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Europe Blinks: Troika Willing To Change Terms Of Greek Bailout Deal
And so it all begins anew:
From Bloomberg: IMF, EU, ECB Open to Changes in Greek Aid Deal, Real News Says
The so-called troika of the European Union, the International Monetary Fund and the European Central Bank is willing to make six important changes to Greece’s financial aid agreement if a pro-European government is formed in the country, Real News said.
The Troika is willing to extend by one year to end 2015 the time for Greece to cut its budget deficit as well as to proceed with a restructuring of loans, the Athens-based newspaper reported in its Sunday edition preleased today, citing “well informed” sources at the European Commission.
The Troika is also willing to maintain the force of collective labor agreements, to alleviate the level of pension cuts or restore certain pensions to previous levels and to keep wage levels in the private sector and reduce the average tax burden on employees, the newspaper said.
If confirmed, and with Germany having stated repeatedly this will not happen, there is a very high possibility this is just another press-based red herring (remember all those FT headlines of an imminent Chinese bailout of Europe?) seeking to exacerbate the political power grab in Europe, where Germany is now surrounded on all sides, this will mean that the outcome of the Greek elections is no longer relevant, as Syriza will propose an adjustment to the bailout plan, Europe will promptly agree since a pro-bailout "coalition government" of ND, Pasok and Syriza will have be formed, and all shall be well, at least until the next Greek bailout in a few months. Then the country will need yet another priming DIP from Europe, and the fiasco begins anew, only this time with even less money left in Greece to be pillaged and plundered by the country's creditors. That, and of course, German capital being pledged in the form of more "contingent liabilities" which are anything but.
But for now, between a Greek "solution", and China easing again, it appears that all has been saved. If only for a few more days, which as the central planning regime is coming to an end, appears the best the planners can obtain.
At the end of the day, it is once again Mr. Panos who explained it all perfectly, and showed just who has all the leverage in Europe.
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Quite reflexive I'd think. The huge popularity with "football" (soccer) there should tell you that their bent is toward kicking things... and what fine kickers they're proving themselves to be!
Troika trying to "intervene" in the formation of a new gubbmint in Greece in order to get their little eurofanatic minions back in power and continue the disgusting robbery of the nation. Greece has never met any of the conditions attached by the Troika yet they've always got the money. If this report is true and after all the saber rattling in past few days Troika blinks, why would any country do anything to get their house in order? Italy, Spain, Portugal, Ireland, France, Greece, Belgium are toast anyway so why not continue the same ol' "borrow and spend" strategy and wait for the german tax payers to foot the bill. And when the germans finally say no or go bankrupt themselves, at least they got a few more months of "spending with other people's money".
The political utopia called euro has truly turned into dystopia yet the unelected are desperately trying to pile on more debt to keep the people's of Europe distracted. It's amazing that the germans are not reacting to the actions of their politicians! I guess they too have endless reruns of Idols and Dancing with the Stars coming from tv to keep the sheeple occupied...
The ECB now has the power (with a little help from their IMF friends) to subvert any democratic government in the EMU. With all the coutries broke on the periphery, the ECB/EU just has to dangle more money and better financial terms to sway an election. Of course this can't work forever, but I think buying a few months here and there allows the over-leveraged banks some time to seek other financing or deals with their sovereign. That's not a small issue from the banks' point of view. What it says about democracy in the periphery is another matter.
Dear Greece:
Please stand tall and stay the course. Do not fall for this latest trap. EU's only goal is to have you continue to pay, pay, pay while these fat bastards eat the fruits of your labor. Repudiate the debt. Refuse to pay. And exit the Euro. You will be much better off.
I'm not buying it. Sounds like complete fantasy.
This pretty much sums it up. Chevy Chase style...
Is the EU so f-ing delusional that they think Greece will have growth in one year? They can't be this stupid, can they?
No they aren't. You mistake their stated goal for their real goal. Must tie up everyone in debt and then crash the system to create a new world unified system of unelected bankers and bureaucrats. The EU is just NWO beta version.
I can't believe people still think this is the result of stupidity. Hubris sure. Destined for failure? Absolutely! Stupidity, no. They are too smart by half and will fail as all other genius would be dictators of the world have before them.
LOL ... SCHNITZELFACE BITCHEZ!
Oh no, please bomb this fucking union.
More can-kicking drama. Drag things out and hope that somehow, someway, someday, the economy will pick up and somehow pay off the debt. Push responsibilities and consequenses down the road as far as we can for as long as we can.
Nobody in the banks gives a crap about the money. They only care about maintaining this merry-go-round ponzi scheme that keeps them in women, booze, and control for as long as possible. Money is meaningless to them, but the perception of control is EVERYTHING.
I predict this bs will drag on in Greece, Spain, Italy, etc. just like it has done in Ireland and Portugal. The only thing that changes course here is the coming war, and I mean a real war.
There is an old saying in banking circles.
A problem delayed is a problem solved
They like that saying even better in political circles!
Well, I should think so !! It worked pretty damn good with Corzine....
,,,doing GOD's work...GS-DickinDaMuppets
War, people rioting in the streets, thats about it. Obviously they can keep pasting 000's on bank balance sheets indefinitely. The financiaL system failure already happened years ago. There just are not enough people suffering yet to tilt the scales.
"Money is meaningless to them, but the perception of control is EVERYTHING."
"Money is meaningless to them, control is EVERYTHING."
Fixed!
In a fiat currency "money" is nothing but the tangible incarnation of power. Their power is infinite, so their "money" is irrelevant. The Rothschilds wield infinite power, despite what the balance sheets might say.
Nobody in the banks gives a crap about the money. They only care about maintaining this merry-go-round ponzi scheme that keeps them in women, booze, and control for as long as possible. Money is meaningless to them, but the perception of control is EVERYTHING.
Really its about keeping exactly what you stated going as LONG as they live, screw everyone else after that...............
Who needs " NUKES", when one rogue {Leftist Greek}, can bring the financial world to it's knees?
Nukes trump PMs :-(
Point taken. Who is the PM in question? :-)
nuclear turnips ...
Where is the original article? im trying to find it but i dont see anything. anyone care to post the link.
I was not able to find it either. Maybe it is supposed to be from a Greek news source, in which case, do we know if the source is legit or just a faux news type source?
Give me a Reference point? eg; Greek default, Greek party elections. I'll find it for ya. Give me a date, ( 1-3 day time frame)!
Think about something you did on that day. Pay a bill, important meeting ect...
I should have said this more clearly in my comment. I do not think that this comes from Bloomberg. The only source cited is a Greek news source that is supposedly citing Bloomberg. If anyone is able to find the orginal in Bloomberg to which this story supposedly refers, please post.
I'll find it. Greek news papers, are like the "National Enquirer". The " witch hunt" , has no end!
http://www.real.gr/filescalendar/2012/May/RN182/realnews.pdf
its a preview of the sunday edition of the newspaper "real" in greece, out tomorrow. translated in the red box, "message from brussels. if you find them, we'll change the memorandum. troika opens window for negotiation with 6 changes. page 8"
only open to negotiation if a coalition is formed? full article tomorrow.
from a more reputable greek newspaper, junker says to give greece more time to implement austerity programs....
http://www.kathimerini.gr/4dcgi/_w_articles_kathremote_1_12/05/2012_441854
+ 1 Gazillion on the comment from the guy who "only bends the truth when necessary" :)
There is a war on consciousness going on in Greece right now. http://www.athensnews.gr/portal/1/55498
TPTB's stooges are threatening the Greek people in all the possible stick-and-carrot ways, while only 1 newspaper courages Tsipras to continue with his plan of leaving the Eurozone
Exactly as you say: A war on consciousness. The TV news is more ubiquitous, and worse.
If agreed this would make Syriza and the rest of the anti-bailout parties completely impotent.
They must know this would make them look like they've caved in at the first hurdle.
SHORTS ARE GOING TO GET MURDERED
Mr Panos' shorts?
Maybe for a day or two. Then, reshort. We're entering a new volatility phase. I expect to see days like last summer, down 500 pts, up 400 pts, down 300, up 600. If you play the swings correctly, you can probably bank some serious fiat, then turn around and buy PMs.
Best of luck playing on that swing !!!
I pay attention! HULK
The master of disaster, sticks by it's guns!
only 85% of greek sovereign debt has been shifted onto the masses..the banks need more time to shift the rest.
Greece, the lamprey eel of the EU.
Wonder if this will help out Jamie and the gang?
Extend and pretend.
Fake it 'till you make it (or not).
Global deleveraging and biflation continues on the backs of citizens - bonuses and fat salaries for bankers and politicians must not be halted. No one in jail, conferences and committee meetings at resorts with drinks and catered meals gratis.
SSDD.
So now that the former Goldman Sucks accolytes can't con the Greeks into electing them, the banksters switch from bribing the politicians to bribing the voters....hmmm...this could get expensive methinks.
Tell the central banksters to fuck off Greece....we're tired of the same old story already!
Aye, time for another Iceland.
+1
Of course the plan work.
The EU is just trying to prevent the collapse TODAY (actually, Monday).
The goal is always to prevent chaos today. Tomorrow is never in the planning sphere.
Can't help think the troik'er's are doing this to cause Greece to collapse while appearing to give them a hand.
And the show goes on......seriously who are these guys kidding?
The Wall Street Ranter
The money goes from the FED to the banks. Troika pretends they take it from FED and pass it to Greece. Maybe they do so everyone takes a cut of my mother's social security prescription drug medication money but I think it goes from the FED to the banks in Europe.
Let me guess, 200 point rally monday right?
Sounds about right to me!
You know there is only one option left now.
NORMALLY we send in the CIA.
Hyper inflate the currency.
Stir up the revolutionaries........
No need for the CIA here......the currency and revolutionaries are done.
I guess all that is left is to send in the drones, and bomb them into submission.
First Iceland.....then the Greeks.
I am moving the (US) doomsday clock ahead to THREE minutes till. At this point all it takes is a slight slope downward, and the idea spreads.
Iceland out. If Greece exits the clock will move to TWO MINUTES, and Bernanke will answer the door one minute later.
This is clearly fabricated BS. Im sure that their are tons of midlevel beaurocrats that are willing to give away more of Germanys money to keep the EU togeather for one more summer. But the idea that Merkel and Hollande and Lagaurde and all the other relevant heads have met and drawnuo a detailed proposal is idiotic.
And Syrza would have to be equally idiotic to agree to ANYTHING before a second round of elections where they are CERTAIN to take #1 and the 50 votes it brings with it.
SYRIZA would not agree. But I suppose the danger is that with Troika pretending to have changed into Mr. Nice Guy and the sell-out parties quacking in unison about how naughty SYRIZA is for not joining in a coalition, that the people will be fooled and turn away from SYRIZA. I very much hope that they are not fooled. The people so far have shown that they are not by any stretch as dumb as the corrupt leaders who had been in charge.
You are correct, this sounds like a trap to catch SYRIZA. and make the voters blame SYRIZA for the failure of the new more sexy bailout.
ITS A TRAP.
SYRIZA will win the next round. They are playing hard ball and fucking mean it. The "establishment" is totally freaked out here. Tsipras is a "rock star" here. From nowhere to the front page of all the MSM. They can't ignore it anymore. Time to change the banksters diapers
Greek newspapers are a joke. this is 100% a red herring. just imagine the moral hazard such a move will create. trust me I'm Greek :)
German politician to Greek politician - make the austerity reforms or no bailout money.
Greek politician to German politician - when are those elections you have to contest Angie ?
German politician already calling for a 10% minimum vote as a bar against any smaller parties running against Merkel.
No Golden Dawn for you, then.
@lindayueh: IMF spokesman Anspach declined to comment on Real News story on troika #Greece aid stance. Fitch said extension likely not sig renegotiation
Syriza leader Tsipras came out and absolutely ripped ND and Samaras in a news conference. He is not willing to form a coalition government. And why should he? He'd be dragged in the mud with those fools Samaras and Venizelos, and they would work to undermine him as they way they are currently doing via the media. Syriza would immediately lose the momentum they have gained with voters, and the polls show them coming in first in the next election, which means they will have over 100 seats in Parliament by June. Should the other anti-bailout parties gain just a little bit of ground as well, they can form their own government instead of having to put up with the putrefied ND and Pasok.
The one person who can fulfill the banksters/pasok/nd's wishes is this senile, stupid idiot of an old man named Fotis Kouvelis and his shit party Democratic Left. If he goes with ND and Pasok the 3 together they can fool the world into thinking they are a legitimate voice of the people. Thankfully, someone with a brain must be advising him and he's hedging. Because if he does this 2 things will happen: He and his party will go the way of the dodo bird in the next elections, and there will be violence in the streets.
Violence in the streets, full blown commies in charge... Whatever it is thats going to happen can we just get on with it???
Im really looking forward to the day I can wake up and not have to check ZH and play risk on / risk off all day. Break up the EU and write off all the debt and move on.
Brinksmanship at its best. Greece, whether they admit it or not, are playing chicken with the the troika. And they may just win.
The problem is, that there are so many games of chicken going on, eventually we will end up with a lot of road kill.
Lehman was just the beginning, and Greece is by no means the end. I want to stay out of the Morgue myself.
think about this guys:
if Troika wants to restore the old benefits why did they cut them in the first place?
;)
Bankers have become one incompetent, corrupt, lying, cheating, thieving fucking joke. And the same goes for about half of the fucking corporate CEO's out there......CHK, GMCR, JPM, BAC, Enron, Lehman, Bear Stearns, WaMu, GS, Merrill Lynch, Countrywide, Golden West, Wachovia.....fucking pathetic scum bags.
At end of 2015, "We fucked you again".
You missed the " Head Lines" . Everyone, is all -in. The world is ending 12-21-2012<>
We're[ really], all f**ked, when the LTRO -36 month notes come due!
nothing to see here folks, keep moving. this is not a real story. if so, would love to see the link... is it April 1 or something?
Are they the 300 or just a bunch of pussies like the USSA now, alll talk and gay rights importance. Just askin
God this gets old. The shear number of baboons who believe this problem is going away by 'business as usual' tactics drains the soul. They're like chimps flinging shit at a tornado.
Rooting for whichever party ends the "EU bailout" dog-and-pony show fastest.
Get it over with already
So when it crashes , it'll be even worse for lal involved... nice.
Mr. Panos for Prime Minister. Genius, genius, genius!
Golly gee wizz/ Beaver. The $ looks a bit over bought! http://www.forexpros.com/quotes/us-dollar-index-advanced-chart
XAU is coming up on a weekly [inflection} point. Oil, aud, and the xlf (courtesy of Mr. Dimon) are still born!
R/E is dust, and FOOD (Costs-A-Lot). I'm long Quacking DUCKS!
Yes, you have to love how as the dollar was falling it was becoming more and more overbought.
Spain's starting to SIMMER:
At least 100,000 march in Spain over austerity
http://www.ajc.com/business/at-least-100-000-1436344.html
Italy's underway too; it was a hot day in Naples yesterday:
http://rt.com/news/italy-protests-police-clashes-041/
You have to start learning how to dissect daily MSM stories. Most of it is just bullshit to cultivate a fear factor in conditioning the masses. Many are still at the stages of: I've got a pain in my gulliver mother…. Help me!
This is not some fancy fabrication where the Troika stooges issue a warning through a press conference; austerity comes from bottom up and that's how the rage goes too! Try reading some Italian newspapers in your free time and maybe you'll come across an article pointing out the 500% increase in suicide rate in the past year...
The sheep better stop grazing and look beyond the meadow. Really dark clouds are closing in very, very fast and it looks like a tornado might be coming. Toss in a heavy Molotov rain too!
BTW, have you heard the news that Congress has passed a bill for cutting social programs in order to finance Pentagon, or does your MSM not "condition" you with such information?
Stop worrying. The worthless mouth breathers are going to get cut by the throat. Just take care of yourself & your family. Winks. Life will continue as always.
Edit: Reading this link below is like reading huffpoo or DailyKoolaid sites. Have a look..
http://www.europe2020.org/spip.php?article730&lang=en
You lucky SOB! I'm envious! Naples is the epitome, of wine country.
Reminds me of Paso Robles, Ca. Beautiful rolling hills.
And there's a sale at Pennys !!!
http://www.youtube.com/watch?v=uJSgZYUnQn0
That chart looks ugly. hulk
I'll go Nordstroms.
Marches after the facts.
Nobody hit the streets when money was being spend that wasn't theirs to begin with.
Now we find out how many investors know the old saying "fool me once shame on me fool me twice shame on you."
hold up dis some boolshit.. now had they announced all these positive break throughs at 5:30 est on Sunday night I might believe it but who releases some shit like this out on a Saturday afternoon? amateurs I'm tellinya.... wait do I have my days mixed up?
Interbank Spreads! OZ forex.com the spreads are wide. The bid is all I care about!
My RTT/ Bloomberg terminal says the same thing!
Central Planners: Vey buy, vay reguzate, and vey kontrol’z ve mindz of de konzermer.
Months later..
Central Planners review board meeting: [pompous smut slamming his fist on table] Vat has gone vrong. Ve hav given our pet’z everythinz’s. Whyz no one buy’z? I want [slams fist on table] everydnz’s to kall and tellz deem de vill be arrezted if de do not buy’z from de’ state!
Central Planners emergency phone calls to mass consumers: Phone call answer/reply
Welcome to the fucked up central planners Game Theory dilemma.
Folks - there may be major snafu brewing in Fukushima. I say 'may'. The SFP4 seems to be gone. The webcam is not clear but it seems to have collapsed and the little box at the top corner of R4 building does not look like the SFP4 from couple of days ago and there are see throughs.
It is inconclusive due to low quality of picture but if it really collapsed then Greece would be the least worry.
http://radioactive.eu.com/index.php?option=com_k2&view=item&layout=item&id=4&Itemid=193
Only one small problem the mkt is not cooperating.
??????? ?? ??? ???????? ???? ??? ?? ?????
Kick the can down the road.
If you check the BBC, the new Third Way is:
a controlled bankruptcy and stay in the Euro, because
a messy default will end everything. and Germany knows it.
Their banks are so ill, they're pissing CDSs and
shitting derivatives.
let's go, black swans.
http://www.bbc.co.uk/news/world-europe-18046280
Is Mr Panos right when he says that Greece's plan was to bankrupt Germany?
France and Germany were forcing debts on Greece in the full knowledge that
it's AAA rating was bullshit, but bullshit that was working, when it came to
getting GER and FR banks to write up loans for Greece that pushed debts
over 100%.
What if Greece also knew that those two were taking advantage of the AAA, and
that the fall-back position was for GR to declare bankruptcy, thus bankrupting
German and French banks and Ger and Fr.
too perfect.
the first group of greek politicians played slave boy to the Troika, lulling them to sleep,
until their Syriza replacements can blackmail the Troika a.k.a. Germany to back off on the austerity,
or else.
This is only possible because the banks (the US & UK ones, too) are as corrupt and unstable as that day in 2008
when they took over the governing of the world.
Mr Panos: to the Rest of the world, you're welcome.
They must be really desperate to try and appeal to the voters like that (it's not even a decent bribe).
Basically... please stick our boys back in charge so after a short break we can carry on screwing you all over unabated for years to come.
They just don't want Greece's debt to be written off or written down via a default,
just default and start a new country, any suggestions names?
Greece 2: Back from the Brink
Gyrohut
Anistan
Defaultolopous
FUEU
...and the new tourism ad tagline: "GO GREEK! Don't turn your back on the Adventure"
tThat was funny. Nice work!
Drachma style<
Thanks Yen. Drachma style indeed.
Ok. Now there is time left again? In short this means not enough of the shitty debt has been.transferred to us lucky europeans and that banks take too much of the losses. The more they stall, the better it is for the banks.
Tyler do you know who is left holding the bag if they exit now?
The loan holders are those who were insulated from the PSI.
That would be the ECB and IMF. Serious money at risk for them.
Greece need only play hardball and they will get this shit expunged.
No deal Greeks... See they get desperate they need you to help prop up and clean up their banks books....you have all the leverage...Greece has lost everything you don't have much to lose...but Europe/euro and the rest of TPTB who rely On a stable status quo are shitting their pants..
We're at the longest fiat streak in history. Almost 40 years:
http://www.kwaves.com/fiat.htm
Pretty incredible. I will give central planners credit for fleecing us for so long, but yeah, this is coming to an end.
Print until hyperinflation. Until a complete loss in the currencies occur. The politicians will push for more and more printing. The Federal Reserve will be glad to trash the dollar. A race to civil unrest as people won't be able to afford the necessities.
finally found the link and confirmation of the rumor, Bloomberg had totally buried the lead at their site;
http://www.bloomberg.com/news/2012-05-11/greek-president-to-tackle-post-...
Greece is too important a dominoe at this juncture to entrust to real democratic processes. Whatever it takes will be paid to keep Greece in line. As the banksters wish, the proxies will heed the command.
AS CITED BY THE REPORT “well informed” IN TODAY'S MEDIA LANGUAGE THIS PHRASE MEANS WE THE EDITORIAL OF THE NEWPAPERS OR MEDIA NEWS CENTER WANT TO MAKE A POINT, ITS BIAS AND HAVE AN AGENDA...IT DOES NOT REFLECT REALITY AND IF FACT FEW MINUTES LATER IT WILL BE DENY BY ONE OR TWO GUYS WITHIN THE TROIKA...IN SUMMARY DO NOT BELIEVE WHAT THEY SAY
Mr. panos, you make brooklyn proud. and i love restaurant (diner) food.
Can't find the article. Looks like major red herring based on some stupid tweets from a Bloomberg reporter. Rubbish...
Don't put it on Bloomberg (not that they are all that great) - this was the statement buried at the end of a long article on the present Greek political situation (i.e. President now going to get parties together for one last try, etc.):
"The troika is willing to make six important changes to Greece’s program if a pro-European government is formed in the country, Athens-based Real News reported in pre-release today of a story in its Sunday. These include an extension by one year, to end 2015, of the time Greece has to cut its budget deficit as well as to proceed with a restructuring of loans.
The troika is also willing to maintain the force of collective labor agreements, to alleviate the level of pension cuts or restore certain pensions to previous levels and to keep wage levels in the private sector and reduce the average tax burden on employees, the newspaper said."
NOTE: "Athens based Real News reported..."
Where the fuck they get their information? Who knows. Maybe they made it up.
As far as this being bullish for US markets on Monday morning - there is a hell of a lot of stuff can happen between now and then, including this trail balloon/rumor/leak/total made up bullshit - whatever it is getting totally discredited and forgotten.
And if it IS true, in a trial balloon/leak sort of way, look at the actual 'blinks' - not materially very damn much, maybe just enough to swing the Greek vote coming soon. Significant changes? My ass. A one year extension to cut their budget deficit? BFD. Restructure some loans (again)? Can kicking, plain and simple. None of these so-called 'changes' are significant, except for the precedence down line when it is Portugal's turn, or Spain, or... Course if this next Greek vote does not go to the banker's liking, the tanks are next - to hell with this voting shit.
Agree to the bankster deals ------> austerity.
Don't agree to the bankster deals ------> austerity.
Advertising on this site has gone to far. On my screen, story is about 4 inches wide and the 8 inches on is advertising. Does it have to take up most of the page?
What ads? Go here http://winhelp2002.mvps.org/hosts.htm and download that hosts file. Then copy it over your original one. It works in Linux too. Don't know about schnapple, never will.
First and last dogma of the Illuminati:
The fallacy of the EU and Euro must be maintained at all cost.
Too bad for Greece, really. And too late for the hope mongers. Global recession risk is 100% and markets will crash. PMs (and AAPL) are foretelling this to whom with eyes open.
Hope the Greek government nationalizes the Central Bank and prints the dracmas by himself, otherwise they'll be UE slaves for... how long???
Another reason to not be short over the weekend....EU bureaucrats have 48 hours to find a cheesy way out of the mess. Repeat as necessary.
Greek ships used to carry cargo all over the world's oceans. They were famous for being the least seaworthy of all merchant vessels. Salvage companies knew that a distress call from a Greek merchant vessel was going to problematic at best. 90% of the time the ship was gone before they arrived. Even if they did salvage the ship and tow it to port it was usually worthless. And now to the situation of Greece ...
THey still carry cargo all over. And some shipowners are infamous for their ruthlessness and scuttling ships to collect insurance.
I don't know about the unseaworthy part. Perhaps you're referring to the post-WWII when Onassis and others were buying up the surplus American ships at cheap prices, such as the Liberty ships. As far as I know shipowning families are tight groups within a larger tight group, and some subscribe to the tenet of not buying new ships, preferring older ones which they can mantain and thus save money.
One day, I discovered my Fallibility. The next day, I became a MAN!
Panos is gay and Greeks are crooks.
Germany may have to write off 77 billion or only part of it. Let 'em go BK. Germany can still collect from the new government. Screw these assfucking parasites. They've hoarded hundreds of billions away from the EU in foreign or church related bank accounts.
If Greece wants to live to see another day, they have to pay. That's not a threat, it's a promise. Germany will bury these fuckers. They pissed off the wrong crowd and stole from the wrong people.
It's all on the table.
currency war, trade war, shootin' war
All on the table, as in military invasion, too?
Germany still has a military?
OT: Just read this story from Teri Buhl linked at Max Kieser's site
http://www.teribuhl.com/2012/05/12/sec-tells-jp-morgan-enforcement-action-coming-over-bears-mortgage-backed-securities-violations/
SHTF??
I sincerely hope the Greeks, Italians and Spaniards can somehow escape the monstrosity that is the euro.
They need to hold on to their sovereignty no matter what.
As if, as if they were ever going to replicate the German ideology in these far more relaxed and easy going countries.
What a boring world it would be if we were to take a supposed relaxing vacation in Greece, only to discover that paradise had been replaced with the machinelike, precision based, dullard German system.
In a couple of years time it wouldn't surprise me at all to see Van Rompuy chilling at one of the many stunning Greek beaches, trying to forget the absolute debacle he was involved in.
Who wants the whole world to be like Germany? .. not me.
edit: apologies for the image of Van Rompuy at a beach.
WHACK-A-MOLE PROBLEMS FOR THE TROIKA:
http://online.wsj.com/article/SB10001424052702304070304577400872115209702.html?mod=googlenews_wsj
It seems the IMF was very quick to get into bed with the EU and ECB, would'nt have anything to do with its head being the ex Finance minister of France would it?, I hope she bought some protection with her.
I told you yesterday, Tyler: "Technical analysis of propaganda." When the propaganda on one side becomes too heavy-handed, expect an opposing stream of propaganda to begin.
Coming this week: Merkel and Hollande, holding hands and running barefoot through fields of daisies.
TD: Please re-introduce the math screening for your comment page.
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