despair at the european summit- they rush from meeting to meeting and the amounts of money involved get bigger and bigger... http://www.telegraph.co.uk/news/wor...and-backbiting-in-the-corridors-of-power.html
big problems in Greece http://www.keeptalkinggreece.com/2011/11/01/greece-dramatic-political-developments-live-blogging/ military coup ahead? http://greece.greekreporter.com/201...-what-greece-really-needs-is-a-military-coup/
So at 7.8 Trillion Euros, European debt is still far less than US debt. Love the suggestion of a German "military coup" to solve Greece's debt problem. The economic "coup" of Greece is a fait accompli. This is exactly what is playing out on a world scale. Privatization of whole countries has now been achieved via such incredible debt which can never be repaid without the collapse of the legitimate governments of these countries, and the impoverishment of the people. Isn't that what war usually accomplishes? So banks OWN whole countries instead of other governments taking over after a war. These banks and investment entities can dictate economic, political and social policies to the people of these countries. This is what we are missing, because it is being played out behind closed doors. The economic resources of whole countries, the labor market, the credit of the governments, the business community and the people are all being held hostage by BANKS and HEDGE FUNDS. Yes that is what it really is, we are being held hostage. That's why there is no money for the people or small businesses, but tons of money for the big corporate bailouts and banks at ZERO interest!!! WE are being held hostage! And our government NEGOTIATES with these entities, giving into their every whim, when we should be shutting down these financial institutions from the Fed to the Banks to the IMF and World Bank. None of these entities exist to help the People, only as ways to make money from resources that belong to the PEOPLE, be they natural resources like water or oil or pension funds. They are siphoning off our livelihoods to gamble away TRILLIONS in just months. This must change. Whatever it takes. If not voluntarily, the people must take these matters into their own hands, and it's already begun...
Uh, hedge funds promote fear. It generates business. And they are the real enemy of the people. They bet AGAINST everyone succeeding, and lately against whole countries. So if they generate fear, they profit!
But dialectical materialism is the truth. The financial markets cannot be emptied in the heart of the average American broker, entrepreneur; whereas the Greek investor will have the empty heart overnight.:sifone:
http://www.usdebtclock.org/ every single US citizen has more than $47000 debt but the country still has the highest AAA rating lol...
Where have you been? The US was DOWNGRADED a month ago... The only reason we still have a good credit rating is our Social Security system which has trillions in cash, which is our "collateral" for our loans. Why do you think they want to do away with SS? So they can pay the Chinese.... (not likely), no the banksters and Wall Street want to PLAY with that money! They can't get enough!
Does Albania have a serious relation to the Athens stock exchange? Albania will be great to think about now.:afro:
Just got info that there is a little bank run in Greece today, more people than the months before in front of the banks there...
Switzerland: this weekend it was almost impossible to withdraw money from cash machines but not only in Switzerland: "cash machines failure" http://news.sky.com/home/business/article/16103585 "HSBC systems crash" http://www.dailymail.co.uk/news/art...-online-banking-ATMs-debit-cards-blocked.html "HSBC fiasco" http://www.dailymail.co.uk/news/art...-causes-frustration-15-million-customers.html
well see soon... but first that one: The European Central Bank, Mario Draghi, the German Gold and GOLDman Sucks: New ECB Chief GOLDman Sucks man Draghi http://www.allvoices.com/contributed-news/10792705/content/65155097-axel-weber and the German Gold http://www.zerohedge.com/news/g-20-...german-central-bank-tells-g-20-where-stick-it
China and the euro bailout http://www.examiner.com/international-trade-in-national/china-not-supportive-of-euro-bailout-plan
oO China tells europe to cut down on welfare states or they wont get the money. https://www.youtube.com/watch?v=Kg1MOAITI9s&feature=player_embedded"]Talk to Al Jazeera - Jin Liqun - YouTube
Argentinas economic collapse https://www.youtube.com/watch?v=rH6_i8zuffs"]Argentina's Economic Collapse - Part 1 of 12 - YouTube full version http://video.google.com/videoplay?docid=4353655982817317115 x http://en.wikipedia.org/wiki/Argentine_economic_crisis_%281999%E2%80%932002%29