When Trust & Truth are Lost you face One Hundred Percent Of Nothing.
Some important things to consider as state sponsored financial terrorism breaks out in Greece:
- Greek sovereign debt among highest yielding bonds.
- G20 ministers gather in Istanbul to discuss Greece, Turkey is hosting the G20 finance ministers and central bank chiefs for the first time as it holds the rotating presidency of the elite global club. Ministers and central bankers from the world’s top 20 economies gathered in Istanbul on Monday, February 9, to discuss solutions to the debt crisis in Greece and ways to push forward faltering global growth.
- Greece is not a member of the G20, thus the probabilities are high that strong arm threats will be exerted against Greek officials, or a angel will rescue the Greek debt (such as members of the BRICS alliance).
- The “Greatest” Carry Trade Ever?
- Days ago, ECB Rejected Greek Bonds As Collateral, then U.S. stocks ended lower…
- The Greek stock exchange plunged over 5.0 per cent on Monday reflecting investor unease after Tsipras’s rousing policy speech to parliament.
- Greek Investors Buying More Gold Coins From U.K. Royal Mint
- IMF & ECB Hold Emergency Meeting For Greece, Tomorrow!
What other terror can be expected in Greece as the Greeks seek remedy?
- Review and Update Your Emergency Preparedness Plan.
Greek demand for gold coins is rising as common citizens worry that Greece will exit the Euro. They have been taking cash out of the banks hoarding and buying gold coins as well according to the U.K. Royal Mint. But the bulk are simply hoarding cash and we are starting to see US dollars flowing to Greece in the physical context. This is all about confidence. The uncertainty of the future causes people to hoard. –Armstrong
“Economic reforms and “forceful” monetary and fiscal policies will be crucial to sustaining global growth against a backdrop of a number of geopolitical challenges, top finance officials from the United States and Great Britain wrote in a joint op-ed for the Wall Street Journal published late Sunday.
The commentary by Jacob Lew, the US treasury secretary, and George Osborne, the British chancellor of the exchequer, came a day before finance ministers and central bankers gather in Istanbul, Turkey, for a G20 meeting where sluggish growth in Europe and a Greek push to refinance its debt are likely to take center stage.”
“there is a heightened sense of urgency at this year’s G20 meeting for leaders to make good on a pledge made last year in Brisbane, Australia – called the Brisbane Action Plan – to create millions of new jobs and increase the sizes of their economies.” –dw.de
[bold font added for our discussions. ~Ron]
See comments section for more discussions and information.