Like we have said earlier, the Greek drama will become more involved in the days ahead and much bigger players will come in.
Continue reading The battle is about to begin
Category Archives: Financial Crisis
The Biggest Winner From The Greek Tragedy
The economic turmoil in Greece and elsewhere are not caused by force majeure but deliberate. It can be avoided to happen again in the future as it should not have happened in the first place, provided the creation of shadow wealth is prohibited.
Continue reading The Biggest Winner From The Greek Tragedy
Inflexible EU Creates Conditions for Russia and China to Act
There is a great probability that even with the resounding NO vote against austerity the EU Vultures will never give away their inflexible position and just let the Greek economy slide deeper into recession. This creates impetus for the BRICS Alliance to come in as it has been itching for the past few weeks before the successful Greferendum.
Continue reading Inflexible EU Creates Conditions for Russia and China to Act
Is Varoufakis Troika's Trojan Horse?
The Greek bailout referendum is ongoing and while waiting for the results in a few hours, it may be good for us to sift through the information and issues that come across pertaining to the Greek Crisis.
Continue reading Is Varoufakis Troika's Trojan Horse?
Troika Lenders are Terrorists!
“There is a name for what they are doing to Greece: terrorism… Why did they forced us to close banks? To strike fear into people. And when we are talking about inciting fear, this phenomenon is called terrorism,”
China May Aid Greece Directly
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
Athenian Democracy vs. Neoliberal Gods
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
The Troika Swindlers Are Just Stalling, The British Monarchy is Not
Most of us here have already understood that the whole financial system is rigged down to its core. We understand that the money they conveniently called liquidity are made out of thin air; the only stock in the market that is not subject to speculation is the human resource and the products they produced. The rest are mere pigments of their imagination and have nothing to do with the real economy.
Continue reading The Troika Swindlers Are Just Stalling, The British Monarchy is Not
Greek Default: What are the Options?
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?
It's Midnight in Brussels; Greece has Defaulted!
As expected, Greece decides to default on its fiat obligations to the Troika.
Continue reading It's Midnight in Brussels; Greece has Defaulted!
Greece Won't Pay IMF Dues Today, Declaring Default
This is of course logical since a NO vote is highly expected on the 5th of July, the day of the Greek Referendum on IMF bailout proposal. Besides, even if it wants to, the Greeks are just bleeding long enough it would be impossible for them to pay without collapsing their own economy permanently.
An official declaration of default to the fiat economic system will be announced later today.
Continue reading Greece Won't Pay IMF Dues Today, Declaring Default
Greece Closes Banks 'til Referendum as ECB Flip-flops on ELA
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
ECB Just Folded to Greece!
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!
Can Democracy and a Monetary Union CoExist? – Varoufakis
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
'We Are All Greeks'
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'
Fiat Financial System's Assured Collapse Sans Greek Contagion
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
Tsipras Gov't Submits EU Bailout "Blackmail" to Nat'l Referendum; Greeks Still Lining Up in ATMs @ 2AM
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
Greece Creditors' "Absurd" Counter Demands Leaked!
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!
China Creates "EU Fund" as the Global Reset Continues Without MSM Coverage
From China’s perspective, the Eurozone economy has collapsed simultaneously with the United States back in late 2008.
Since then, both sides of the Atlantic just kept kicking the can by cooking the books, fantastic economic speeches and by persistently banging the drums of war for increasing military budget to continue feeding the military industrial complex.
Continue reading China Creates "EU Fund" as the Global Reset Continues Without MSM Coverage
Greek PM Tsipras Lambasted Troika's Absurd Demands
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
Deutsche Bank Prepares Game Plan for ‘Brexit’
Previously, it was the European Central Bank [ECB] that’s in the news for allegedly preparing for a possible Greece exit from the Eurozone. Now, it’s Germany Deutsche Bank’s turn to hit the news for having explored the inevitable UK exit from the EU.
Continue reading Deutsche Bank Prepares Game Plan for ‘Brexit’
IMF Lagarde Urges Renewed Crackdown on Bankers' Bonuses
One more indication that the IMF as an institution is now allied with, if not under the full control of the BRICS World Bank, is the renewed call for clampdown on bank CEO bonuses which is like adding insult to injury to an already battered global economy.
Continue reading IMF Lagarde Urges Renewed Crackdown on Bankers' Bonuses
Western Financial Insanity Grips the World
Depending on where you are today, cash is under persistent attack or is already dead. Your pension fund, or your parents’, is under state-sanctioned robbery, too. The people are starting to realize something very wrong is going on and do want to react, but how?
Continue reading Western Financial Insanity Grips the World
U.S. Financial Collapse Looms; "Agents of Chaos" Encircle Eurasia
While Eurasia is integrating all its resources, the enemy is desperately using its band of rouge mercenaries to sow chaos along the borders of the Reformist BRICS.
Meanwhile, the battle for world financial control is being wrapped up with the US, Inc. expected to collapse for refusing to join the BRICS AIIB.
Continue reading U.S. Financial Collapse Looms; "Agents of Chaos" Encircle Eurasia
Crude Awakening: Dutch Shell Profit Plunges 56%
Royal Dutch Shell, the UK’s largest oil company, only scraped in $3.2 billion profit in the first three months of 2015, a near 60 percent drop from $7.3 billion the oil behemoth earned during the same period last year.
Continue reading Crude Awakening: Dutch Shell Profit Plunges 56%
Greek Bank Wipes Out Poorest Customers' Debt
In a rare move for the industry, one of the biggest banks in Greece decided to forgive the debts of its low income customers. On the other hand, Yanis Varoufkis has been replaced as debt negotiator for failing to produce results in the last three months of talks with the Troika.
The Tsipras government realizes that the proud members of the Troika negotiating panel couldn’t stand Varoufakis’s tendency to lecture them about a more slave-friendly debt policies anymore.
Continue reading Greek Bank Wipes Out Poorest Customers' Debt
Britain's Wealthiest Double Net Worth Since Crisis
Richest 1,000 families control total of £547bn, rising by more than 112% since 2009, and own more than poorest 40% of British households
Britain’s billionaires have seen their net worth more than double since the recession, with the richest 1,000 families now controlling a total of £547bn.
Continue reading Britain's Wealthiest Double Net Worth Since Crisis
Treat or Traitors: Troika Sabotaging EU Economy
The Euro and dollar are neck in neck. Unemployment is rampant and many are facing the crisis of whether or not to leave the EU to find work. Some would say there’s been no recovery at all. Especially those who followed the trail of the Troika-a group meant to help the economy but might have destroyed it.
Continue reading Treat or Traitors: Troika Sabotaging EU Economy
Vatican: The Greatest Usurper Enslaving All of Humanity
Long ago, the Vatican has declared us all “lost at sea” or dead and therefore it must manage all our Estate forever.
Russia Bailing Out Greece via Turkish Stream
This is how Putin is helping the Greeks in concrete and “no string attached” terms.
Continue reading Russia Bailing Out Greece via Turkish Stream
Tsipras Putin Meeting Update
Greek Tsipras’ visit to Putin has concluded without financial packages being talked about, and yet Greece was able to pay $450 million to IMF on time. Find out how…
Continue reading Tsipras Putin Meeting Update
Greeks Go Russian
We are on the eve of another historic talk of progress, this time between Greece and Russia, which should led the Greeks leaving the Eurozone as the latter is trying to sweeten the pie a bit more while the German government is maintaining its inflexible posturing.
Continue reading Greeks Go Russian
New Global Currency Trading Principles: A Band-Aid to A Failed Economic System
Any rectification to the inherently defective financial system is just another “Band-Aid” solution that will never solve the problem.
Continue reading New Global Currency Trading Principles: A Band-Aid to A Failed Economic System
An Early Form Of Capital Controls In America
Something stunning took place earlier this week, and it quietly snuck by, unnoticed by anyone as the “all important” FOMC meeting was looming. That something could have been taken straight out of the playbook of either Cyprus, or Greece, or the USSR “evil empire”, or all three.
Continue reading An Early Form Of Capital Controls In America
U.S. Losing Grip on IMF / World Bank as 'Policy Instrument"
The United States has been using its clout at the IMF and World Bank to influence internal policies of its “allies”.
Those who are controlling the USA, Inc. have to confront the reality that they are about to say goodbye to the good ol’ happy days as countries around the globe are reasserting their lost sovereignty.
Continue reading U.S. Losing Grip on IMF / World Bank as 'Policy Instrument"
ECB Preparing Massive Loss on Greek Exit from Eurozone
Greece departure from Eurozone is already a foregone conclusion. Even its own primary creditors, i.e. Germany, France, Italy, are themselves leaving home for economic survival from the East.
The multi-dimensional BRICS offensives are simply excruciating. Even going to war is not feasible.
Continue reading ECB Preparing Massive Loss on Greek Exit from Eurozone
EU advises Greece not to help the poor; PM Tsipras Visiting Moscow Soon
True to its elitist character, the EuroGroup just told the New Greek government not to provide freebies to its poor citizenry, so it could pay its usurious debts.
However, Tsipras administration is fully committed to fulfill its campaign promises and will be talking to Putin soon.
Continue reading EU advises Greece not to help the poor; PM Tsipras Visiting Moscow Soon
Euro Spirals Toward 1:1 Parity with USD
This is obviously part of the gradual global currency reset which is now beyond the control of the banksters.
Continue reading Euro Spirals Toward 1:1 Parity with USD
Greece Threatens to Seize German Property For Unpaid WW2 Reparations
The Greek Revolution continues…
For at least two times in a row, the new Greek government were folding their cards against the EuroGroup powerplay only to stage a very uncomfortable counter-offensive against the Nazis who cannot escape from their horrid past.
Continue reading Greece Threatens to Seize German Property For Unpaid WW2 Reparations
Greek Government To Investigate Bailout
Sick minds are only capable of formulating destructive ideas producing bad results.
The financial trickery of creating wealth out of thin air, and ultimately through the sweat of the Common Man by forcing countries to suffocating cycles of debt has come from the sick notion that the world is really meant to be ruled by the few highly organized bloodlines.
Continue reading Greek Government To Investigate Bailout
Most Americans Are Slaves; Israel Asks U.S. $300mn for Missile Defense
During the time of the Marcos Dictatorship (1966-1986) we were mocked at as the “Sick Man in Asia” or “a country of 60 million cowards and one son of a bitch” by the Americans of those days.
We did revolt eventually in 1986, only to be hijacked by the Jesuit/CIA agents comprising the Council of Trent – Makati Business Club clique, the day after they appointed Corazon Aquino, widow of opposition leader Ninoy Aquino, to the presidency.
“Ninoy” Aquino was assassinated 3 years before, and US politicians and mainstream media were blaming the Marcoses for his death. Assassination of opposition leaders is not new for the CIA.
The root cause of our problem, therefore, is not domestic but foreign.
So, what would you do when you start to realize you’re just a slave, and the very government that’s killing your countrymen through false flag operations like 9/11 WTC would ask for more military aid on top of the $100 billion your government have provided before?
Would you just stand idly by and do nothing?
Continue reading Most Americans Are Slaves; Israel Asks U.S. $300mn for Missile Defense
50 Shades of Greece
by Raúl Ilargi Meijer of The Automatic Earth
When it comes to the ongoing Greek question, I see a lot of people eagerly jump to conclusions, after the ‘debt deal’, that I don’t think are justified; certainly not yet. The overall conviction in the press seems to be that Syriza has given in on just about all fronts, and Germany and Dijsselbloem are the big winners.
Continue reading 50 Shades of Greece
Will Greece Be First in Europe To Join BRICS?
The newly elected Greek government remains defiant amid the scaremongering of European bankers led by Germany.
They are holding on to their campaign commitment of not accepting austerity-bearing loans, and they are demanding that Germany should pay for the economic damages it had inflicted on Greece during World War 2. These damages included interest-free bank loans and infrastructure damages it made against Greece.
Will Greece Be First in Europe
To Join the BRICS?
by Dean Andromidas
[PDF version of this article]
Feb. 2—The Greek people gave Syriza and the Independent Greeks an overwhelming mandate in the July 25 elections to say “ochi” (“no”) to their foreign oppressors. The performance of the new government, led by these two parties, in its first week in office, demonstrates that it is fulfilling expectations—much to the consternation of the Euro-fanatics bent on saving their dying financial system.
Continue reading Will Greece Be First in Europe To Join BRICS?
HSBC Leak: How the 1% Are Hiding Their Money From the Taxman
A number of media organizations received access to leaked secret bank account files, which reveal that HSBC’s Swiss banking subsidiary helped its clients to dodge millions in taxes, conceal assets and obtain untraceable cash.
Continue reading HSBC Leak: How the 1% Are Hiding Their Money From the Taxman
BREAKING: Ukrainian Currency in Free Fall
Looks like the Cabalist Caprices could not be sustained anymore.
While ECB is gasping its last breath, Merkel and Hollande are meeting with their Russian counterparts discussing how to end the slaughter of Nazis in Ukraine, a senseless war they themselves started.
To make matters worse for these Nazis, it’s currency hrivnia is taking plunge as the Ukrainian Central Bank is tired of controlling its rate artificially.
Continue reading BREAKING: Ukrainian Currency in Free Fall
ECB Pulls The Trigger: Blocks Funding To Greece
Submitted by Tyler Durden on 02/04/2015 16:25 -0500
Just what the market had hoped would not happen…
- *ECB SAYS IT LIFTS WAIVER ON GREEK GOVERNMENT DEBT AS COLLATERAL
- *ECB SAYS IT CAN’T ASSUME SUCCESSFUL CONCLUSION OF GREECE REVIEW
What this means simply is that since Greek banks are now unable to pledge Greek bonds as collateral and fund themselves, and liquidity is about to evaporate, the ECB has effectively just given a green light for Greek bank runs, as suddenly it has removed, both mathematically but worse politically, a key support pillar from underneath the already bailed out Greek banking system, (or merely a negotiating move to let Greece see just what kind of chaos this will create ahead of the big D-Day on Feb 25th when ELA could be withdrawn).
Continue reading ECB Pulls The Trigger: Blocks Funding To Greece
Sanders Exposes 18 CEOs With Trillions in Bailouts, Evaded Taxes, Outsourced Jobs
Sen. Bernie Sanders fired back at 80 CEOs who wrote a letter lecturing America about deficit reduction by released a report detailing how 18 of these CEOs have wrecked the economy by evading taxes and outsourcing jobs.
Continue reading Sanders Exposes 18 CEOs With Trillions in Bailouts, Evaded Taxes, Outsourced Jobs
Who is Yanis Varoufakis, Greece's New Finance Minister?
Europe’s Oligarchy has been caught off-guard by the look, style and character of the new finance minister in Greece, and they have all reasons to be.
Continue reading Who is Yanis Varoufakis, Greece's New Finance Minister?
Croatia Writes Off Debt of 60,000 Poorest Citizens
Of all countries hit by the ongoing financial crisis, it’s Croatia that is doing a first, i.e. write off its citizens’ debt, in cooperation with their creditors and its revenue department.
So if this solution is available all along then why would other countries not bailing out their citizens instead of the banks?
Why kill the real markets, i.e. the customers or the people, instead of sacrificing the corporations?
The only explanation is Agenda21, or the deliberate reduction of the global population through massive hunger.
Continue reading Croatia Writes Off Debt of 60,000 Poorest Citizens
Greece Just Killed the "Troika"
Updates:
- European Commission Plans to Find Alternative to Troika of Greek Creditors
- Greece goes ‘cold turkey’ on loans: France to support debt relief, no chance of write-off
- Greek Elections Can Spark
Shift to European ‘New Deal’
Original article:
“Nigel Farage commonly used “troika” to explain how the Greek government was run after the euro crisis in Greece. Farage pronounced “troika” as a derogatory term to refer to a “dictatorship” that is composed of a member of the International Monetary Fund, European Central Bank, and European Commission that “flies into Athens Airport and tells what the Greeks can or can not do.” [Wikipedia]
Greece, under the Syriza administration, is keeping its campaign promise of not taking any more bailout funds from the Union nor fully cooperating with it, effectively destroying the Union itself.
No less than Eurogroup chief Jeroen Dijsselbloem admitted this to be a fact.
Spaniards may be navigating g on the same track.
It is interesting to note that while Germany is threatening Greece about further “haircut”, or that the latter could be facing shortage of paper money soon, Russia is offering to bail Greece out should it decide to ask for it.
All of these mind-blowing events are happening within the first week only of Syriza Party”s hold on the Greek government. Yanis Varoufakis, the new finance minister, is also a blogger.
Watch the BBC interview on Yanis Varoufakis, too. It’s pretty clear the Cabal journalist is having a hard time.
Continue reading Greece Just Killed the "Troika"
Russia Continues Financial Offensive
While European Cabalists are bleeding, Russia takes another offensive. It just doubled its gold purchases.
Draghi could only print more worthless paper money he wish he had.
Continue reading Russia Continues Financial Offensive
Euro Free Falling; Draghi is Dragged with it
Only recently, Draghi announced its 1.5 Trillion Euro Fed like quantitative easing, bond buying spree, and yet it falls below the bankers’ expectations. In fact, Denmark is now hyper-enticing the bond market by offering a subsidy to those who would buy these toxic derivatives.
Continue reading Euro Free Falling; Draghi is Dragged with it