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Varoufakis' Stunning Accusation: Schauble Wants A Grexit "To Put The Fear Of God" Into The French
Earlier we reported that Yanis Varoufakis, seemingly detained by "family reasons" would be unable to join his fellow parliamentarians and personally vote in what is likely the most important vote of Syriza's administration: the one in which he and his party capitulate to the Troika and vote "Yes" to the proposal he and Tsipras urged everyone to reject just one week ago.
Subsequently, it was made clear what these family reasons are:
The self-described “erratic Marxist” will be on the nearby holiday island of … Aegina. In fact, he Tweeted that he reason for his absence is “family reasons”. Nevertheless, two hours before his Tweet was posted, the once obscure academic was spotted on the ferry boat “Phivos”, headed for Aegina, where his wife owns a stylish vacation home.
The author of the “global Minotaur” nevertheless sent a letter to the Parliament president saying he would vote “yes” for the proposal, although the letter will not be counted, given that Parliament regulations stipulate that only deputies on official Parliament business are allowed to cast votes via correspondence.
Judgment aside about his decision to take a holiday from a vote that his strategy guided Greece into, it was clear that he has Wifi on the ferry because this afternoon, While V-Fak may well have been in transit, the Guardian released an Op-Ed penned by Varoufakis titled "Germany won’t spare Greek pain – it has an interest in breaking us." Readers can read it in its entirety here but here is the punchline:
This weekend brings the climax of the talks as Euclid Tsakalotos, my successor, strives, again, to put the horse before the cart – to convince a hostile Eurogroup that debt restructuring is a prerequisite of success for reforming Greece, not an ex-post reward for it. Why is this so hard to get across? I see three reasons.
One is that institutional inertia is hard to beat. A second, that unsustainable debt gives creditors immense power over debtors – and power, as we know, corrupts even the finest. But it is the third which seems to me more pertinent and, indeed, more interesting.
The euro is a hybrid of a fixed exchange-rate regime, like the 1980s ERM, or the 1930s gold standard, and a state currency. The former relies on the fear of expulsion to hold together, while state money involves mechanisms for recycling surpluses between member states (for instance, a federal budget, common bonds). The eurozone falls between these stools – it is more than an exchange-rate regime and less than a state.
And there’s the rub. After the crisis of 2008/9, Europe didn’t know how to respond. Should it prepare the ground for at least one expulsion (that is, Grexit) to strengthen discipline? Or move to a federation? So far it has done neither, its existentialist angst forever rising. Schäuble is convinced that as things stand, he needs a Grexit to clear the air, one way or another. Suddenly, a permanently unsustainable Greek public debt, without which the risk of Grexit would fade, has acquired a new usefulness for Schauble.
What do I mean by that? Based on months of negotiation, my conviction is that the German finance minister wants Greece to be pushed out of the single currency to put the fear of God into the French and have them accept his model of a disciplinarian eurozone.
He does have a point: Recall "Forget Grexit, "Madame Frexit" Says France Is Next: French Presidential Frontrunner Wants Out Of "Failed" Euro." So perhaps making an example of the social collapse that would result from a Eurozone exit, would be seen a good lesson for French voters ahead of the 2017 French presidential elections in Schauble's mind
But is Varoufakis right? Perhaps ... but also recall this from the FT in 2014 recalling Europe's first formulation of Plan Z:
To the astonishment of almost everyone in the room, Angela Merkel began to cry.
“Das ist nicht fair.” That is not fair, the German chancellor said angrily, tears welling in her eyes. “Ich bringe mich nicht selbst um.” I am not going to commit suicide.
For those who witnessed the breakdown in a small conference room in the French seaside resort of Cannes, it was shocking enough to watch Europe’s most powerful and emotionally controlled leader brought to tears.
But the scene was even more remarkable, those present said, for the two objects of her ire: the man sitting next to her, French President Nicolas Sarkozy, and the other across the table, US President Barack Obama.
Greece was imploding politically; Italy, a country too big to bail out, appeared just days away from being cut off from global financial markets; and Ms Merkel, try as Mr Sarkozy and Mr Obama might, could not be convinced to increase German contributions to the eurozone’s “firewall” – the “big bazooka” or “wall of money” they believed had to grow dramatically to fend off attacks by panicking bond traders.
Instead, a cornered Ms Merkel threw the French and American criticism back in their faces. If Mr Sarkozy or Mr Obama did not like the way her government ran, they had only themselves to blame. After all, it was their allied militaries that had “imposed” the German constitution on a defeated wartime foe six decades earlier.
“It was the point where clearly the eurozone as we know it could have exploded,” said a member of the French delegation at Cannes. “It was the feeling [that with] the contagion, at this point, you were on the brink of explosion.”
Will this time Merkel risk the explosion of the Eurozone with her own actions: her biggest historic legacy? Probably not, and while Schauble has much sway, it is still Merkel's word over his.
No, Varoufakis may be right about Greece being made an example of (unless he is merely trying to deflect blame from himself for putting Greece in this position and for conspicuously avoiding voting for a plan he himself derided untilt the end), but the one person who will decide the future of Greece in the Eurozone is neither Schauble nor Merkel but Mario Draghi, also known as Goldman Sachs. Because if Goldman wants more Q€, it will get more Q€.
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I had my one and only BSA in high school it never gave me too hard of a time. However, back then there plenty of guys that could work their way arond the Brits OK. Cool looking bike....just loved it...I bought it for around a grand and sold it for around a grand. Nowadays, I think a teenager would pay a grand just for the insurance.
Ha! Many years ago while residing in wonderful Deutschland, I sat in a small cafe having a beer with a friend when we saw this pack of young men (I was also a young man then) fully decked in leathers and carrying motorcycle helmets. Ronnie and I looked at each other and decided to go check out the "hogs" that must belong to these well dressed gentlemen. On exiting the cafe we were stunned and confused for what did we see parked in front ot the cafe but a dozen or so SCOOTERS!. Ronnie and I busted out laughing. The type of laughter that brings tears to your eyes and make it difficult to breath. I had barely contained the spastic laughter when we walked back in to the cafe and upon seeing the well dressed "bikers" I could not help myself; I elbowed Ronnie and at full volume announced "Look out, is the MOPED GANG"; which got two results, one, Ronnie fell on the ground laughing and two, the aforementioned gentlemen took offense at our laughter (no idea why /s). At the end I ended up buying a round of beer for them. Two reasons; I wanted to keep drinking there and was not really in the mood of having my face rearranged. Still, this many decades later, I can't help but bust out laughing every time I remember that the "MOPED GANG" is probably still roaming the dangerous streets in Germany.
And I laugh every time I see all the "bandito" bikers here in the US riding around all dressed up with tassles and shit, with pony tails! LOL! Oh! And they have to run around in packs!
Never really feel so insecure that I have to play dress-up, nor to have to put down others in order to look/sound more manly.
I'll let you all get back to your social pecking order shit... What a bunch of fucking hypocrites!
France is a basket case.
Did you mean baguette case?
A basket full of half eaten and stale baguettes
A baguette is a ROD. Do you eat rods?
(You certainly do not understand French.)
You can junk my post all that you want. ..(IF YOU DID. It just may be a trouble making troll)
If you did not junk it then PLEASE DISREGARD.
But in the case that you did...
First it will not change the meaning of the word, baguette.
Next it will not change the fact that you do not understand French.
And finally it will just demonstrate YOUR STUPIDITY, rather than an innocent ignorance, as you refuse to be corrected when provided with factual evidence.
And that is what that junk demonstrates.
Does anyone but the French give a shit about France? Those crazy motherfucker are not sure why their Muslims embrace jihad. Who but a bunch of liberals would not take the time to read the Koran. Jihad in print.
France is done.
And..So is the rest of the World...including your World.
We are all cooked.
I know that you do not care about another's plight.
That is fine. It is the attitude that will serve to condemn you and the rest of Humanity to Thermonuclear War.
Really you are no better than those jihadists. (They are also Dead Men walking...) Everybody is equal...IN HELL. That is where you are headed...along with me and 7 Billion other people. Everybody is equal in the grave.
And all that you have done is for naught....meaningless, void, and empty.
Who you calling a mother fucker assshole ?
Parlez vous Francais?
A corbeille is a wastepaper basket.
Le France est un cas corbeille is a literal translation of France is a basket case...as France is in a Trash Can as far as their finances and sovereignity is concerned.
You may also want to use Google Translate as you do not know French.
But then you end up with the translation for France is a case of a circumstance of hopelessness or despair.
La France est un cas désespéré
Yet I do not speak French so what do I know?
you sure don't know much, you are so full of merde.
Clearly you are the one using google, dipshit . pardon my French.
To borrow from Tyler, “This is France, and it’s ending one minute at a time.”
Truth is treason in an empire of lies.
I hope this guy isn't planning on doing any home improvements...
Marine Le Pen has been in the news lately for meeting with Jewish leaders and for beating the courts. She's probably smiling at this.
Well Varou is right.
LOL! Mutti pulled the crying Woman thing on Obama and Sarkozy? Too funny.
Nigel Farage said the Euro was the new Berlin Wall - well the E.U. is the new Blitzkrieg!
The Germans won't need any tanks, just their banks to roll past the French Maginot line!
eb
The Germans didn't roll past the Maginot line- they just drove thru Belgium.
Correct. I meant it in the figurative sense.
No Stuka's, just Schauble's ;-)
I guess a 61% public vote really means nothing! How this plays out in their Parliament and then on the streets will be interesting to watch!
I'd like to hear how it was that Varoufakis got Greece into such a position. I'm not sure where the author is coming from there.
Agreed. Tsipras should take the blame if anyone. Remember, the last thing Varoufakis said was that they should nationalize the banks and issue scrip. And I agree.
Why does anyone take these guys seriously anymore? They are wealthy self described 'erratic Marxists', or in plain language ASSHOLES.
It's over. Greek..... Orthodox is more Russian than Uruppean. Now the Anglozionazi Empire of Chao$ must plan B and eat the next little fishy on the line!
Onward to the collap$€!
But the pope will conquer Europe.
how does the holy see do that, Knights of Malta?
or, holding the "pineal gland" on his ferula?
In this den of thieves and liars Varoufakis is, I suspect, pushing his luck.
He needs to be careful whilst on holiday, bad things can, and do, happen,
He will be fine. His Mini has airbags, nobody owns guns and more importantly nobody gives a shit about this cocksucker. Why risk an arrest/imprisonment over a shitheal like this?
Go back to bed. Let us know when you wake up sober and laid!
Yeah, evertime I wake up in the morning and have sex with my wife the first thing I wanna do is post about it on ZeroHedge. Right after that I stare at the Y-Anus poster on the ceiling of my bedroom.
He had no game, just theory.
His problem was a boss who was congentially disposed to surrender.
He is of course right. The front page of the Wirtschaft Woche website reads - THE GREEK PROPOSAL IS A JOKE.
(Die griechischen Reformvorschläge sind ein schlechte.)
http://www.wiwo.de/politik/europa/griechenland-krise-dieses-europa-ist-n...
They sell his book on game theory on the fleamarket now..
In other news, here's what affirmative action appointments gets you
http://www.washingtontimes.com/news/2015/jul/9/fed-data-hack-reached-sta...
You would think that running a country would be enogh for these ego-maniac's, but they need to think about their legacy?
Leftists can't think.
So, go ahead, tell me once again what bad people those fascists and NS were.
They are/were truly modern day saints.
Ok, I'll bite.
You know that fascists and NS (hmmm, what does the "s" stand for...?) were/are "leftists" right?
You see, this is how Newspeak deforms honest discourse.
oh the irony
the germans don't just want a grexit, they want a hideously painful grexit, the most disorderly masterfully agonizing soul wrenching grexit they can get.
Exactly. Because if Greece gets a deal, then Portugal and Spain will want the same. So if Greece suffers a depression after leaving the Euro then perhaps no other country will want to do it.
Make an example out of them!
Fuck, man, this shit's all Greek to me.
The fact that 18% of their GDP goes to pensions is not something that happened overnight. Overpromised and now they can't deliver. Sounds like USA
Varoufakis resigned so he can speak freely. He knows, after a few rounds in the fiat arena, the powers that be are too powerful to implement 'hope and change'. Maybe he should write a novel with Obama titled
Nailguns & Haute Finance
dammit the picture screams CAPTION CONTEST!
LOOK AT MAH TITTAYS! I'M DEAD SEXY!
I'm too sexy for this car
Too sexy for the boat
Too sexy for the vote
Too sexy
AWESOME!
https://www.youtube.com/watch?v=YFmsgHfuXpA
Uncanny, no? Pretty sure Y-Anus will be hitting the gym soon.
Uncanny, yep, that's the word for it. It looks like they were separated at birth or something.
I always thought Yanis was the smartest man in the room - that's why they had to get rid of him.
Perhaps he returns as PM.
"The self-described “erratic Marxist” [Varoufakis] will be on the nearby holiday island of … Aegina..."
and:
"...the once obscure academic was spotted on the ferry boat “Phivos”, headed for Aegina, where his wife owns a stylish vacation home."
Wow. who-da-thunk a Marxist would have a stylish vacation home on Aegina while Greeks are now living on the streets.
Neo-marxism
I rather fancy it's yet another example of socialist gross hypocrisy.
I recall that in the months leading up to a vote in the UK For/Against changing the voting system from FPTP to PR, the betting was that PR would win and this would have required a large purchase of vote counting machines.
None other than Neil Kinnock (aka "The Welsh Windbag" - why use 10 words when you can use 100), a very left-wing socialist and ex leader of the Labour Party, invested large personal sums of money in shares of the favoured counting machine supplier.
As it happens, PR lost the vote and he didn't make the huge profits he hoped for. What a pillock.
He had a job as Professor, around the world.
A job, most politicians don't even know what that is.
It's obvious the French are shitting baguettes over this.
What a predicament! Greece really wants out, Germany wants them out and the other EU members wants a stay of execution for obvious reasons.
What a pickle they find themselves in.....
The quote by UK,s Willliam Hague of "Europe will become a burning building with no exits" is so true.
I'm loving this....
If Germany wasn't controlled by the NWO they would get out. The ex STASI informer in charge can't even think about it.
Helluva lot to that argument. I've wondered the same for a long time.
Marxists always lie, whether they're murdering or an a murder holiday. Syriza uses the financing to promote its power. What is so hard to understand, or even predict?
Schauble still doen't get it . Most nations of Europe have a huge problem with debt . Every yeat they accumulate more debt . So this is an existential problem of this sick Union based on idiotic principles like : renouncig to print their own money ( free of charge and without interest ) for the dubious pleasure to be part of the sinking Titanic .
being part of the Sinking Titatinc means to go to the market and pay interest to the banks ....... who are the winner of this sharade .
Schauble ..... go back to school .... you know fuck all about the fake science of economics ..... and it is true you must be a bit retard ..
Notice how conspicuously absent Goldman Sachs has become whenever an article on Greece comes out? Goldman Sachs should exit the EU, and banking all together given their collective incompetence with the Eurozone membership in it's entirety, but especially in terms of Greece.
We all know that Greece should not have been permitted to enter the EU to begin with, and we all know that it was Goldman Sachs that botched the books to enable Greece to get reamed up the wazzooo today. In point of fact, Goldman Sachs is the taskmaster tyrant of the entire World when it comes to all this corruption we are all witnessing throughout the Global village. It's time to call Goldman Sachs out on the carpet for the beating they most assuredly deserve. Greece has been taking the beating that Lloyd Blankfein earned years ago IMO.
Which in effect makes Geece the whipping boy for all the faults of the EU. Greece would be better off if it left the EU.
Just curious; What makes you think Goldman fucked up?
This is all according to plan- and it's working, perfectly, from what I see.
It's a debt trap. The only way to play is to go ever deeper into debt.
We could discuss unicorns and skittles and space aliens, but our major failing is in not understanding the exponential function.
There was never any way to extend a debt-at-interest monetary system in perpetuity.
So, if you happen to wind up in a position of power at the end of a credit expansion, your last best hope is to kill off the debtors, take their shit and start the game all over- again.
It's evolved to the point that they don't need physical war, simple starvation will do the deed. And, as always, it takes two to tango.
29 successive business quarters of contraction has led to World War Three at the behest of nations that are overleveraged due to bankster largesse in terms of QE. America is attacking China, Russia, and Ukraine. China is launching cyber attacks as is America, Russia, India, and Japan. They might not need World War Three, or want World War Three, but they are going to get World War Three none the less. Moreover, you neglect to see that all the top investment banks are at war with hundreds of countries throughout the World.
Nothing has 'evolved' given devolution March 10th @ 11:00am 2008 Bear Stearns New York City time.
Brother, I get you, I know fkn good and well that bidness as usual is at its' end.
Goldman sold some duh-riv-a-tives, and re-hy-poth-a-cate-'d some metals. They were/are makin' money, baby. They'll let it burn!
Thank you for reminding how important Cannes november 2011 was for the EZ crisis and for AMerican plays in the ME crusade (Q-daffy done and Assad on blueprint!). I've amply written on that here.
Now read what I wrote about the Crusades repeating. We are heading for another Guelf Ghibelline war in Europe over Mutti vs the others (US global finance + US Crusade vs Jihad in ME all for oil)/
6297016
I'm starting to have a man crush on this guy...
That's gay.
It's okay to be gay. TPTB insist upon it. Being straight is so antiquated, and in fact unnatural. In a world dominated and run by Luciferians - embracing homosexuality is the norm. Jesus said his Kingdom was not of this world. Lucifer offered him the World if he bowed down to him. Jesus declined. He was crucified. Others bowed down, and they rule this World - but not the Kingdom of God which lies beyond. In a nutshell -that is history, the present and the future. Realize and take this to heart if you believe in your own eventual Judgement Day.
But entirely legal...
Legality and morality are not mutually inclusive. They are separate concepts.
That which is immoral may be legal, as in legalized plunder of the US Treasury by the FRAUDING Banksters, and that which is moral may be illegal...or become illegal and subject to the Death Penalty, by guillotine, as in the practice of the Christian Faith.
Yes..Selling franchises to Guillotines~R~UsTM does have an certain irony about it.
If Doctor Guillotin can be executed during the Reign of Terror by one of the devices which he modified by angling the Blade, then I guess that I will also deserve the same.
Be careful for that which you wish upon others as it may come right back and tear you a new asshole at times...or even end up decapitating you.
He's playing game theory and making accusations from the grave. YV is like all economists - they don't get it. This isn't a debt issue, this is a money issue. The money that backs debt is fiat and only has value by decree. When that value is lost - when the faith is lost in the ability to issue credit and pay it back is gone - it's game over.
There is no faith that Greece will pay, hence why they can not use a currency. Thus the banks and markets remain closed - no faith equals no value. There is no value to the Greeks using their current sysytem.
This is just the beginning of the end of the fiat based currency system. The trust is gone and unravelling fast. Therefor Schuable doesn't need to put the fear pf God in France because the fear has already set the global banking system on fire.
SILVER IS MONEY - BUY SILVER
Yep, As i stated: they just want the remaining asstes. And looks like they are going to let themhave them for "nothing"..
They always tell the truth after they're gone.
New extra strength OxiClean...wipes away all memories of a referendum just a week ago.
oh, yeah, this marxist parasite scum bag is really credible
especially compared to the highly successful and respected minister of finance of the world's most propsperous and stable country
LMAO
LMAO
LMAO
You don't get it.
Both of them, Shuebie and Varu, are marxist parasite scum bags. One of them holds a better hand.
Ever played Asshole?
So Goldman has the final final last say. Goldman has cornered the Central Bank Market and reigns above the Sovereign. WHO ARE GOLDMAN SACHS? Probably Goldman = NSA, MIC, GCHQ, BOE, FED RES, RBA, etc etc and so it's up to them WHO BOMBS SYRIA etc All them Military Contracts. It's NOT FAIR!
The promoters of Syriza had a severe case of Dunning-Kruger syndrome. And Syriza is feeling soooo Schadenfreude toward their ward; the Greeks.
What is with this site? Half of my time is a Yahoo search of these cryptic references like the above, or even the shorthand alphabet soup that users throw around. Please say it short, sweet and simple.
Here better'n four years and I'm still looking shit up. You'll figure it out over time.
The problem with "Europe" is there is no hope that things can ever get better. The % of income used to pay taxes and service debt is already at absurd levels - and that means an ever-increasing % of money is flowing OUT of the economy.
Their only hope is to issue new debt at double-digit NEGATIVE interest rates. I suppose that - in multi-decade deflationary holocaust that might be a good investment (better an annual loss of 12% than an annual loss of 75%).
If you're old - you want the status quo to be cemented in perpetuity. That means that - if you're young - you're only hope for a happy and prosperous life is to flee the continent.
"Europe" - Where everyone is poor and homeless and running around chopping each others' heads off SM
And worst of all - this is as good as it gets. From here on out, mathematics dictates that things will get worse and worse and worse and worse and worse ....
Notice that Gov-Co (Brussels) is no longer even pretending that there's a chance that there is ieven a possibility that growth can return to the continent. All they can do now is pray and hope that the speed of the aceleration of the collpase slows down a bit ... long enough for the Eurocrats to flee the country.
This arrogant bustard Schauble does get it. He knows that everybody hates him, Brussels and the EU and the only way he can reinforce his "EU plan" is to bring in the fiscal Gestapo. Is he already building gas chambers? Farge didn't put it like this but Schauble is a useless cunt and Merkel is the other version.
I guess he didn't like the idea of being traded for Ricky Martin, Rosie Perez, and a 9th round draft pick.
Varoufakis, the filthest liar of them all. He'd vote for the EU proposal according to the above quote.
Looks like ZH has turned into the Y-Anus fan club. I thought the Putin love was just a bit of puppy love...but this Y-Anus affair is just unbriddled lust.
ZH went full on collectivist retard long ago. Happen right around the time of that astro turf Occupy mindfuck. I guess somebody forgot to invite me to the drum circle. And here I was ready with my Che shirt I got from Hot Topic. :(
I admit to a Putin fetish. But I got pretty cynical when my Irish decided to suck cock instead of going icelandic. Had hopes for greeks to Go Greek on Europe, but nope. Kinds pisses you off over time.
But we root that somewhere, somehow, someone fucks up the entire US Nazi war machine.
Because this boil eventually has to be lanced, and it's going to hurt like a fother mucker.
What the fuck. Merkel cried?
Why women should not be in politics.
Seriously what the fuck is going on. Cry seshies? Shit needs to get done. Thank god Schaeuble is around.
kind of reminds me of crying John Boehner
guess guys should not be in politics also...
hmmm
Greeks are stupid.
In a nutshell.
France will fold into Frexit just as they did in 1940. Then we'll be in the Finals, once again.
the fear of god
MOAR bankster war
coming to
a hoodie
near you
My impression is that the Germans wanted to kick Greece out years ago when the crisis first erupted. But Turbo Timmy scared them with talk of contagion so they relented and proceeded to erect some bulwarks against contagion. Now worries about contagion are gone and Greece is asking for still more money, so they are proceeding with what they wanted to do all along.
Europe is falling apart - nice "unity" they got going there, LMAO. What a joke - they wanted to turn the Greeks into Germans, hahaha - what they have been smoking over there in Brussels? The Greeks will never change! Either accept them as they are or part ways... this circus is unbelievable.
They wanted to destroy Germany, again.
Germany, mein Freund, has had a dastardly bad habit of destroying itself. And they may yet do it again.
Syriza is much like the American Democratic Party where they cry and gnash their teeth on how much the GOP is slashing programs (Austerity) for the People and pushing grandma in her wheel chair over a cliff. For you foreigners, the GOP has never decreased the central govt's deficits by one single FRN.
Commie rat running away while talking out his faggot ass. Wild speculation to deflect and nothing more.
Varoufakis is a clown.
Every time I see this dude, I think of Johnny Chimpo for some reason.
Because within that closed hand is a missive pile of shit that is about to be flung upon you.
They just want the remaining assets.
The premise of the post is wrong. Schauble want Greeks enslaved and continue extend and pretend so Euro is weaken predicting Greek default in the future. Grexit would strengthen Euro not weaken it. Look for FX reaction to Grexit talk Euro up vs dollar.
Grexit, Spanxit, Portxit and definitely Italxit would double euro value vs dollar catastrophe for German exports, life line to Germany since domestic demand is flat or deteriorating.
Tsipras could play his ace but he is no poker player just faker similar to A. Papandreou in 1974.
Just to add. That's why Draghi prepared massive QE to cushioning the surge of the Euro vs Dollar due potential Grexit.
Also FED rhetoric of interest rate liftoff serves purpose of balancing FX while EU is disintegrating.
Allof it in the massive German interest on both sides of the pond. Yes, Germany has over 2 trillion dollars invested in the US practically tells FED what to do.
It's not wrong.
Schaeuble doesn't care about German exports. He wants discipline.
Just relaxing in his dacha...
https://s-media-cache-ak0.pinimg.com/736x/52/3f/44/523f443eefe0fecab5f63...
Must've been at a topless beach, those are the tits I normally see at them.
Tell you the truth I'm fucking Greeked Out!!
Going overseas baby why don't you come across.
Signing off from PAGO PAGO,,,
Comments from Combat Snoopy are mum until General Woodstock releasese the gag order.
On 7/7/2015
"Fuck the EU...and Greece, and France, and Italy, and Spain, and Portugal!", Ol' Vikki Nu declared to the world. "We will not tolerate those that challenge international norms!!"
{edit} fuck, down to my last eight pistachios...and they aren't even cracked!
It's an interesting hypothesis: that there's a boatload of unsustainable debt on the balance sheets...is not in question, it'snhow to deal with it. NOT dealing with Greece - or agreeing to Creditor terms - is not particularly helpful, neither for Greeks, nor for National Accounts. ..and more to the point, papering over Greece now only delays the inevitable problem which some other country will provide - Schaueble says France, I think that's a man who tends to see the world from a financial standpoint's perspective, I think the next flare-up will be in a large country and be accompanied with social unrest. And I don't think the Eurozone will have anything like the resources to handle it, nevermind the imagination.
Jack Welch invented "Win Win". I think he'd tag this a "Lose Lose".
A mini cooper probably isn't that bad a choice of car if you're getting on ferrys all the time
Creditors are offering 74b euro. So if you can't pay for 240billion you should be able to pay on 314billion.
http://news.yahoo.com/creditors-positive-evaluation-greek-debt-proposals...
Varoufakis doesn't know what he's saying anymore.
The French PTB are not even considering getting out of the euro. Not anymore than the Spanish, the Italians or the Portuguese. You need to vote in the proper parties for that, and that is far from done.
Actually, the biggest danger to the EU can only come from the UK. THEY have a referendum on exiting the EU lined up for 2017.
I mean, if the EU survives that long.
the French are at the mercy of a broke Socialist unemployed young angry Muslim mob.
Mel Brooks, you can make this into your most famous and best comedy - do it.
Vive La Allemande!
Spoken like a true German telling the truth about the "Frogs"!!!!
Nigel Farage's moment of clarity..
https://www.youtube.com/watch?v=94UcyJnRcGU
The man sounds like Winston Churchill. Best 4 minutes I've ever heard.
www.truthinaccounting.org
America is a broken ponzi scheme just not as ugly as Greece or France or Italy.
Thank goodness for term limits because Obama would surely bring the end sooner than later...
And thus the political contagion festers. Keep it up Yani, with your victimhood angle. You are the perfect vector to spread the disease.
amygdala, i think your almond-shaped cerebellar grey matter just got a little too excited. Take a deep breath! It will calm the nerves and your limbic system.
Indeed. I gotta stroke that little sucker every so often, keeps it happy. Cheaper and safer than meth, too.
Bout time these EU Countries are starting to realize that the EU and the ECB have hoodwinked them into unsustainable debt and they are mere puppets to the Central Planners. Got to give ZH alot of credit for undermining their motives which BTW may very well start a civil war... Got to say Nigel was right all along
Not that I would give much credibility to what Jimbo's sayanim bozos have to say...but as the SS Urupp plows forward to the inevitable Eisberg....
The name Titanic was derived from Greek mythology and meant gigantic. Built in Belfast, Ireland, in the United Kingdom of Great Britain and Ireland (as it then was), the RMS Titanic was the second of the three Olympic-class ocean liners—the first was the RMS Olympic and the third was the HMHS Britannic.[5] They were by far the largest vessels of the British shipping company White Star Line's fleet, which comprised 29 steamers and tenders in 1912.[6] The three ships had their genesis in a discussion in mid-1907 between the White Star Line's chairman, J. Bruce Ismay, and the American financier J. P. Morgan, who controlled the White Star Line's parent corporation, the International Mercantile Marine Co. (IMM).
The White Star Line faced a growing challenge from its main rivals Cunard, which had just launched the Lusitania and the Mauretania—the fastest passenger ships then in service—and the German lines Hamburg America and Norddeutscher Lloyd. Ismay preferred to compete on size rather than speed and proposed to commission a new class of liners that would be bigger than anything that had gone before as well as being the last word in comfort and luxury.[7] The company sought an upgrade in their fleet primarily in response to the Cunard giants but also to replace their oldest pair of passenger ships still in service, being the SS Teutonic of 1889 and SS Majestic of 1890. Teutonic was replaced by Olympic while Majestic was replaced by Titanic. Majestic would be brought back into her old spot on White Star's New York service after Titanic's loss.[8]
The ships were constructed by the Belfast shipbuilders Harland and Wolff, who had a long-established relationship with the White Star Line dating back to 1867.[9] Harland and Wolff were given a great deal of latitude in designing ships for the White Star Line; the usual approach was for the latter to sketch out a general concept which the former would take away and turn into a ship design. Cost considerations were relatively low on the agenda and Harland and Wolff was authorised to spend what it needed on the ships, plus a five percent profit margin.[9] In the case of the Olympic-class ships, a cost of £3 million for the first two ships was agreed plus "extras to contract" and the usual five percent fee.[10]
https://en.wikipedia.org/wiki/Passengers_of_the_RMS_Titanic
Onward me hearties to the collap$€!
Origin of the name Angela:Latinate form of Angel, a name derived from the vocabulary word angel (divine messenger, a messenger of God) which has its root in the Greek angelos (messenger). Var: Angela, Angele, Angella, Anngele. Pet: Angie.
JP Morgan... bUSine$$ as USual even back then
https://www.youtube.com/watch?v=qRfiI2tiXQg
Varoufakis for PM.
Somebody had to say it.
From personal experiences - residing in Mexico- I'm not sure how well NAFTA is working - from the Mexican side of things anyway.
Perhaps each nation should just fend for themselves.
NAFTA destroyed the Mexican corn farmers. They headed north in droves
dup ?
dup again ??
I was marking up the original comment, by accident, here.
I wanted to say:
"You aren't suggesting open and free markets, are you? Oh the horror!"
A default and exit has always been the better deal.
JP, you must be so hedged to say that. Good for you.
Gosh JP, why would you have that ugly avatar? He is your sock puppet, you say? That new one, Janet, she's a dandy.
I always wonder about you and Goldman. If you two are at the top of the pigshit pile, and you are all hedged and stuff to benefit from the collapse, how do you deal with counter party risk? Gosh, if eveyone owes you and can't pay, well, what then JP? What then?
[By the way, I love volley ball, the set, the spike...]
Then again, perhaps the people will realize that they don't need to be associated with any group that outright states they want them in fear.
And just who were the clowns that invented the EU to begin with? The same dipshits that want to join the US with Canada and Mexico? "Look!!! We have 30% of the world grouped together!! Onto enslave Russia and China! This is great!"
This Canadian doesn't want anything to do with lying two faced Washington, Pentagon or the terrorists in Langley Virginia, the sonner they are dissolved the better.
Mexico is OK.
Maybe Canada and Mexico should become one country.
Hell, I live in the US and don't want anything to do with the US. It's actually the clowns in charge that are the problem. Goes way past our spokesperson.
How about a European ZH just for grexit related posts? Fuck you you bond trading speculators and take your fucking medicine already. I am really am sick of hearing about how you need to be made whole because we have been hearing about this shit for years now and no one else in the world who isn't hedged could give a fuck less. Hey bond holders, you will lose.
Greece wins this escapade on monetary history. The best one is that they are asking for German war reparations from WWII. That is pretty creative I must admit. You dipshits lent them money and they are not going to pay you back. You bought bonds because of the potential for "high yield" but the high risk. Good luck. You bought junk and now you lost it. You don't see me in the casino tonight. You lose you lose.
Let's cut the shit already. Who has the gold and the silver? That is all you need to worry about.
The only hedge I've got is a bit of a pile of silver and less than a pound of gold (working on it)...along with a bit of mattress money for the interim. Thinking of getting solar and being done with electric bills. Anyone experienced in this?
I'll forgive their debt so long as they send me their pretty hairy women!; I like them un-shaved.'
SH
First attribute I look for is respiration. We might be twins.
i'll give them the shave that they deserve! If you have not had a few pubes stuck between your teeth, then you are really missing out!
Peace out Homies!
SH
Yep, we're long lost twins. Hey, bro!
At least in my case I can spit my teeth out to clean them.
Greece, the birthplace of democracy has just killed it, and now that will be written in history
Yes, a tragedy for the Greek people.
They need to hold a referendum on this latest proposal. It will get the same OXI as the nearly identical proposal a week ago.
This guy just sounds like a fucking blowhard.
Yeah, he pisses off everbody, resigns then can't keep quiet.