Below is an interview with Economist from the U of Crete
Dimitris Kazakis
He's not one of those lying economists
who work for the Masters of Debt,
like Prof "I got a Nobel" Piss-aridis
who says "cut wages, help the economy"
Anyway, this is a two-hour video, and I've only watched
half of it, but it is scary when heard all at once.
Play by play:Dimitris Kazakis
He's not one of those lying economists
who work for the Masters of Debt,
like Prof "I got a Nobel" Piss-aridis
who says "cut wages, help the economy"
Anyway, this is a two-hour video, and I've only watched
half of it, but it is scary when heard all at once.
at 10:00 The government gave away the shop.
Greece was in trouble, and needed help, but the government put on a show:
the "CDS and Spreads show".
It was used to convince the public, but it was fake, except for the money.with this stitch-up,
government insiders probably made money on it.Greece, "their" country, lost 20 billion
in a matter of days.I can hardly believe it.
and, they don't know who's behind the CDS trick because the CDS market is secret, so you can’t put anybody in jail.
They operate like the Mafia speakeasy during prohibition, hiding in the basement.
at 26:00 scary stuff . The government was the first to give up its sovereignty, willingly.
The bailout deal is worse than any deal ever signed by Greece, even during occupation by the Nazis.
at 29:00 Turkey could theoretically buy parts of Greece or its army.
This is the first country to collateralise its debts. "Take the Acropolis, please"
The Bailout document says that even all their paychecks and savings can be taken
by the creditors, even money outside Greece, belonging to Greeks.
Here's the get out of slavery free ticket:
The loan bill has not gone through parliament. It’s anti-constitutional.It’s actually being attacked in courts around Europe.
Other tidbits:
Germany owes Greece 165 billion from WW2 , conservatively speaking.
The Greek PM went to Germany and told them that Greece will become
the Pleasure Dome of Europe.
Foreigners will use our country's land to make money and party and leave usstarving. Exactly what was going on in Cuba, before Castro.
The debts are just piled up old bills with penalties. The real amount of money is actually negligible, but the final tab will never shrink and will never be paid.
PERPETUAL DEBT.
all growth goes to banks. they won't let Greece file for bankruptcy.
Therefore, the effect of a crash would not be that bad, for Greece.all growth goes to banks. they won't let Greece file for bankruptcy.
The Greek economy, despite rumours can take care of itself.
The debt game has killed its future, and that debt game is a bankers' game.
A gentleman's agreement that can ruin a country.
Money is owed, but no bankster's gonna starve if he's not paid, unless they've leveraged against the money they haven't got yet. "don't count your chickens before they're hatched"
They have debts on the books that we had claimed bankrupty on. They're still paying!
1992 was the last time the Pres of National Bank of Greece mentioned the dangerous debt. He was told to shut up. Now, the debt situation has allowed the big Euro banks to lend to countries and make big fees.
So the Europeans knew what was going on in Greece, and still let Greece into the Euro.
It's a bankers club, the Euro. The plan was to take over the periphery.
The Euro (and free movement of money) was designed to put 4 times the money into the hands of private banks and suck every European economy dry and then lend it money. And the banks are still broke because they've leveraged their holdings 30 times over to buy fake derivatives. That's already happened.
