Must See: Greece Explained In One Picture

Tyler Durden's picture

We were going to do a caption contest out of this image, but unfortunately this is not funny. It is tragic. Many people will lose all their money, savings, livelihood, and more because of this...

What is it? It is a picture taken at the Athens ministry of finance.

It is part of a full documentary (go to 24 minutes in for the lack of money shot) released a few days ago by German TV station ZDF called The Greek Lie. It is self-explanatory, and shows where 2 years of bailout funds went, or rather didn't, and why 2 years to the day after the first bailout, not only is Greece not fixed, but is days away from leaving the Eurozone, but at a cost to taxpayers of nearly half a trillion.

We urge anyone, even non-German speakers, to set aside 45 minutes and view the clip below. It is unsettling at best.

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jcia's picture

Just keep on studying. One day you will be able to print money like bernanke.

hedgeless_horseman's picture






The taxonomy bot does have a sense of humor.

AldousHuxley's picture

they are to be contestants on the TV show Hoarders


but what's in those black bags? IOUs? left over take outs?

The Big Ching-aso's picture



It's like a Bowery yard sale advertized on Christoslist.

Harlequin001's picture

Is Gpap still in there somewhere?

iDealMeat's picture

holey frickin eyebrows @ 1:11


Xinu's picture

LOL! I'm glad I'm not the only one who saw those monsters!

Colombian Gringo's picture

Yes, the topic  is serious, but that photograph of the finance ministry is  just still too fucking funny!

The Big Ching-aso's picture



It looks like turd world donations at a Badwill Store.

I am more equal than others's picture

Going Greek - bending over and taking it since Alexander.

The Big Ching-aso's picture



A day at the office in Greece sometimes feels like a day at the landfill.

Carl Spackler's picture

The video showing pictures around the Finanz Amt (Greek Finance Office - with tax collection rolls) is just par for the course.

Fascinating piece.

Bottom line...the whole Greek and Euro crisis is built on political corruption gone wild...they are professionals in a game the Amateur, Obama, has been forcing the US populus to try and play. Of course, Immelt and Blankfein and Corzine and Dimon have been trying to master such.

Greek crooks in government do their quid pro quos with Greek crooks on yachts, over and over again, until the thing bankrupts.  Then, all of them escape to Monte Carlo on their yachts, while the naive Greeks starve and cannibalize each other on the land that is called Greece.

Such a Mediterranean mentalitty...when the boat starts sinking get off first with as much loot as possible and leave everyone else to go down with it.


citta vritti's picture

loose translation/summary avaialbe at Day_of_the_Tentatcle's postings below.

"lack of money shot" is earlier than cited, at 5:20 or so; all the scarier because two or three scenes before was video of people and garbage in the streets and it looks just like this MoF storage area

hbjork1's picture

Ah! Advanced risk management.

redpill's picture

I hear Dave Hester is setting up an auction house in Athens.  YYYUUUPPP!


EndTheMedia's picture

This actually sounds like a great way to solve there problems. 

The Big Ching-aso's picture



"To the right of our tour bus you'll notice one of our more famous ruins, The Ministry of Finance."

trebuchet's picture

Ok so THAT's Where the Troika funds are kept.

johnnymustardseed's picture

I swear I see a picture of Jamie Dimon on the back wall

The Big Ching-aso's picture



"The Sword of Dimoncles hangs like an angry penis across our land."

-George Michael


Freddie's picture

The irony is Jamie Dimon is a Greek-American married to a tr*be member.

Bubble's picture

The Greek MoF is merely storing all of the collateral the ECB received in their LTRO operations. The least they could do.

Jendrzejczyk's picture


After rehypothication, that chair is worth 1.7 trillion euros.

Peter Pan's picture

Maybe they could make an appearance on Storage Wars.

The Big Ching-aso's picture



The good news is that if they start WWIII in Greece there'll be very little infrastructure around to destroy.

americanspirit's picture

MF Global customer account documents. Plausible deniability for JPM London - damn, we just can't find those things. It's like they vaporized or something.

The Big Ching-aso's picture



The Grape Leaves of Wrath.

-John Steinopolous

mjcOH1's picture

"but what's in those black bags? IOUs? left over take outs?"


Small bills.   Not even the cleaning crew would take the bags of 1 euro notes.   Too close to the stink of work about that....

Tortfeasor's picture

Dying for an english translation.

Rainman's picture

Der mann, der lachelt, wenn Sachen falsch gehen, hat an jermand gedacht, um es an zu tadeln.

The man who smiles when things go wrong has thought of someone to blame it on.

WonderDawg's picture

But the man worthwhile is the man who can smile when his shorts are too tight in the seat.

WALLST8MY8BALL's picture

Are you my Pal? Mr Scholarhsip Winner? hmmm hmmmm hmm?

Harlequin001's picture

Nothing left to fight over now but the land itself.

Good stuff this fiat money eh,? It's amazing what you can do with it, given a banking licence and some pals in govt...

mtomato2's picture

...Looks like they still have a couple of chairs... they got that goin' for them... ...which is nice...

Calmyourself's picture

Yeah, a few chairs but the music is about to stop and their are millions of them...

The Big Ching-aso's picture



"Christos!    Where in the phuck did you put the abacus?"

Beaver_Valley's picture

Nice one! I snickered and I've only had two glasses of wine - normally it takes more...

Harlequin001's picture

you see the real problem is that having just necked a few beers I actually understand German. Amazing...

trebuchet's picture

and the man with the smile in the short shorts for a while will huff and a puff and tweet tweet


BidnessMan's picture

We need Judge Smales as Attorney General.  Eric Holder is not doing anything

Reptil's picture

Ok, but it was COMPLETELY CLEAR ALL THE TIME that it was a black hole.
The Brussels bookkeeping looks neater (computers) but is just as big a mess.