being a raycist....
http://www.ebay.com/itm/Concrete-Fisher-Boy-Statue-Also-Known-As-Rastus-...
Beg to disagree...
The IMF is a GLOBALIST controlled institution as any member of the CFR can tell you. Obama is a CFR GLOBALIST not an American Nationalist (TPP anyone?)
Hillary Clinton at the CFR > https://www.youtube.com/watch?v=Ba9wxl1Dmas
( 27 seconds of lucidity)
Dick Cheney at the CFR > https://www.youtube.com/watch?v=XOAk-7F1EVU
(13 seconds of lucidity)
Democrats and Republican are both owned by the Global Financial Elite (banker) Globalists.
The CFR is a Rockefeller created and run GLOBALIST organization. The stated goal is ONE WORLD GOVERNMENT of the bankers, by the bankers and for the bankers. The need is for America, China, Russia, India, etc. etc. to ALL pony up for the IMF to make the IMF-SDR NWO global currency (AKA The Phoenix) come true.
Take it away Financial Times (And Rothschild Family) owned Economist Magazine back in 1988...
https://socioecohistory.wordpress.com/2014/07/26/flashback-1988-get-read...
"The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate – and hence, within narrow margins, each national inflation rate- would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit."
Can you say "Good-Bye National Sovereignty forever"? All National Central Banks will then forever cede their right to create currency for their citizens.
As if they do so now or that was ever the problem to begin with!!!
The NWO Bank will then take care of that burdensome chore for the entire planet. Care to guess who is going to run the NWO's only financial printing press?
kinda like a neo-decolonisation........IOW..there is a plan in place and the reset happens on their terms...
'Decolonisation did not take place until the former colonial powers and the empires of capital on whose behalf they operated had established other means of retaining control. Some, like the IMF and World Bank, have remained almost unchanged. Others, like the programme of extraordinary rendition, evolved in response to new challenges to global hegemony.'
http://www.monbiot.com/2012/04/30/empire-of-capital/
Are either of them actually female?
Yep! Break out the vaseline!
Bend over and take zee schnitzel!
ein zwie drie vier fünf sechs sieben wo ist denn my EU freund geblieben?
And the unsustainable Dr. visit that goes with it.
Germany can talk about Greek debt when they pay back their debts from WWI and WWII.
This is only a theatrical production. The story of the bad cop (Germany, represented by Merkel) and a good cop (US, represented by the IMF).
This is simply an attempt to so-called Western world, to save face: "We are very strict and inflexible - let it see and know everybody and everywhere!
Greece will no receive anything from us! But Greece will receive money from the good cop - the IMF."
Double Post
Lagarde humpin Merkel? There's something you can't unimagine.
pods
A visual I really did not need. Thanks buddy.
I've seen enough shocking things on the internet that I'm immune.
Rule 34. No exceptions.
Just to cement the image:
http://www.lettera43.it/upload/images/06_2014/Nx233xl43-merkel-lagarde-1...
(Don't worry, it's safe for work. Your imaginations can do the rest.)
Nite time is the right time for the american........
I believe the term used is "Tribbing".
Throw Yellen in the middle of that shit sandwich :)
2 LizardPeople 1 cup
Ha Ha. The banks gotta pay the mortgage payment for the deadbeat homeowner, to make it appear everything is A-OK.
L O L!!
what a fucking cunt, she may be worse than Hillary Ramrod...no, nevermind
I love it when sociopaths turn on each other.
The IMF is looking at the big picture....competing with the AIIB.
Besides, fuck the EU.
gotta admit, its rich that a woman from a bankrupt country (france) that runs deficit after deficit, piling on-top of its own debt calling for a haircut on greece's debt
we're seriously fucked
Let the Germans leave the Eurozone and enjoy the fruits of her work and endeveaour alone - like Switzerland! Let the Germans quit NATO and the EU and make sure it would be a neutral state. That is what the Germans like! Not being an US-vassall-state...
The U.S. war against Russia in Europe is organized and conducted by Washington at the expense of the European budget, as well as the drop in the standard of living and suffering of the peoples of Europe.
While the European businesses are suffering from sanctions imposed against Russia, their American competitors are signing new lucrative deals with Russia, writes German magazine "Spiegel".
Gerexit.
No honor among thieves?
but its not my (d)fault !!
Someone didn't say please may I...
It's over Greece; Merkel's been burned 2X, #3 is out of the question. Saugen sie auf, schmutz-taschen!
Merkel hasn't been burned once, and is in not danger of being burned. She's just concerned about the political consequences when her scam to steal money from Greek taxpayers to pay off German and above all French banks comes to an end.
Money that Greece borrowed in the first place, of course.
Of course they did. And on what terms did they borrow that money, and EU core banks lend it? The creditors knew that there would likely be a sovereign default if Greece's debt burden became unsustainable. Nor was this just something irresponsible that terrible countries like Greece couldn't be prevented from doing: the IMF oversees defaults on existing sovereign debt as part of its programs. Sovereigns defaulting on unmanageable debt 1) was part of the accepted rules of the game at the time the loans were made, and 2) that's exactly as it should be. Is IMF member Germany out there fighting to end the IMF's practise of dishing out haircuts to bondholders, as an injustice against people who choose to lend to dodgy economies? Of course not, partly because they would be laughed out of the room if they tried.
IMF gets defaulted on...and then they want to loan more.....is this crazy or what???
It's not about loaning any more. They're going to write it off, at least in part.
It's or what.
Someone has a boyfriend.
Yes. Restructuring but restructuring not in eurozone.
IMF is right.
"Ball is now in Germany's court"
That fucking ball has had all of the fuzz knocked off and it's bounce is all but gone.
Sunday is a new, new, new deadline.
What a sorry ass show. Greece get your hands around your ankles, the pounding will continue!
Cool, but now my head hurts from the pounding and all the goody's gone.
funny because they had different stance until grecce actually defaulted on THEIR tranche. is this a kind of war within Troika? e.g. IMF now pretends it "supports" Greece hoping that it will default on German and ECB parts sooner than IMF parts giving Lagarde it more time and flexibility for can kicking? beggar my neighbor-creditor?
The real message:
IMF'S LAGARDE SAYS DON'T LET THIS SHITSHOW BLOW UP WHILE I'M STILL IN OFFICE
evil Germany!! I will sell my BMW!
"So last night I was laying in bed with my cat Posey (whose entire family was accidentally killed by my father-in-law 12 years ago) and I’m all “Posey’s the only surviving member of his family. He’s like a member of the holocats” and Victor just keeps watching Deadliest Catch and I’m like “Get it? Holocats?” and he’s all “Yeah. It’s a holocaust joke about cats. That’s completely inappropriate.” And I’m like “But it’s only funny when it’s in writing because most people would think I was saying ‘Hall of Cats‘. Because they don’t remember the holocaust.” and Victor’s all “Or because it’s inappropriate to make Jew jokes about your cat” and I’m all “Whatevs, dude. You’re just jealous that you didn’t come up with holocats” and then there was this long silence and I’m all “You’re trying to think up a better cat holocaust joke aren’t you?” and Victor’s all quiet and then sighs resignedly and is all “...Yeah” and I’m like “Good luck, buddy. Because I bring the thunder” and then like 30 seconds later Victor’s all “Posey’s just upset because he remembers Meowschwitz”.
So yeah…fuck me.
Updated: Okay, I actually wrote this post two weeks ago but I decided not to publish it because it seemed more offensive than normal and also because Victor was winning but then all of a sudden it hit me and so I ran into Victor’s office and I’m all “HE’S PROBABLY JUST GRATEFUL THAT HE SURVIVED THE PURRED REICH!” and Victor gives me this angry ‘WTF?‘ look and I’m all “Posey. You know…like the Third Reich…but for cats?” and he mouths “I am on a fucking. conference. call” but I suspect he was just faking it because he just doesn’t want to admit how awesome I am.
Comment of the day: I actually like “Holocats” better than “Meowschwitz.”
Other possible cat/third reich jokes:
– Feline/Frauline = Freline
– Purr/Führer = Pührer
I don’t know. Kitler? Herr Ball? Mein Katf? Catstapo? ~ scott"
- http://thebloggess.com/2009/05/its-only-inappropriate-when-im-winning/
Thought you should know, meow?
Seig Heil! Herr Pussy.
if you're gonna go there, at least be funny...that was lame
You like cats a lot, don't you?
Did you divorce your spouse after the "cathnic cleansing" or did you require him/her to denounce the father-in-law?
Hawlly Sht.. Is that you PKD?
I get it ... you are imitating the movie "Ted" or Ted 2. Not funny. You are a Cockfag.
this is all black magick... treating little pieces of paper with ink as having Great Importance... the debts the magick created are as real as unicorn poo.
and if it had a soundtrack...
I bet it'd be something by Coldplay...
So it was written
So it shall be.
Germany's stance today on Greece appears to be contrary to the telecon Mutti had with Obola a few days ago in which he was reported to have put pressue on her to back off. She's now come back with a vengeance.
If I knew WTF these scumbags were doing I would start a pool but I have no idea what these fucks are up to and I don't think they do either. Someone is seriously in need of a frontal Lobotomy.
Hey, Germany!
YOURE THE ONE THAT DEFAULTED ON THE DOLLAR DEBT NOT GREECE YOU COCKFAGS!
That was a "EUROPEAN liability"...and still is I might add.
Any case...I'm sure someone on Wall Street is more interested in the now "tailings" of investment Banking revenue over there...so "to Hell with the IMF too! Never heard of 'em!"
Unreal...
I'm not afraid to tell you after a 3 drink lunch that I greened you for "cockfag."
I've never heard it before.
I anticipate delighting in its deliberate use.
Thanks for the laugh. I greened you and him.
Same here, I love it. It's up there with "dickbag".
And Cockweasel
Thundercunt & the classic Twatwaffle
I believe it was a very smart German guy who defined insanity as doing the same thing over and over and expecting different results. If he is correct, and I believe he is, then Lagarde, the IMF, and the all the EU governments are all individually and collectively insane. Has the Greek debt not been "restructured" several times already? Have the results not been the same? But, I guess this time there will be a different outcome. Sigh!!!!! Give up already, you European retards. Didn't work before; ain't gonna work now. The EU failed, simple as that. Wake up and smell the Drachma.
COCKFAGS!
Too soon.
The Germans will never learn. Greece should nuke them bastards. That would teach them a lesson.
I see a kind of daisy chain, except instead of everyone jerking each other off, they all have guns to each others heads. Oh yeah, in the center, there is a squid with 8 arms and two tentacles. Each of the 8 arms has a gun, also, and the two tentacles are feeding.
I see the same, basically.
http://tinyurl.com/p5tuues
I mean... not all of it... but a key, core part for many many hundreds of years.
Perhaps it is worth not ignoring completely?
They have guns held to each others' heads --- AND they are jerking each other off. That's the only visual comes close.
One hand on a dick, one on a pistol. I accept your edits. The squid will still feast on it all.
I didn't want the visual but it's spot on. I think you might add that they are all drunk/high and wrapped TNT sitting on a nuke.
Such nonsense, whomever lent them money without sufficient collateral is stuck and the Greeks are stuck to work their own way out of the pit they dug with their socialistic welfares and entitlements. It's rich that they come to the US for money, we don't have any allow our Prez and Congress certainly don't understand that we don't have any capital and it seems no end of the deficits in sight due to OUR socialistic welfares and entitlements.
scher zum Teufel Frau Lagarde
What debtor doesn't "need" restructuring, aka writedown?
If we can't soften them up to Greece, how will creditors respond to restructring other Eurotrash, and then of course ther's that pesky US debt and all those derivatives that could use a little help?
What a drama this IMF is. Such as much as you can, and that is the Plan B. Default is not an option.... default is never an option for small players anyways .... those who got lucky .. they just got lucky
I have to wonder if this is a move where Germany is thinking about pivoting east. Look at where the IMF is headquartered.
The IMF repeats the message. It seems that Merkel's retirement is imminent.
I have posted this before.
USA (IMF) "pays" for all of this before it is all over, and the can gets kicked, again. The Fed becomes the bad bank. But before the Fed itself blows up, it eats all the other debts, keeping the shit show going for a while longer (keeping allies together). BRICS & friends will do the same for theirs.
They will use the same shit as last time like TARP and AIG zombie bailout mechanisms to keep the banks up. The intitials will be different, the mechanisms may work slightly different, but they will do 2008, globally. 2008 was a dryer, micro run.
They will keep interveining. There is no real destruction of the bad or real growth for a while. Supply chains must fail in a lot of places before the can kicking becomes unacceptable. Too many are comfortable with the way things are now for any of it to be very different.
Not a coincedence that Siprass capitulates after talking to Obama yesterday
"IMF'S LAGARDE SAYS IMF CANNOT GIVE GREECE SPECIAL TREATMENT"
So basically EU has to give Greece a haircut ... but IMF loans have to be repaid in full right?
Dear IMF and USA , Germany needs a change of government that much should be crystal clear by now.
The long you delay to act the more USA vital geoplolitic and financial interests will suffer.
Get the fat lady and her cripple out NOW!
Time to make more popcorn !
Is Lagarde related to Caitlyn?
They were brothers, now they are sisters.
They loan them the DS and then talk up the rosy scenario and cook the books. Same template in Argentina - in the early 90s I think. Then the banks exited the bonds and the investors ate the shit sandwich.
This is interesting and I already saw this shift in policy by the IMF when it 'published' the article during the run up to the referendum. While the IMF is clearly following the economically 'sensible' line it obvisouly has its own interest and above all US interest that lead to this paradigm shift. (Geopolitics and competition from AIIB) So in summary we see two parties emerging:
1. Strict austerity with no concessions lead by Germany and backed by other northern European countries and Eastern European countries (who at times only seem to like the EU as a means to protect themselves from Russian agression) and a few southern European countries such as Spain's Rajoy who could wave good-bye to his premiership if concessions to Greece were made.
2. More relaxed austerity approach with increasingly vocal IMF/US and I wouldn't be surprised to find Italy and France in that club getting more vocal too, emboldened by the IMF.
Benefit? Well in German there is a saying: "If two people argue the third person will be laughing" the laughing person in this case would be Tsipras as he can play both parties and his chances of receiving concessions in form of a hair-cut have just increased.
Outcome? It's hard to say at this stage because a lot of political capital was invested by everyone in this mess and getting out of it without losing will be difficult. Merkel has the potential to lose big time if Group 2 wins. If Group 1 wins I think we will see Greece leave the Euro with subsequent consequences, as this runs totally counter to US geopolitical interest and since the US so far still gets what it wants I still see an option 2 outcome more likely. Also because the IMF has a lot of weight in the Troika, even the Germans aknowledged that no bailout programme was possible if the IMF was not on board. But Merkel could still have her way, she sure doesn't seem too intent on sacrificing her political future on this! If Greece leaves the eurozone then it has the potential to become even more expensive for German taxpayer and she could try to argue on those lines to justify a hair-cut. Let's wait and see what Tsipras proposal entails!
Does Mutti know who runs her country? Time for NSA to release the dirt.
So let's get this straight.
Zee Germans launched a war killing tens of millions of people, captured and killed millions of people, turned on their ally Stalin and killed millions of his people, and America and the rest of the allies responded after this war with a 60 percent debt haircut on Zee Germans debt, restructuring much of what remained out much further and at cheaper interest rates then before, and got the benefit of the Marshal Plan.
But the Greeks, who joined a currency bloc, because they had bought and paid for by Zee Germans (and others) politicians who put them there, who because of the stronger currency (to them) harmed their industries (besides the various shut down regulations so they didn't compete with 'other member countries' industries) for the benefit of Zee Germans who got the benefit of a weaker currency (to them), and extended loans to cover this trap laid for the Greeks and other EU nations, who then added debt to their books to bail out Zee German Banks (among others), who stupidly signed on board with this fraud troika and tried their genocidal plans for years....hoping that each 'analysis' of what was to come to be even remotely close to reality (it wasn't).... and now after the fact that the EU's forecasts have been lies lived through, had a democratic vote signaling what the people want.....these people are now on the receiving end of a ton of outright hate, propaganda, and fearmongering from Zee Germans.... on the basis of this Greece won't be allowed debt forgiveness because they are so 'bad, lazy, insert bullshit reason here'?
Yeah I see that totally in balance. So does everyone else. Right?
Glass-Steagall the fuckers!!!! And then....As Billy Ray Valentine once said... "You know, it occurs to me that the best way you hurt rich people is by turning them into poor people."
Well with the racket the Zee Germans have going on, when people finally wake up, Zee Germans are in for a rude awakening, and I don't think they are going to give them much help or leeway.
Great summary of the situation +100!
Loving the way you neatly skimmed over the bit about extending loans to Greece in just a couple of words, when the money recklessly borrowed by successive dysfunctional Greek governments to create a bloated public sector in exchange for votes, despite collecting little taxes, under an embedded political system of privilege and patronage laced with wholesale corruption, actually eclipses everything else in your post.
Shut Up Christopher, oop's, I mean Christine. Why don'y you bail-out Greece? Oh yeah I forgot, the IMF has an empty bank account. You can only pledge other central bank money. Maybe, stay with me now, Germans are tired of working so other country's don't have to. Just a thought.
Tyler, Tyler, burning bright,
Writing bollocks, talking shite,
Forget Greece burning easy money
Let's blame German hegemony.
Tsipras doesn't want a deal
Never did and never will
Conning us with crappy offers
As banks drained away their coffers
Sadly things are now much harder
Thanks, you chubby Che Guevara!
What are they doing? Playing Good Cop, Bad Cop?
No...what they are saying is that the banks won't take a loss....only taxpayers can. Remember, all the crap debt being bought by the ECB is backstopped by governments, who are backed up by taxpayers.
it is shocking to see this articulated so clearly by IMF. Things are getting interesting. The Germans are oportunistic, but not stupid.
xxx
Everyone talks about Greeks buying Mercedes from Germany.How about Germany loans Greece money to buy Leopard Tanks and German Diesel Subs,"TO ANCHOR NATOS SOUTHERN FLANK".Every media outlet craps on about cutting pensions but never comments on the Defense budget,f-16's,and such which are items expensive to operate and maintain.Now that Greece is going down the gurgler can we at least discuss how economics can lead to wars,and how GS and their derivatives have brought Greece closer to the Russians?
Even Turkey has offered them aid and since they are historical enemies,how low can you go?
Military, domestic and/or foreign, on the streets in Greece by December.
Liberty is a demand. Tyranny is submission..
All "Color Revolutions" are really red, white and blue, but mostly white and blue.
IMF is basically a US lapdog. US does not want Greece in Russia or Chinese sphere. The Fourth Reich is too stupid to understand global power politics. My guess is the US will slap the Fourth Reich down, and Greece will get some kind of settlement so it will stay in NATO. Could be a military coup, or whatever it takes.
A military coup in Germany?
I was thinking more of a military coup in Griechenland, but one in Deutschland will also work.
Classic...the banker's bank (IMF) says "our loans are untouchable....Greece needs debts written off, but the taxpayers MUST pick up the tab!"
Gee, what a great world being a money lender these days.
Yes, because now that money creation, let alone lending, requires no real COLLATERAL and NO RISK... thanks to bailouts....
I put forth the proposition that in modern finance, bankers/financiers are nothing but overcompensated fucking middlemen between the printer/computer (where money is created) and the producer/consumer in the real economy.
fuck em. Turn them all into fertilizer.
See Guy Verhofstadt (well known European MP and former PM of Belgium) address Tsipras in European Parliament :
http://www.standaard.be/cnt/dmf20150708_01767923 (newspaper is in Dutch but video is in English) :
That's the kind of fanatics Europeans vote into that parliament, that doesn't surprise me at all...
Did you understand what he said ?
"the German government does not see any reason to grant Greece either a classic debt haircut or any other measures that would slash the value of money on loan to the crisis-ridden country"
Translation, the Greeks can't afford it
and neither can Germany.
Your looking a 2 drowning victims at different
stages of descent.
Germany needs to cancel its membership in the IMF.
Ditto for the US. The IMF and World Bank exist solely to bail out bankers who make risky, high interest loans to uncreditworthy countries. The bankers collect the huge interest payments and the US taxpayers bail them out when the loans go south.
Wait? WTF???
Lagarde is at the service of Obama, and Obama is very generous with other's people money. If he really wants to help Greece it's easy: order Yellen to print 200 billion dollars more and give them to Tsipras.
Obama is in service to Goldman, never forget that.
Whoever told Obama to say "Greece belongs in the EU" is also telling Lagarde to say "Greece needs debts restructured". Merkel is not following the script - I wonder why not.
IMF is a weapon of bankers, using taxpayer funds to bailout coutries which is an indirect way to bailout banks and important investers. IMF is closely associated with US interests. IMF is implying that europe should take a haircut. Merkel is saying screw the banks including european banks and if thier will be voluntary haircutting it can be to IMF if they wish so much to bailout thier banker friends.
Responsibility, pain, discipline, pride, Germany - what is hard to understand.
'Your moment has come, Mr Tsipras, take back control of your country' - UKIP leader Nigel Farage - ‘Leave Euro, retake democracy!’
https://www.youtube.com/watch?v=94UcyJnRcGU&feature=player_embedded
New meat here. I wanted to take a moment to thank so many of the posters for helping in my deprogramming, which is ongoing. The education I've received by proxy is truly amazing.
I've been following the Greek debacle since May, and although there were moments that I felt there might be big changes in Greece, I always had a nagging suspicion that it was all theatre and the status quo would win the day. Seeing Tsipras sell out go back begging confirms this, and that TPTB have the situation "under control". Just enough suffering to remind the rest of us not to buck the system, and remain complacent in our debt chains.
I hope I'm proven wrong, but at this point I am cynical enough to think that ANY outcome is the one that was "pre-selected".
It would help if everyone knows what Tsipras now knows.
We might understand his behavior a lot better.
My guess is once he realized the world class game of chess being played here, it was in his best interest to play along.
Probably got that same "Tanks in the Streets" speech.
And when Greece gets their cookie they'll want milk. Now if your Italy, Ireland or other PIIG what signal does that send . . . hmmm I think my 2 year old dog Figaro can connect those dots.
Wouldn't it be interesting if Germany dumped the Euro...
the Euro was introduced to contain/integrate Germany (as a precondition to reunification). Not sure what the UK's position was at the time.
What the IMF wants is for Europe (actually Germany), to take a giant haircut so that the IMF can get 100% of its share.
Basically, Lagarde is following the blueprint expressed here: http://www.atlanticperspective.com/home/-the-definitive-solution-to-the-greek-crisis
.
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"Debt Restructuring"?!?
MEH.
FIRST THIS: https://www.youtube.com/watch?v=P84tN0z4jqM
Bitch Slap courtesy Guy Verhofstadt.
You won't let me leave and you won't take a haircut. WTF you want me to do!!??
time for the IMF to insist the US needs a debt restructuring too
If there's any logic on this, IMF will help any and all countries needing debt restructuring.
C'mon USA, it's now or never!!!
Chrissy is seeking to protect La Belle France from the inevitable.
Listen IMF orange tan sprayed cunt. Goto your eLibrary and look at the facts. Will you block me as a registered user because we catch you in the lies? Suck my dick Lagarde.
http://data.imf.org/?sk=7CB6619C-CF87-48DC-9443-2973E161ABEB
It really would have helped if the referendum was realisticly worded.
The Greek people voted no to austerity, but keeping the euro. A contradiction. Nothing has changed.
The referendum should have been about returning to the Drachma and abolishing all debts, public and private. Then Tsipas would have a mandate!
When the scumbag IMF head Dominique Strauss-Kahn said the same things his replacement Lagarde is saying about Greece (they can't afford it), about Ireland, he had an ongoing vendetta launched against him immediately, starting when he was honeytrapped in New York (the scumbad fell right into it).
What's Changed?
Or does his replacement now have to be very careful what liaisons she has while staying on expenses in hotels, and when going to parties where sex may be involved?
Just as Germany got debt relief of its WWI and WWII debts in 1953. Debt reflief by countries like Greece and others whose poplutations were decimated by the Germans in both these wars. A good deed never gets unpunished.
2 reasons why the US gov will be involved in Greece
1) Paranoia about Russia
2) Congress asswipes don't want their portfolios going down on GRexit