Translate

Tuesday, 21 July 2015

Greece ... Looking like a Beaten Dog?

Corporate media is saying Greece is out of trouble now, everything is fine! This is great news, lets raise the veil, see what has happened ...

What has happened is Greece got themselves a new credit card. They withdrew as cash on that credit card and they used it to pay off their old credit card. What do the people of Greece have after they paid the interest payment to the IMF - ECB ?

More debt! Actually little has been resolved for Greece considering what rests on the surface of this debt.

What is on surface is Greece retail trade has lost over 600 million euros, with over 6 billion euros frozen in business transactions. Everything is fine, Greece is out of trouble says corp media? Really, seems not a lot has change, just a greater burden of debt on a country simply treading water to sustain itself.

Capital controls are still in effect. Though banks are now open and they have raised daily withdrawal from 60 euros to 420 for the entire week. BAnks continue to limit people of the amount of money they are allowed to take out. People cannot transfer any money out of the country. Basically, the banks remain in control and continue to prevent peoples` access to `their` money.

Acceptance of this new bail out must have put a lump in the throats of most Greek folk. Considering Greece really doesn't have an economy right now with 40 percent unemployed. A dye has been cast for greater austerity, equaling higher unemployment that could very well see Greece going bankrupt ... again.

But the IMF did get it s debt money, and that is what this is all about. In the end, the bankers could potentially take all of Greece s resources, their property, their livelihood, it wouldn't be a surprise to hear pension cuts are coming. Leaving the Greece people with absolutely nothing.

The Greek Government is still pushing the Turkish pipeline deal. Greece Finance Minister says this a good deal for the Greek people. The European Union is putting a lot of pressure on the Greek Government as they want them to cancel this deal. They don't want them to implement this deal with Russia. The EU is saying we bailed you out, you agreed to this, you need to cancel this deal. If Greece stays with the Euro Zone as Corp Media says they are, then how is Greece going to be able to keep this deal?
  
We will start to see why Greece PM Alexis Tsipras went against its own people. Whether it was greater wisdom then the people realize, or it was scare tactics, possibly through this new `Greek-Exit-Black-Book` that has been brought to light.

Could it be that the bankers said to Tsipras .."if you do not go along with this deal we are offering you right here, civil war is going to break out in Greece, the country is going to be forced out of the currency block, you will see tanks on the streets, and there will be blood shed." Just like in 2008 when these very same bankers said to the USA in their 2008 banker bailout. And just like the US Congress folded then, so too now did Greece PM Alexis Tsipras.

With other European Nations watching on the sidelines as their debt payments come due to the IMF, they too will experience similar tactics if they chose to rebel.

Greece is the worlds example of that being so.

At this moment 24 Nations are facing the same debt crisis as Greece. And sooner, or later these debt occurred nations will become similar. Particularly with their relationship to the Euro currencies sustainability and debt.

Imagine for a moment North America using something like say an Amero. One big question mark considering the Trans Pacific Partnership being pushed forward by Pres Obama and PM Harper un-benounced to you.

Spain's debt to GDP has risen from 69 to 98 percent. Italy went from 116 to 132 percent. France 85 to 95 percent. Belgium is at 106 percent to GDP. Ireland is at 109 percent to GDP. Portugal is at 130 percent to GDP.  Are only examples of the 24 countries that are looking at the same scenario as Greece just faced. And the only thing that is going to change through all of this awareness today, is more debt being placed on each one these countries.

2008 european debt to GDP was at 65 percent, today it is now at 92.9 percent. Giving European debt a new high of 9.4 trillion Euros.

Could all of this come down to a war on currency? Considering the new guy on the block they call The Bric ... one could very well be seeing signs of its strength and position before this year is out.

Interestingly, China has now sold a record 107 billion in US Treasuries in 2015. They are not selling them outright, they are using Belgium markets to sell them quietly. Corporate media seems unaware as I am not seeing these headlines in major newspapers.
Why would China be doing this, do they know something that we are not privy to?  It s obvious clear corporate media has not seen this as major news, all while we move forward to summer holidays in Parliament here in Canada and Congress in the USA.

                        https://www.youtube.com/watch?v=nRWweMDjnKo
                                   Greek Anarchists Beat Up by Riot Police

No comments:

Post a Comment