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Putin's Latest Thoughts On Greece And A Greek Exit From The Euro

Tyler Durden's picture




 

Earlier today we showed one, less than official, interpretation of what may be going on in the Kremlin at this moment. And since a Grexit, despite Friday's relief rally, suddenly seems all too real (even if it is a "temporary" one, which by the way was first suggested by Hans-Werner Sinn back in 2012 which means that the "hard money" is now running the show in Europe) the topic of just what Putin thinks about Greece in European limbo (or rather its naval bases) becomes pertinent all over again.

Luckily, we know precisely how Putin feels about Greece and a potential Grexit, because it was just yesterday following the BRICS and Shanghai Cooperation Organisation summits in Ufa, the among many other things, Putin talked about precisely this issue. Here is the excerpt from the official transcript.

Question: Darya Stanislavets, RIA Novosti, Prime. Greece is going through a serious crisis. It has not yet reached an agreement with its creditors. You met with Mr Tsipras [Greek Prime Minister Alexis Tsipras] in St Petersburg and spoke to him on the telephone after the referendum. Did Athens ask Russia for financial assistance? Did Russia promise such assistance? Is Russia able and willing to provide such assistance given its own economic difficulties? Could such assistance be provided, for example, by the New Development Bank?

 

Also, what do you personally think about the Greek creditors’ proposals? If you were in Mr Tsipras’s shoes, would you accept or reject them?

Vladimir Putin: Russia of course can provide assistance to its partners no matter what. Despite Russia’s economic difficulties, the fundamentals of our economic situation today are such that we are in a position to do this. What’s more, we do provide it to certain countries.

 

Regarding Greece, we have a special relationship of spiritual kinship and religious and historical affinity with it. However, Greece is an EU country, and within the bounds of its obligations, it is conducting rather complicated negotiations with its partners in united Europe. Mr Tsipras has not asked us for any assistance. This is only natural, because the figures are too high.

 

We know what is on the table, and fundamental decisions have to be taken. This is not even a matter of money. It is a matter of economic development principles and the principles of resolving these problems with their partners in the foreseeable future. We have already said – I have said it in public – that of course the Greeks can be blamed for everything but if they committed violations, where was the European Commission? Why did it not correct the activity of previous Greek governments? Why did they grant bonuses and loans? Why did they allow it to keep such a low profile on taxation in certain sectors of the economy? Why were there such big subsidies for the islands? And so on and so forth. Where were they earlier? So, there is something to discuss, and the Greek government has something to argue about.

 

Furthermore, when one powerful currency is used in a number of countries with different levels of economic development, then the country is unable to regulate either its finances or its economic situation via currency mechanisms. Greece cannot devalue the euro, can it? It’s impossible.

 

It does not have this tool or the possibility of drawing more tourists, while tourism is one of Greece’s principal industries – in the context of its obligations within the Schengen zone. It has to limit its agricultural production because it has to stay within the quotas set by Brussels, and it has to limit fishing and many other things. In other words, there are limitations but there are also advantages in EU membership, related to soft loans, bonuses and so on. This, however, is the sovereign choice of the Greek leadership and the Greek people. This does not directly affect us but indirectly, of course, it affects all of Europe and Russia, despite the fact that we are not an EU member, because we have extensive trade and economic ties with Europe, while Europe is our number one trade and economic partner. Naturally, we are watching this very closely and with a certain measure of anxiety, but we still hope that the crisis will be resolved in the very near future.

Is most certainly will be, and as Putin will admit, Greece can export much more to Russia if its currency was far weaker. Say, for example, this one.

 

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Sat, 07/11/2015 - 19:56 | 6300646 empreinte
empreinte's picture

Putin wins... again.

Sat, 07/11/2015 - 20:00 | 6300657 knukles
knukles's picture

Yeah.  Well I betcha Nancy Pelosi could out arm wrestle him.

Sat, 07/11/2015 - 21:13 | 6300693 ZerOhead
ZerOhead's picture

And along comes the white knight in shiny NWO armor to rescue maiden fair.

Sat, 07/11/2015 - 21:53 | 6300905 strannick
strannick's picture

The EUs solution to its self imposed inevitable finanancial catastrophe  is more fascism.

Greece isn't the unexpected exception to the plan. Bankrupt Greece crawling to unelected Brussels, with its liberties in hand is the culmination of the plan. (the man who would trade peace for liberty...)

Greece the bookends to the 2300 endeavour of people rule

Tyranical political union inevitably followed an impossible monetary union.

More debt will be rewarded with more repression.

The Mark will be the final solution and it's only escape will be Heaven.

Sun, 07/12/2015 - 04:04 | 6301484 the kings whore
the kings whore's picture

Putin is a notorious homosexual.  I'm so proud that Obama is handing him his lunch.  Putin dreams that Obama was his backdoor man.

Sun, 07/12/2015 - 06:07 | 6301573 jeff montanye
jeff montanye's picture

what king?

burger king?

Sun, 07/12/2015 - 06:53 | 6301602 44magnum
44magnum's picture

"The kings whore",that says a lot.

So you know this about Putin because it takes one to know one? If you were heterosexual you would not care about the Homo community but we can plainly see you do care.  Might be a little jealous too.

Sun, 07/12/2015 - 09:16 | 6301850 DanDaley
DanDaley's picture

Putin is a notorious homosexual.  I'm so proud that Obama is handing him his lunch.  Putin dreams that Obama was his backdoor man.

 

Okay, let's fix your confusion:


Obama is a notorious homosexual. I'm so proud that Putin is handing him his lunch. Obama dreams that Putin was his backdoor man. 

Sun, 07/12/2015 - 11:14 | 6302202 Questan1913
Questan1913's picture

Putin is a notorious homosexual.  I'm so proud that Obama is handing him his lunch.  Putin dreams that Obama was his backdoor man.

 

Welcome! newly minted psyops dirtbag...

Sun, 07/12/2015 - 00:55 | 6301322 Bush Baby
Bush Baby's picture

Putin's analysis is dead-on

Sat, 07/11/2015 - 20:12 | 6300702 Occident Mortal
Occident Mortal's picture

The cost of a maximum and total Greek default is €230bn (which may or may not happen)

The cost of the recent China crash is $3,500bn (which already happened).

Greece is a fucking distraction. The real event is happening over there -->>

Sat, 07/11/2015 - 20:15 | 6300714 ZerOhead
ZerOhead's picture

Enter stage left...

Sun, 07/12/2015 - 06:01 | 6301570 JohninMK
JohninMK's picture

......someone with a short memory span. Now, just remind us of the net figure for the last 9 months............

Sat, 07/11/2015 - 20:16 | 6300720 brucekeller
brucekeller's picture

How does that cost relate if all the money was created just a few months prior to that?

Sat, 07/11/2015 - 21:09 | 6300860 Volkodav
Volkodav's picture

chine debt is internal

Sat, 07/11/2015 - 21:46 | 6300940 NihilistZero
NihilistZero's picture

Exactly. China can manipulate currency, Greece can't. The ECB can paper over the losses, but the consequences of such monetization would be much harder to predict/control. In hindsight it would seem this type of crisis was inevitable. How can one ever make a monetary union work without a corresponding "real" political Union? In this case it looks like a German economic dictatorship more than any type of union...

Sun, 07/12/2015 - 06:59 | 6301610 44magnum
44magnum's picture

Financial Terrorism.

The definition of Terrorism.

terrorism

 
1. (Government, Politics & Diplomacy) systematic use of violence and intimidation to achieve some goal 2. the act of terrorizing 3. the state of being terrorized 4. the use of violence and threats to intimidate or coerce, esp. for political purposes. 5. the state of fear so produced 3. government or resistance to government by means of terror.

 

 

 

.
Sun, 07/12/2015 - 10:27 | 6302013 Luther van Theses
Luther van Theses's picture

I wouldn't say the main thing in the Chinese crash is loss of market cap. It's that nobody knows any more what securities on its financial market are worth.

Sat, 07/11/2015 - 22:43 | 6301082 WTFUD
WTFUD's picture

Maybe if she was naked and caught him off guard as he vomits.

Sat, 07/11/2015 - 20:00 | 6300658 fudge
fudge's picture

I got cufflinks http://www.yaplakal.com/forum2/topic1153846.html :D :D

suck it up usa

Sat, 07/11/2015 - 20:25 | 6300746 ZerOhead
ZerOhead's picture

"Putin wins... again."

 

I don't think you can call bailing out a country that will now be unable to pay YOU back winning but hey I'm just an idiot.  ;) 

They are setting up a fake confrontation with Putin and Barry. get yourself a free program while they last...

http://redefininggod.com/understanding-the-nwo-strategy/

Sat, 07/11/2015 - 20:56 | 6300834 Dathedr
Dathedr's picture

Are you dumb? You must be! One of the first things Vladimir Putin did after winning presidency was to imprison that thief and Anglo-mole Khodorkovsky, who TRASNFERED ALL "HIS" STOLEN WEALTH TO JACOB ROTHCHILD! Vladimir Putin is not Western controlled shill, you stupid mammal! China is not too. China banned Nathaniel Rothchilds gold-rigging crime business scheme in Hong Kong a few years ago! Do you moron think they would imprison or ban the shadowy rulers of the West if they were controlled by those rulers? No they would certainly not, you stupid mammal! What a stupid fuck! Real sipleton!

Sat, 07/11/2015 - 21:21 | 6300880 Dathedr
Dathedr's picture

Although it could be that Rothchilds are just expendable goods if they indeed work for those Jesuits. In any case, there certainly is no proof which would justify such an assumption. Would be the best thing to eradicate those families all together, but one certainly couldn't expect something like that from you spoiled, foolish, degenerate Westerners! Disseminate knowledge about those Orsinis, Aldobrandinis, Somaglis, Forneses.... And end that degenerate West which you are part! You Westerners are their bitches and the only reason why you are feeling the revolting impuls right now is because they haven't provided for your materialistic needs. You have great materialistic needs, don't you Westerner? Such disgurting materialistic creatures you libteral Wester trash are! If they would keep proving for your enormous materialistic needs, you would still keep sucking their dicks, wouldn't you?

Sat, 07/11/2015 - 21:50 | 6300951 ZerOhead
ZerOhead's picture

Eradicating anyone is repulsive. If anyone with brains had the opportunity to make a fortune banking... which last time I checked is still perfectly legal... the fact is they would be a fool not to take it.

Sun, 07/12/2015 - 06:12 | 6301576 jeff montanye
jeff montanye's picture

well i guess there is legal and then there is perfectly legal:

http://neweconomicperspectives.org/2015/07/libor-historys-largest-financ...

Sun, 07/12/2015 - 07:05 | 6301619 Dathedr
Dathedr's picture

They didn't make anything fairly you stupid liberal Western trash! They have been killing, plundering and pillaging the world for the last thousand years, you ignorant, stupid Murican scum! That is why I said you are not worth of anything, you are just trash! Western scum!

Sat, 07/11/2015 - 21:47 | 6300943 ZerOhead
ZerOhead's picture

Okay... I concede you may have a point but if you were Putin do you think it would be wise to lend Greece a couple of billion?

Thats dumber than me by at least 50%.

Sun, 07/12/2015 - 03:32 | 6301454 bid the soldier...
bid the soldiers shoot's picture

He loaned Ukraine $3 billion before the coup  They're going to default and Putin now has the pleasure of dragging Ukraine and Poroshenko to court in the Hague.

The EU has started to hoard popcorn.

Sun, 07/12/2015 - 06:08 | 6301574 JohninMK
JohninMK's picture

But that was a very good move, it gave Russia a degree of power over Ukraine's finances, a poison pill if you like.

They got their $75m interest this month as well.

With the rouble still down compared to when the loan was made, once the money got back to Moscow it became a very good deal. (See the Law of Unintended consequences Section 2.4 Forced oil price drop).

Sun, 07/12/2015 - 06:14 | 6301579 jeff montanye
jeff montanye's picture

putin notes that he wasn't asked to lend money to greece because it needs too much:

"Mr Tsipras has not asked us for any assistance. This is only natural, because the figures are too high."

 

Sun, 07/12/2015 - 14:55 | 6303036 bid the soldier...
bid the soldiers shoot's picture

Indeed. It was a good move.

The $3 billion was the first part of a $i5 billion package and purchased Ukrainian Eurobonds less than a month after Noodleman started herding Ukrainians into the Maidan.

And today Poroshenko would like to reorganize Ukraine's debt, but with Russia's contractual right to demand early repayment, and Russia demanding it, that will not happen.

With both the euro and the ruble weaker than they were in December 2013, I defer to your superior knowledge of fx and loan repayment in foreign mazuma.   :o)

Sat, 07/11/2015 - 23:17 | 6301156 WillyGroper
WillyGroper's picture

China embraced Rottenfellar.

Think he's a few pegs down on the pyramid?

Sat, 07/11/2015 - 20:57 | 6300836 empreinte
empreinte's picture

There's other benefits in helping a strategically positioned european country. "Getting paid back" takes second seat to many many other benefits.

Sun, 07/12/2015 - 00:09 | 6301254 sleigher
sleigher's picture

A Mediterannean naval port?  I wonder if Putin would be interested in such a thing.  Probably not, things are going so well in the EU there is no reason for him to be thinking in such ways.

Sun, 07/12/2015 - 02:25 | 6301391 hard_working_guy
hard_working_guy's picture

Guys, zerohedge has become just another tool in the arsenal of TPTB for mind control and brainwashing, and of course the NSA find it very useful too.

Sun, 07/12/2015 - 02:33 | 6301402 Seek_Truth
Seek_Truth's picture

Just because ZH is a honeypot doesn't mean you can't post your thoughts.

Just realize that all forms of digital communication are being recorded,

and that everything you "say", can, and will, be used against you in a court of "law."

So saith da gubmint.

 

Mon, 07/13/2015 - 19:19 | 6308464 seataka
seataka's picture

 

The only law in what is left of the United States at this time is whether you have enough money.
In Mogadishu the only law is whether you have enough guns.

 

Sun, 07/12/2015 - 07:04 | 6301614 44magnum
44magnum's picture

You just found this out! So you can either not give a fuck and rant to your hearts content or be afraid be very afraid.

You afraid?

Sun, 07/12/2015 - 10:33 | 6302047 hard_working_guy
hard_working_guy's picture

Not more afraid than I have been the last 25 years - I only hope people are aware that TPTB be they "west" or "east" will not offer "us" any beneficial solutions, only more of the same, distract, divide and rule, good vs evil BS.

I have pumpkins and other veg growing, know how to keep warm in winter, and i am happy to trade with my neighbours.

And when the time comes... Bury me standing

Sat, 07/11/2015 - 20:00 | 6300660 algol_dog
algol_dog's picture

Can somebody explain to me, that if Germany is on the hook to lose the most from a Grexit, and they are seemingly unconcerned of the consequences, then why should this be a market event?

Sat, 07/11/2015 - 20:05 | 6300682 wesson
wesson's picture

Germany want to avoid the Euro to become the currency of a federation, were they would be forced to give some money to less industrialized and competitive countries.

For short, with a real currency solidarity with Europe, it'll cost 10% GDP to Germany - and kicking the piigs out will cost only 2-3% of their GDP.

 

Guess what ...

Sat, 07/11/2015 - 23:34 | 6301194 oellinas
oellinas's picture

Then Germany better get used to reduced industrial market share when they try to peddle vw golfs for $60000 as a result of their strong currency blindness

Sat, 07/11/2015 - 20:00 | 6300661 algol_dog
algol_dog's picture

Can somebody explain to me, that if Germany is on the hook to lose the most from a Grexit, and they are seemingly unconcerned of the consequences, then why should this be a market event?

Sun, 07/12/2015 - 02:17 | 6301384 hibou-Owl
hibou-Owl's picture

I have been trying to find out the terms of a CDS trigger.

A default on debt Yep! Should trigger a claim on the CDS.
If the creditors agree to a write down of debt, or renegotiate the terms I doubt a CDS will be triggered.

Is Germany on the hook or is the CDS market on the hook. No one knows the final party with the liability?

Germany may be banking on a CDS claim, that's if the market holds together.

Sun, 07/12/2015 - 03:28 | 6301450 hibou-Owl
hibou-Owl's picture

on the ISDA website is a sixty page procedures on how the DC committee determining a credit event.

There are rules on how they should conduct themselves, but the rules are very loose and subjective, based on publicly available information.

The committee needs a 60% vote to validate a credit event.

I think Germany has come to conclusion that it not getting their debt back from Greece, and the only way out is to force a default, (clear credit event), and try to cover the liability through the insurance.

Sun, 07/12/2015 - 07:16 | 6301634 Goldy Locks
Goldy Locks's picture

<<and the only way out is to force a default, (clear credit event)>>

But that would put Deutsche Bank in an impossible situation, given their exposure to Greece. Not to speak about the risk of domino effect on the CDS/derivatives side.

Sat, 07/11/2015 - 20:05 | 6300681 williambanzai7
williambanzai7's picture

Get to work Nudelman!

Sat, 07/11/2015 - 20:45 | 6300803 Bunghole
Bunghole's picture

Shes baking some anice flavored cookies as we speak.

Sat, 07/11/2015 - 22:16 | 6301024 Anunnaki
Anunnaki's picture

Baklava

Sat, 07/11/2015 - 20:07 | 6300688 chosen
chosen's picture

Putin is dreaming of Mediterranian military bases and ports in Greece.  I think he might get them.

Sat, 07/11/2015 - 20:18 | 6300728 Farqued Up
Farqued Up's picture

The Free Shit America taxpayers will guarantee that they don't. Moar paper coming. If you are right, the price of poker will go meteoric.

Sat, 07/11/2015 - 22:07 | 6300995 HardlyZero
HardlyZero's picture

Maybe, but EU/NATO would first need to exit Souda Bay.

It is possible, but I'd think the NatGas pipelines will be built long before any western pullout from strategic Greece.

It would be interesting.

 

Russia is using a Navy port and Air base on Cyprus (renting), but that island had dibs by many over centuries.

Sat, 07/11/2015 - 22:31 | 6301057 chosen
chosen's picture

The US could keep Souda Bay if it wants.  Thanks for the info about Cyprus.  Cyprus is not NATO, but north Cyprus is Turkey, which is NATO.  Greece could always drop NATO, just to underscore the stupidity of the EU.

Sat, 07/11/2015 - 23:46 | 6301217 richiebaby
richiebaby's picture

Putin will lose Syria. Greece would make a better location for his fleet and pipeline

Sun, 07/12/2015 - 04:06 | 6301486 svayambhu108
svayambhu108's picture

I could agree with your statement if it had an if at the beginning

Sat, 07/11/2015 - 20:09 | 6300694 Omega_Man
Omega_Man's picture

Putin, a fine man and Christian, doing battle with Satan who rules the West. 

Sat, 07/11/2015 - 21:16 | 6300873 Apostate2
Apostate2's picture

Oh, I see, the Russian Orthodox Church condones lying, cheating, adultery and divorce as well as bearing false witness, murder and greed.

Sat, 07/11/2015 - 21:23 | 6300891 shovelhead
shovelhead's picture

If they don't, they should.

Attendance would skyrocket.

Sun, 07/12/2015 - 03:36 | 6301457 Apostate2
Apostate2's picture

Oh, why did Putin stomp on the Pussy Riot? Bad call. He could have aced the attendance to his 'church'. And that hetero-flag roll-out. I'm confused.

Having a bigger laugh. 

Sat, 07/11/2015 - 23:09 | 6301141 Gaius Frakkin' ...
Gaius Frakkin&#039; Baltar's picture

Organized religion condones just about anything for a cut of the loot. Churches in 'Merica are no exception, actually, I dare say the worst.

Sun, 07/12/2015 - 03:30 | 6301453 Apostate2
Apostate2's picture

Great reponse-all that whataboutery. I'm having a laugh.

So, by your logic, Putin should repudiate his church. Hmm how to square this with Putin the exemplary Christian meme.

 

Sun, 07/12/2015 - 03:17 | 6301437 bid the soldier...
bid the soldiers shoot's picture

the Churches of America condone all that you mention plus hanky panky with altar boys.

Sun, 07/12/2015 - 07:07 | 6301620 44magnum
44magnum's picture

But then it would it not be like the Jewish religion?

Sun, 07/12/2015 - 04:49 | 6301513 Apostate2
Apostate2's picture

Please Omega man tells us your inside info of how Putin is a 'fine man and Christian'. (were you there when he made his confession?)

We are waiting for your answer. As a bonus, please evidence that 'satan rules the West'. 

I am all eyes to read this. Please respond. Your readers are waiting. 

Sat, 07/11/2015 - 20:10 | 6300700 menotcrimex
menotcrimex's picture

Geopolitical ripples shall flow and swell, and Boom what couldn't happen will.

Then it will be a blame game. 

Smoke....Fire....Water....Reset....?....and so on.

My shop is clean out of popcorn, still plenty of Au and Ag for now, Lol

Sat, 07/11/2015 - 20:13 | 6300704 Jacksons Ghost
Jacksons Ghost's picture

Seriously, Putin needs to read ZH. He could be going for the throat.   I read this story and I see a somewhat cautious man in Vlad Putin.  

 

Hire some smart ZH's Vlad and your name will be remembered for all times!

Sat, 07/11/2015 - 20:12 | 6300706 Bag Of Meat
Bag Of Meat's picture

No "help" to Greece will ever come with beneficial, or even merely peaceful terms, from Russia's side. Putin's mafia-military-KGB-ish way of conducting business is not more preferable over the EU bankster mafia...
But I guess under capitalism, being a mafioso extortionist is the only way to survive. 

Sun, 07/12/2015 - 10:05 | 6301955 johnlocke445
johnlocke445's picture

If you read "THE COLDER WAR" you would not be making a statement like this. You are right that Putin is not an angel, but are wrong that he has no ethics or morality built into his soul. I consider myself extremely moral and just, however the things I would do to these bankers would make Auschwitz look tame. A moral and ethical person is very capable of pursuing a ruthless course of action if his or her idea of a just society is threatened. History is filled with these examples.

Sat, 07/11/2015 - 20:16 | 6300721 MsCreant
MsCreant's picture

Putin: "When Greece repudiates all the EU debt and gets out of that mess, then we will come to the rescue. We are not paying off their debt for them. We are willing to invest in them once they are debt free, because then we will not be throwing good money after bad."

Sat, 07/11/2015 - 21:34 | 6300909 shovelhead
shovelhead's picture

Pretty elementary stuff.

"No honey, when you move out of your old boyfriend's place, THEN I'll help with your bills."

Sat, 07/11/2015 - 20:17 | 6300723 Yen Cross
Yen Cross's picture

  The Russians shoot you in the head, when you fuck them over... The European TROIKA tards, fuck you in the ass until you "bleed out", when you fuck them over.

Sat, 07/11/2015 - 20:33 | 6300766 Gadfly
Gadfly's picture

If Germany had any balls, it would leave the Euro and go back to the Deutsche Mark.  They could rock with their own currency.  Germans have a strong work ethic and are highly productive. They will only continue to be dragged down and into the muck and mud of insolvency by the other less productive European countries.  Too bad they were castrated after WWII, and remain so.  So much for the Bankers' one world currency experiment. It doesn't work. Can't work. Because at some point the ones who work hard get tired of supporting those who don't.

Sun, 07/12/2015 - 03:14 | 6301435 firefightergr
firefightergr's picture

Yeah,they are highly productive thanks to the lazy greek,italian,spaniard and many other gastarbeiters

https://en.wikipedia.org/wiki/Gastarbeiter

 

Sun, 07/12/2015 - 03:59 | 6301477 Victor999
Victor999's picture

Your posting reveals a narrow point of view, one that does not recognise the value of different economies.  The Northern Europeans are more industrially inclined, whilst the southern countries have economies based on culture, history and agriculture (simplistically speaking).  This world has room for all.  But it can't work properly under a single currency as the economic objectives of each type rely on different and competing factors.

 

Sun, 07/12/2015 - 06:14 | 6301580 JohninMK
JohninMK's picture

No way, some of the German export boom has been dependent on the value of the Euro being lower with all the PIGS in it than it would be without them. Going back to the DM or hard Euro would not be good for German industry.

Sat, 07/11/2015 - 20:36 | 6300778 Joe Tierney
Joe Tierney's picture

Euro-Tards in search of the golden fleece,

  but the rupture to reality occurred at Greece.

 

It's a Franco-German overreach,

  and a euro-rupture is Putin's peach.

 

NATO eaten away from within,

  Amerika takin' it on the chin!

Sat, 07/11/2015 - 20:44 | 6300801 Kirk2NCC1701
Kirk2NCC1701's picture

A few if us here (myself included) have commented before (half serious, half joking) that there needs to be a Northern Euro and a Southern Euro.

Under present developments, this makes more sense than ever.  It could also front-run the likely events in Italy, Spain and Portugal.  No more gravy-sucking PIGS feeding off more productive Europeans' taxes.

The Southern Europeans can thus also be the buffer zone for the endless streams of refugees from MENA.  Welcome to the new Club Med.

Sat, 07/11/2015 - 21:02 | 6300849 conscious being
conscious being's picture

Jim Willie from years ago, Kirky.

Sun, 07/12/2015 - 03:50 | 6301469 Victor999
Victor999's picture

Were it not for these 'gravy-sucking PIGS' the Euro would be a much stronger currency, and thus toxic to the North's export economy upon which they rely so heavily.  The North is fully aware of this, and must make certain that balance is maintained, or they could lose it all.  The fact that ideological hawks seem to be taking over the negotiations indicates that that balance is being serioously threatened.  If the hawks win they will have harmed them,selves in the long-term, and actually helped the 'PIGS' break free of the economic oppression of a currency that they can not control.

Sat, 07/11/2015 - 20:46 | 6300804 MEFOBILLS
MEFOBILLS's picture

Putin is already sticking his finger in Nato's eye.  The Turkish Stream Pipeline is the latest salvo, and that has the potential to earn a lot of foreign exchange for Greece.  

Russia is going ahead with Turkish stream, and funding it despite the fact that Western markets are not guaranteed.  

The emergence of an Eurasia is a trip wire, sort of a Red Flag for the "international" bull.  Putin is very careful around the Bull, playing it smart.  The Bull already is pawing and snorting at Russia's doorstep.

International Credit twice tried to dismember Germany for attempting to Link up Europe and Asia.  

Russia DOES have its own Oligarchs.  Russia and the BRICS have exactly DUPLICATED swift and other Western banking systems.  Russia and the BRICS have exchange rate mechanisms similar to Western International Credit.

Russia does have Atlantists and foreign NGO's parasites that are trying to undermine it from within, using CIA type color revolutions.

This idea that the International, especially the International Jew is going to jump to Russia/China is not operative in my estimation.  

When push comes to shove, the Oligarchs in Russia are loyal to Russia, and same goes for Chinese leadership.  They are not going to join up with the Western Jewish money system, despite the similarities in the copy.  Please also note that China has kept her STATE BANKS.  The WEST has central banks that are loyal to international credit, and the pinnacle of the system is Bank of Intenational Settlements in Basel.  The New York FED, London, and Tel-Aviv is the other axis.  Germany and France are now joined at the hip and do the bidding of Washington as vassals.

Those that keep talking about China's losses recently out to think about China's debts.  These debts are owed to herself, not to foreign creditors.  China is a fully sovereign country, unlike Greece.

Russia's re-emergent Orthodox Christianity is another piece on the chessboard.  Orthodox are repeled by the cultural and civilziational decline of the West.  Putin often talks about this in his speaches.  

Putin's defence minister even crossed himself before the May Day parades.

http://www.liveleak.com/view?i=a07_1431227111

The former Communists, who were super Oligarchs, learned if they don't deliver to their people, they will be ousted.

Sun, 07/12/2015 - 03:09 | 6301431 bid the soldier...
bid the soldiers shoot's picture

If, on July 22, Roscosmos, for one reason or another, fails to launch a manned rocket to the ISS with 3 astronauts to bring the crew of the station up to 6, you may consider that Putin stuck a finger in NATO's other eye.

Sun, 07/12/2015 - 06:16 | 6301581 JohninMK
JohninMK's picture

Russia does not break contracts it seems.

Sun, 07/12/2015 - 16:44 | 6303402 bid the soldier...
bid the soldiers shoot's picture

With the 'failure' of three of their rockets in the last few months, and Washington's successful subversion of Ukraine and the onset of subversion in Armenia, Macedonia, Venezuela, etc., Putin must draw the line some place and the ISS is as good a place as any

Roscomos is the only way to get men to ISS.

Many things can go wrong when launching a rocket.  If you're not sure about the safety of the men going up, don't you don't launch.

It's more dangerous sending men up, than bringing them down.  By sending an empty Soyuz spacecraft up, there's no Challenger danger, and the three remaining crew members can be brought down.  The ISS is then empty and Russia alone has the means to get there

I have no idea whether Putin will do this, but if the three crew members up there now come down before three more go up,  Putin   1  0  Obama

Then there's this on June 21, 2015

http://www.sott.net/article/298063-Alarm-on-ISS-US-computers-fail-Russia...

Just sayin' without comment

 

Sun, 07/12/2015 - 21:53 | 6304490 bid the soldier...
bid the soldiers shoot's picture

I don't recall any recent broken contracts.  

But Putin has stated that although Russia's contract with France calls for stiff penalties for late or non-performance, Russia will settle for a refund of all monies paid to France.

Sat, 07/11/2015 - 20:55 | 6300832 jacship
jacship's picture

MOAR Bankster wars

grexit is a hicup

compaired to chinas

with many

to come

soon

Sat, 07/11/2015 - 21:07 | 6300856 conscious being
conscious being's picture

I disagree ... emphaticly. The end of the Euro, which will follow from a Grexit, is in no way a "hicup".

Sat, 07/11/2015 - 22:24 | 6301042 NoWayJose
NoWayJose's picture

So many islands.... So much rocky shoreline.... So many choices on where to put our hidden Russian submarine bases....

Sat, 07/11/2015 - 22:34 | 6301064 Jorgen
Jorgen's picture

Who's going to blink first?

Negotiations to remove Putin. Evgeny Fedorov

(with English subtitles)

Sun, 07/12/2015 - 00:47 | 6301312 angel_of_joy
angel_of_joy's picture

You could as well have called for negotiations to remove Stalin from power, some 70 years ago... and probably have more chances.

Sun, 07/12/2015 - 01:03 | 6301326 Jorgen
Jorgen's picture

"You could as well have called for negotiations to remove Stalin from power, some 70 years ago... and probably have more chances."

Apparently, you did not bother to watch the video before posting your comment. If you place Putin's ruling style on par with Stalin's, you seem to have limited historical knowledge of the Soviet Union.

Sat, 07/11/2015 - 22:56 | 6301116 muka
muka's picture

So interesting how Putin describes both sides of the situation with such clarity. The apparently "evil, crazy" people are the only ones talking straight and making any sense these days. While the "adults in the room" are obssessed with playing Kick the Can.

Sat, 07/11/2015 - 22:58 | 6301120 WTFUD
WTFUD's picture

5 months in power and hardly got his feet in the door; to rid himself of the Soros type colour revolution wheels of machinery, the saboteurs , the filthy treasonous scum like the Goldman Lobbyists and other disloyal slime tax-dodge/welfare Queens.
Ok Warren Buffett as an example of the Welfare Queen picking the Public Purse is over the top but there is a dirty dozen, probably worth 25% of Greek GDP using Goldman to HIDE STUFF.

deMOC(K)racy

Sat, 07/11/2015 - 23:30 | 6301177 Fukushima Fricassee
Fukushima Fricassee's picture

Father, please damn all government fools and the stupid bastards who vote .

Sun, 07/12/2015 - 00:15 | 6301265 BritBob
BritBob's picture

The man in the Kremlin supports Argentina's mythical Malvinas claim. Google: 'Argentina's Illegitimate Sovereignty Claims' to discover that he's backing the wrong side.

Sun, 07/12/2015 - 04:30 | 6301500 Free_Spirit
Free_Spirit's picture

Last i heard our "special relationship" US friends quietly supported those claims as well... 

Sun, 07/12/2015 - 05:23 | 6301534 BritBob
BritBob's picture

Those cliams placed under scrutity don't add up:

https://www.academia.edu/10490336/Argentinas_Illegitimate_Sovereignty_Claims

Sun, 07/12/2015 - 00:33 | 6301289 J Mahoney
J Mahoney's picture

You know, it is really hard to dislike Putin--Tough on immigration, Christian values ( we hear nothing about), thoughtful and intelligent interviews, and brilliant international diplomacy. Such a contrast to ........ Oh stop dummy and get to the point---OK, The only thing I dont understand---When Putin was asked about the USA getting ready to change our $10 bill to feature a woman, he quickly said the USA should honor a woman responsible for changing the world---Loretta Fuddy

Sun, 07/12/2015 - 00:56 | 6301325 dreadnaught
dreadnaught's picture

nobody is perfect, but i trust Putin over Hillary or Oblama

Sun, 07/12/2015 - 02:58 | 6301423 quasi_verbatim
quasi_verbatim's picture

When Putin thinks, Neocons tremble. When he acts they shit themselves. Parking all that out of date military crap hard up against the Eastern Approaches is maybe not a good idea. Left feint to Greece, and who's next in the soft underbelly of Europe?

Sun, 07/12/2015 - 05:06 | 6301520 Runs-With_Toast
Runs-With_Toast's picture

I see the big pieces sliding into place for an epic showdown ... nations getting all tense........ little ways to go. There is no doubt the 'Universe' gave Russia the best player to lead it. In plain sight he has inspired and made it happen that Russia now has absolutlely deadly missiles of all types, jets and armour that are way ahead of Nato. F35 lol. The Western sheeple are not told this. Then theres the powerful beauty of the Russian / China symbiosis. Game changer.

As time goes on Putin gets stronger and the West gets more mired in shit.

Sun, 07/12/2015 - 05:55 | 6301565 SMC
SMC's picture

“Just Us” and their Neo-Nazi minions only have BS and dirty tricks to compete against brute competence, leadership, intellect, knowledge, logic and reason.

 

Sun, 07/12/2015 - 08:49 | 6301780 Two Theives and...
Two Theives and a Liar's picture

Let's not confuse US civilian leadership with that of the U.S. Military. Despite years of purges, I believe the U.S. Military is awake, watching and waiting for the right time to hit the reset button on this corrupted, co-opted former Republic.
It's fairly common knowledge that Dempsey went in and told Obama No Go on Syria last year.
Despite MIC riches, I think they see the endgame approaching and don't want it to go there. The forces are way over-extended,exhausted...morale is low and the only missions are more empire and fighting manufactured enemies that we may be losing control over...and of course Jade Helm. If the time comes that the order is given to pull triggers on everyday Americans..this in my mind is when it will " go down".
My main concern in such a reset is the same thing Ron Paul worries about: the "white horse" syndrome...
Which is probably even worse than " electing" Hitlery Clinton!

Sun, 07/12/2015 - 07:33 | 6301645 sudzee
sudzee's picture

Indonesian ban on US$ tranactions are in force. False flag dissapearence didn't seem to work.

Putin must be pleased.

Sun, 07/12/2015 - 07:50 | 6301650 teutonicate
teutonicate's picture

Good post, ZH.

I have gotten in trouble in the past for admiring some of the traits of Putin, but I am going to risk it again by simply stating that this man is a leader.

Before we condemn him and his country, as the cabal is so inclined to do for its own reasons that have nothing to do with the interests of the American or European peoples (e.g. please refer to my previous posts related to Soros), I think we should at least grant him the respect that he deserves.

Can we honestly say that we have the same respect for the leadership options that we have been "allowed" to consider by the cabal?

ZH has another good post today on the rise of civil disobedience.  It is hard not to draw the inference that perhaps our tendency in America to increased civil disobedience has a lot to do with whom we are asked to obey.

I will leave it at that.

Mon, 07/13/2015 - 19:10 | 6308419 seataka
seataka's picture

Well, I'll take the heat for you.

Putin and his entire administration, when they say anything it makes sense.

Compare that to the Corporate Federales in DC...and

At this time, I believe Putin is the best ally of American Constitutionalists.

Sun, 07/12/2015 - 11:18 | 6302221 roadhazard
roadhazard's picture

I know I've been on pins and needles wanting to know what Pootin thinks.

Sun, 07/12/2015 - 11:23 | 6302244 nowhereman
nowhereman's picture

It seems to me that the tendency to denigrate another individual, society, government or ideology is a liberal characteristic, a basic tenet of their genre.

The US has been denigrating any and all who differ from themselves in any way.  Nanny State is a favorite pejorative for any other society or government that uses tax dollars to provide for the populous.  Pensions for the elderly, free Health Care or generous minimum wage are all frowned upon as socialist even communist in origin.

This brings me to Greece.  A Society that differs in many ways from the societies in Northern Europe.  Greeks are called corrupt freeloaders, tax avoiding lazy good for nothings.  Why?  Because their Corrupt Society is not run by the same tactics and oligarchs as the Corrupt Societies to the North.  Greek criminals aren't as worthy as the criminals in Brussels or Berlin, Paris or London.

Russia seems to grasp that reality because they have born the brunt of western denigration for decades.

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