Tag Archives: european debt

GREEK DEFAULT EXCLUSIVE: SENIOR US BANKERS GIVEN EXPLICIT TIMETABLE FOR ATHENS DEFAULT

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from The Slog DOCUMENTS RAISE AWKWARD QUESTIONS FOR WASHINGTON, IMF & BERLIN *****See the update of this piece + new evidence in US & Berlin here. A written document giving firm dates and detailed actions for a planned Greek default … Continue reading

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9 Day Race to Ecstasy; Only Way Greece Can Win Is To Lose

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Tuesday, February 21, 2012 6:10 PM Hold your horses on that “finalized” deal. There are still numerous austerity measures to implement, details to wrap up, ribbons to cut, and bows to tie. Thus, the Greek Race to Unlock Bail-Out is on. The … Continue reading

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Are any “mass arrests” actually happening? Here are some tidbits to get things started

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There has been a lot of activity lately all over the world with presidents, CEO’s and other high-level officials of all types resigning, being forced out, arrested, etc. I wanted to put together a short list of examples but found … Continue reading

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When Debt Is More Important Than People, The System Is Evil

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Charles Hugh Smith from Of Two Minds Zero Hedge February 18, 2012 The Empire of Debt has only one end-point: a death spiral. It is evil and must be dismantled. Ethics has no place in the Empire of Debt. The financialized Status Quo … Continue reading

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Germany Draws Up Plans for Greece to Leave Euro; Athens Rehearses the Nightmare of Default; Merkel’s Denial Rings Hollow

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It was just a matter of time. –Dennis Saturday, February 18, 2012 8:32 PM It’s been crystal clear for weeks, if not much longer, that Germany has been actively seeking to persuade Greece to abandon the Euro. Confirmation came on … Continue reading

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What Happens If Greece Doesn’t Get a Bailout?

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By Michael Schuman February 16, 2012 After the Greek parliament on Sunday passed yet another package of austerity measures demanded by its euro-zone neighbors – this one worth $4.4 billion – the path seemed clear to finalizing a long-delayed, second … Continue reading

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Greece fails to reach agreement with creditors

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Greece failed to reach an agreement with its international creditors on Wednesday, further extending the critical bondholder talks. Greek finance minister Evangelos Venizelos (below) and PM Lucas Papademos will carry on discussions with lenders on Thursday. Photo: EPA/ORESTIS PANAGIOTOU By Louise … Continue reading

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Five European Nations to Be Downgraded by S&P

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It wasn’t too long ago (maybe last week or so) that S&P was saying they wouldn’t downgrade France. Now France and at least 4 or 5 other euro nations are getting downgraded. It’s been remarkably quiet on the Euro front … Continue reading

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Federal Reserve Secretly Bails Out European Banks . . . Again

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Senator Bernie Sanders has turned out to be one of my favorite people and one of the few elected officials in congress who seems to have retained not only his integrity, but his sense of outrage over some of the … Continue reading

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Europeans Leave En Masse Amidst Crisis

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PressTV, 12-21-2011 http://www.presstv.ir/detail/217012.html While official statistics shows that Portugal, Greece and Ireland had the largest stream of immigrants leaving their country’s this year, evidence points to the same happening in Spain and Italy. In 2010, 1.21 million Greeks have emigrated, … Continue reading

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