Tag Archives: Greece

Greece Is Leaving the Eurozone – Follow the Bank Run

Greece is leaving the Eurozone. Follow the logic: Greece leaves the Eurozone, defaults on all debt and issues a new Drachma after The newly elected Syriza government tells Germany they will not accept any conditions on their sovereignty after The … Continue reading

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Will Suicide Become Our Country’s Legacy?

Another pensioner has committed suicide in Greece due to overwhelming personal debt. Despair over his unborn grandchildren’s future and the fate of his country were listed in his farewell note. The people of Greece made a fatal mistake: they transferred … Continue reading

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What’s Really Happening in Europe?

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Of Deutsche Marks, Lira, Peseta and Coming Troubles

(New American)  The Munich-based Foundation for Family Business has filed a criminal lawsuit against the Bundesbank, the central bank of Germany, alleging that the board of the bank has hidden the true scale of the risk borne by ordinary German … Continue reading

Posted in Civil Unrest, Editorial, Elections, Financial, Immigration, Safety and Preparedness, Uncategorized, Voter issues, War | Tagged , , , , , , , , , , , , | 1 Comment

Fitch Slashes Greek Credit Rating

Fitch on Thursday sliced Greece’s long-term credit rating to CCC from B-, citing a “heightened risk” Greece won’t sustain its membership in the eurozone. The country this week failed to forge a new government after elections there fractured its parliament. … Continue reading

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ECB stops operations with some Greek banks

(Reuters) – The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalized, the ECB said on Wednesday, confirming news earlier reported exclusively by Reuters. The news sent the euro lower against … Continue reading

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The Countdown To The Break Up Of The Euro Has Officially Begun

Most analysts are forecasting that the United States will have three days after the inevitable European economic collapse before our own economy collapses. True or not, the correlations between the looters nullifying the votes of the producers in Greece and … Continue reading

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And the Final Nail Is Struck in Greece’s Coffin

Greece has one major economic engine: tourism. Imagine a vacation in beautiful surroundings, rich in history among a native population who is on permanent vacation. The recent economic collapse, default and riots have now painted a much different view of … Continue reading

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Stock futures hit after European elections

(Reuters) – Stock index futures fell after Greek voters trounced ruling parties in elections on Sunday, a result that put the country’s future in the euro zone at risk, and as Socialist candidate Francois Hollande won the French presidency. S&P 500 futures … Continue reading

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Greece Rejects Austerity in Favor of Neo-Nazis

As the world watched Germany adopt Nazism based on extreme economic hardships prior to World War II, the world’s apathy and appeasement led to one of mankind’s darkest periods in history. What have we learned? Greece is following in their … Continue reading

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Declaration of Secession

Before we’re done we will, by necessity, have to secede from the present abusive union known as “The United States of America”.  It is the only way we can release ourselves from the bonds of economic and political slavery presently imposed … Continue reading

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Greece Opens Illegal Alien Detention Camp

Greece opens detention camp for immigrants as election looms ATHENS (Reuters) – Greece opened its first purpose-built detention centre for illegal migrants on Sunday in Athens, a week before a national election where illegal immigration has emerged as a key issue. About 130,000 … Continue reading

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Update: Bank Of Greece: 2012 GDP Drop Worse Than Expected

From Deutsche-Boerse: ATHENS (MNI) – Greece is facing yet another year of sharp recession with GDP expected to contract by as much as 5% in 2012, higher than previously forecast, the Bank of Greece said in a report released today. … Continue reading

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Desperation

I cannot imagine the level of desperation that this man felt. I can imagine the anger he felt directed at his government and its usurpation. David DeGerolamo Man Commits Suicide In Broad Daylight On Athens’ Syntagma Square To Protest “Occupation … Continue reading

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When Will Greece Leave the Eurozone?

Will Greece become the first country to abandon the Eurozone and return to the drachma? My money is on Spain or Italy. Greece’s debt is too small to be of concern compared to the giant collapses about to happen in … Continue reading

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