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Dictators and Billionaires Demand Creation of UN Tax Agency
Dictators and Billionaires Demand Creation of UN Tax Agency As globalist forces and the international institutions they control openly prepare to plunder humanity’s wealth, Third World dictators and tax-funded “civil society” groups havestepped up their demands for a United Nations tax authority — supposedly to ensure that they all get their “fair share” of the loot from […]
The Politics of Coercion in Greece
The Politics of Coercion in Greece This is a transcript of Zoe Konstantopoulou’s important July 22nd speech in the Hellenic Parliament. I confess that the consciously, politically and personally painful moments which we are being called on to experience in parliament during this parliamentary term are multiplying. From my capacity as Speaker of the House, I have just sent […]
Eurozone Debt Just Keeps Rising—–What Austerity?
Eurozone Debt Just Keeps Rising—–What Austerity? The eurozone is supposedly in a state of recovery. However, in spite of that recovery, public debt and debt-to GGP levels are still rising. Austerity is difficult to find in any realistic sense. Please consider Eurozone Borrowing Rises to Record as Recovery Remains Weak. The European Central Bank’s programme of […]
The Number One Lesson From Athens
The Number One Lesson From Athens There’s arguably nothing that’s been more hurtful -in more ways than one- to Greece and its Syriza government over the past six months, than the lack of support from the rest of Europe. And it’s not just the complete lack of support from other governments -that might have been […]
The Dangers of European Dis-Union
The Dangers of European Dis-Union The “European Project” is under unprecedented stress from fissures both east-and-west (over the Ukraine crisis) and north-and-south (over the Greek and refugee crises) – and it’s unclear whether the Continent’s bureaucrats can keep the European Union from splintering apart, as Nat Parry explains. The near collapse of the Greek economy and the […]
Citi Predicts Greek Hyperinflation Breaks Out In Two Years
Citi Predicts Greek Hyperinflation Breaks Out In Two Years Earlier, we showed that according to Citigroup (among many) for Greece to have any hope of surviving, it needs a masive debt haircut: the bigger, the better, with Citi tossing out numbers as high as €130 billion. Still, even if Greece does get debt relief, as long as […]
“Something Revolutionary Is In The Air”: Grexit By “Insurrection” Is The “Most Probable” Outcome
“Something Revolutionary Is In The Air”: Grexit By “Insurrection” Is The “Most Probable” Outcome A week ago, we said the following about the situation faced by Greek PM Alexis Tsipras when he and his new finance minister arrived in Brussels for the final round of bailout negotiations earlier this month: …the entire world looked on in horror […]
Is Democracy Hitting theFossil Fuels too Hard?
Is Democracy Hitting the Fossil Fuels too Hard? Stick that in your democracy and smoke it? Over the past few weeks the notion of democracy has been getting its fair share of attention in the media, and quite rightfully so; Greece had a referendum on whether or not it was going to accept new terms […]
The Death of Democracy in a Byzantine Labyrinth
The Death of Democracy in a Byzantine Labyrinth The project of European Union, and its single currency experiment, were politically an attempt to unite fractious nations in order to put an end to a history of horribly destructive conflict. Economically, the goals were to scale up governance in Europe, to transition from the national to […]
Greece crisis: Banks reopen as government eyes return to normalcy
Greece crisis: Banks reopen as government eyes return to normalcy Stock market remains closed Greek banks opened their doors Monday for the first time in over three weeks, a move that the government hopes will help the economy get back to normal following a period dominated by fears over the country’s future in the euro. […]
Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters
Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters Update: Please see correction at the end. Two well-known financial forecasters claim that virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015. Martin Armstrong Martin Armstrong is a controversial […]
Portugal’s Debts Are (Also) Unsustainable
Portugal’s Debts Are (Also) Unsustainable Everyone seems to be focusing on Greece these days – a country so indebted that it needs even more loans to repay just a fraction of its gigantic credits. Clearly this is unsustainable and something has to give. Even the IMF agrees. But what about the other Southern European countries? Actually, […]
Was Greece Set Up To Fail?
Was Greece Set Up To Fail? I started writing this on my last night in Athens for now, Wednesday, and had no time to finish it then: On the eve of my temp absence from this great city, a few things. I could simply extend my stay, which might be slightly cheaper, but A) flights […]
