Previously, China hinted that it would help Greece through the EU mechanism, but now there is an idea floated through a Chinese think tank that it might do so directly as the need arises, i.e. when the people of Greece chose to abandon the one-currency European Union.
Continue reading China May Aid Greece Directly
While the Atlantic nations and their allies are covertly negotiating on how to strengthen the Corporatocracy by passing secretive trade agreements that even the puppet lawmakers haven’t read yet or don’t really care to know what’s in them, the BRICS countries have been busy organizing multiple banks with committed funding of $100 billion each, to cater the needs of underdeveloped nations without the usual strings attached.
Continue reading $100B BRICS Monetary Fund to Be Operational in 30 Days
Tsipras is, of course, right; he had to call a referendum because the troika had delivered “an ultimatum towards Greek democracy and the Greek people.” Indeed, “an ultimatum at odds with the founding principles and values of Europe.”
Continue reading Athenian Democracy vs. Neoliberal Gods
Do the Greeks deserve to be free from debt slavery?
As harsh as this simple question would be, this actually applies to everyone. The rulers of the world have their own doctrine, i.e. a presumption that people must be ruled before they kill themselves with their freedom.
Continue reading Greek Default: What are the Options?
China is reportedly actively intervening in the Eurozone crisis especially with the issue on Greek default and has promised to throw in more funds to force both parties to continue talking.
Continue reading China Intervenes on Greek Default
We’ve long known that trade pacts and organized economic blocks are not really instituted for our benefit but for facilitating totalitarian control in its grandest scale, and the recent leaking of the IMF document, emphasizing the futility for Greece to have accepted the Troika’s terms, only proves that sinister objective even more.
Continue reading The Lies and Deception Known as the European Union
After the Greeks say a loud “OXI” come July 5th, Greece might consider Putin’s offer for her to become the newest BRICS member on July 9th as the organization holds its annual meeting in Russia. When that happens, it will be the biggest slap to the European Cabalists as the once beacon of democracy officially pivots to the East.
Continue reading Greece Intends to Become A BRICS Member
Earlier, the ECB committed to not cutting the ELA funds to the Greek banks. But this has turned out to be a fluke as most of those in the Troika are hell bent on toppling the Tsipras government in much the same way as they imposed sanctions on Russia to topple Vladimir Putin.
Continue reading Greece Closes Banks 'til Referendum as ECB Flip-flops on ELA
Stock markets worldwide are plunging just by the virtue of the Greeks’ unwillingness to bite the austerity bullet once more as imposed upon them by the Troika Vulture Funds.
Continue reading Cabal Markets Plunge as Greeks Scream “We don’t owe, we won’t sell, we won’t pay.”
This could be temporary, but the ECB is not cutting off liquidity yet and Greek banks may open tomorrow as usual. But to mitigate massive withdrawals, the Greek government might impose some form of capital control this time around.
Continue reading ECB Just Folded to Greece!
That’s Greece Finance Minister Yanis Varoufakis asking the hard question, and if you have read the article “Fiat Financial System’s Assured Collapse Sans Greek Contagion”, you will understand that the answer to that question is a big NO.
Continue reading Can Democracy and a Monetary Union CoExist? – Varoufakis
Here’s a good rundown which we can all relate to what’s happening over there in Greece. After all, both sides of the Atlantic and thereabouts are being choked and bled upon by the same group of financial Corporatocracy leeches.
Continue reading 'We Are All Greeks'
Pain, heartbreak and then…. Recovery!
That’s from their own Thema news network, and that maybe is where the Greeks are headed after the majority in the Greek Parliament voted to have the Troika bailout terms be put to a national referendum.
Continue reading What's Next for Greece?
This is a pretty concise and truthful take on the current mufti-layered financial-geopolitical drama centered on the Atlantic economies, and is a very useful addition to what we already know to date.
Continue reading Fiat Financial System's Assured Collapse Sans Greek Contagion
Greek PM Tsipras just submitted the IMF/ECB/EU’s “humiliating and blackmail” bailout proposal that requires the Greek government to impose VAT as high as 45%, and massive pension cuts that have resulted to the widespread “misery and pillaging” of the country since its debt crisis exploded five years ago, to a national referendum.
Continue reading Tsipras Gov't Submits EU Bailout "Blackmail" to Nat'l Referendum; Greeks Still Lining Up in ATMs @ 2AM
PM Tsipras’ upgraded austerity and bloodletting proposals were rejected earlier by the IMF. Now, an IMF counter-proposal has been leaked into the media.
Continue reading Greece Creditors' "Absurd" Counter Demands Leaked!
After five months of melodramatic debt negotiations, it turns the Troika fiat money lenders are better poker players than the current Syriza government in Greece. It decided to bite the bullet, i.e. a six month supply of paper money in exchange of a sizable pension funds and an increase in VAT collections.
Continue reading Greek PM Tsipras Capitulates to Fiat Troika Vultures
EU meeting is about to start to find ways to contain the possible tsunami and contagion of a Grexit which is now fast becoming a reality as the Greek Prime Minster, Alexis Tsipras, is reaching out to Russia.
Continue reading Greek PM Tsipras Sighted in Russia as Euro Cabalists Scramble for EU's Future
In a preliminary move to declaring default, the Greek Debt Committee concluded that all debts to the troika are odious and illegal.
When the default is declared officially it will be the beginning of the end to the single currency union that is the Eurozone.
A few more sleep, folks!
Continue reading Greek Debt Committee Just Declared All Debts "Illegitimate, And Odious"
The Eurozone Central Bank, Germany and IMF have been dragging the Greek debt negotiations for months now in an effort to bleed the Greeks to the maximum possible.
Continue reading "We Won't Surrender" – Greek Defense Minister Kammenos
In our previous post, When Empires Fall, a Brazilian journalist arrives at a a bold but not entirely baseless conclusion about how the United States may follow the template of the Soviet collapse in the early 1990s where individual states within the communist union decided to break away from Mother Russia.
The problem for the Americans, and the world at large, is…
Continue reading Texas Takes 1st Step to Secession by Repatriating $1Billion Gold from Federal Reserve
We were all expecting a grand global announcement of a shift from fiat dollar to gold standard, actually a basket of sovereign currencies backed up by hard assets, e.g. oil, natural gas, copper, silver and gold, and yet, it is turning out not to be the case.
What we are seeing right now is a gradual implementation of that shift.
Continue reading Power of Gold
Our Canadian friend, Lynn K, is reporting to us about an incident whereby a fellow customer’s payment was refused at the Dollar Tree store in Ontario.
Continue reading Dollar Tree Canada Not Accepting American Dollar Bill Anymore
The G7 clowns will proceed to the annual secretive Bilberberg Conference this week at Telfs-Buchen, Austria, just about 20 minutes away from where the G7 Summit was held.
Continue reading AI & Cashless Society: Top Bilderbergers' Agenda
Now that the Greeks have shown their resolve not to accept more austerity dictates from the Troika, suddenly, no less than the head of the European Parliament is expressing readiness to “meet Greece halfway” to finally end the the four month long impasse in the Greek-Troika Debt negotiation.
Continue reading Will Europe Survive the Collapse of the Euro System?
The collapse of the Greek economy is fast approaching.
There’s a very high probability that it won’t be able to pay $1.8 billion owed to the IMF this month.
Both Tsipras and Putin are said to be talking about the options in dealing with inevitable possibility of a “Grexit”.
The local banking industry is already heating up from massive withdrawals.
Continue reading Greek Banks On Verge Of Total Collapse
To his credit, Tsipras has been very patient with the Troika for the last several months since taking power. He even went to great lengths like replacing Yanis Varoufakis as its country’s chief debt negotiator just to appease the EU creditors, but to no avail.
Continue reading Greek PM Tsipras Lambasted Troika's Absurd Demands
Three days ago, Greece interior ministry admitted it won’t have money to pay its June obligations to the IMF. A sizable $1.8 billion needed to be raised and from the looks of it, nobody in the EU is willing to kick the can one more time.
Continue reading Greece @ Breaking Point; Grexit Will Trigger ECB Demise
In the run-up to the 7th BRICS leaders Summit to be hosted by Russia, Foreign Minister Sergey Lavrov will attend an event in Moscow on Saturday to outline priorities for Russia within the group of five.
Continue reading Outline of ‘Future of BRICS institutions’
The $100 billion Asian Infrastructure Investment Bank’s 5th Chief Negotiators’ meeting has ended in Singapore on Friday.
Delegates and representatives from 57 countries which had joined the China-led Bank as founding members have discussed stake-holding, draft of articles and shares in the newly found lender.
Continue reading AIIB Members Discuss Shareholding & Other Specifics