You must hear the real Greek Tragedy!
You must hear the real Greek Tragedy!
“People’s dignity is worth more than illegal, illegitimate, odious and unsustainable debt”
Tsipras had long been expected to seek early elections in the autumn. But he was forced to move quickly after nearly a third of Syriza lawmakers refused to back the program in parliament last week, robbing him of his majority.
“Keep in mind, do not have all your money in one place. Keep a stock of cash outside the bank. Cash is recognizable for daily transactions for now.”
He also said that other ministers will refuse to sign a bad deal and there will be a government reshuffle.
Yanis Varoufakis explains why talks aimed at renegotiating Greece’s debt broke down without an agreement.
Indeed we are concerned that sponsored terror or assassinations could befall the Greeks…
Again, we are watching for agreements that hint at the shake up or shake down for future months within the criminal activities of the institutions still at large.
We recognize the criminal agents and officials within the institutions will not stop their criminality and the roles are playing out as need be…
“Yanis Speaks the truth” Greece is insolvent.
Max Keiser and Stacy Herbert discuss the Greek situation and that a nation is not what it thinks it is but what others attempt to hide about that nation – like the fact that it is bankrupt.
They discuss the role Goldman Sachs played in helping Greece hide its debts and, thus, strapping it to the euro and the mispricing of real risk by well-compensated bond investors lending to Greece at ultra low interest rates.
They also discuss that, while deflated footballs was the main headline on the nightly news in America, a memo was delivered to Obama outlining the various ways that brokers defraud American investors of years worth of retirement income.
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
Varoufakis has said that Greece wants “a bridging program between now and the end of May, which would give us space – all of us – to carry out these deliberations and in a short space of time come to an agreement.”
However, Dijsselbloem told reporters when asked about Greece’s requests: “We don’t do bridging loans.”