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Experts: Greece Out of Eurozone Would Only Strengthen EU

Katsoukakatis Deilós
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Experts: Greece Out of Eurozone Would Only Strengthen EU

Wolfgang Schäuble, the stalwart German finance minister is heroically standing up to Greek profligacy and slippery trickery by telling the Greeks they need to take a five year holiday outside the EZ.

The Finnish contingent are, quite rightly, standing their ground and do not think there is any merit to the Greeks staying in the eurozone.

The truth is, the Greeks overstepped the mark countless times and are completely untrustworthy.

The Greeks are now asking for 80 Billion euros on top of the 350 Billion euros they already owe, and with no guarantee they will reform their ways.

So who is right? Who is wrong? In this case, there is no doubt that thievery, lying, blackmail and underhand techniques by the Greeks have made their chances worse in negotiations.

The world has seen for itself what happens when greed took over Greece and they squandered all of the 350 Billion euros, with a population of only 11 million people.

The markets are confused, with a Grexit, they should be going up, not down, because the danger to the EU’s stability is eradicated when Greece is thrown out. Uncertainty, is obviously the factor for market jitters, but once concrete plans are unveiled they will resume their upward trajectory.

British anti-EU denizen, Ukip MEP, Nigel Farage supports the Greeks but he is only doing so because he is anti-EU. In truth, he knows that the Greeks have committed a grave financial sin, not only by reneging on debt liabilities but by squandering vast sums with cronyism, tax avoidance, nepotism and massive corruption. No country’s economy can exist in a healthy state with the levels of discrepancy and fiscal irresponsibility that Greece has shown.

The Greek contingent has been left with a choice, through their OXI votes, and slippery manoeuvres orchestrated by ousted former finance minister Varoufakis and naive PM Tsipras, whether to accept the new austerity deal where 50 Billion euros of Greek assets will be held by the EU as collateral also enduring heavily controlled austerity until 2057, or take the high road with effective expulsion from the EZ?

EU Proposal Greece

The numerous final, final, final meetings, the numerous final demands, and the numerous deathly scenarios eked out over the last five months of ridiculously time-consuming negotiation must come to an unholy end at some point.

Events move quickly in Euroland, one minute things are up, the next it’s all down.

CONCLUSION: Time for a Grexit, because without one, it would be time for a Eurexit. The EU and eurozone would be bolstered by Draghi’s QE and would limit contagion. The markets must see the strength with an EU stronger, leaner, losing the parasite sucking the very life blood out of its side.

If Greece stays in, the EU will die an unholy sorry death, eaten from the inside out.

These are the stark choices. Take it or leave it.

Tube Drivers Having a Beautiful Day During Strike

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Tube Drivers Having a Beautiful Day During Strike

“The weather’s been absolutely gorgeous. Had a barbecue with some friends for lunch, then we went down the pub, drinks all around. I checked my bank balance, and it made me feel great. I make more money than some doctors, yep, it’s hard not to feel good about my life,” Ernie Saunders, a tube driver from Ruislip told the Evening Standard.

Whilst London’s commuters were packed into sweltering buses by the hundred, tube drivers across the capital were relaxing with beers in their hands.

“I make £58,000 per year for sitting in a train cab and looking out the window. We work hard for that, so we deserve to strike while you people get heat stroke and choke from the fumes of some tramp’s arm pits squashed in a number 121 bus to nowhere. Go on get to work, I retire in four weeks on a full gold-plated pension and all the mod con benefits. Excuse me while I get another beer, ahh, this is the life. Pays to be with ASLEF,” another tube driver told the BBC during an interview.

Obama: “If Greeks Get Debt Relief So should Ireland, Italy, Portugal and Spain”

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Obama: “If Greeks Get Debt Relief So should Ireland, Italy, Portugal and Spain”

“Hi, my name’s Barack Hussein Obama. Since I was elected the United States has increased its debt level by over $8 Trillion. I want to give debt relief to all eurozone countries that have vast debts, starting with Greece. This way, all the other debt ridden nations, Italy, Spain, Ireland, Portugal and France will ask for debt relief. This is a sure fire winner because not only will Greece stay in the eurozone to continue causing destruction to the EU from the inside, but the other countries that are in trouble will think, hey, the profligate Greeks got away with it, now it’s our turn. So, to sum up, more destruction, keep the Greeks in the EZ, so that the Germans can continue to plow in massive amounts of cash into the black hole of Greece. Thank you, my job is done here, when I leave office I can’t wait to sit back and watch the whole thing go bang. It wasn’t my fault though..hahahah!”

Bye, bye EU.

 

Economists: Soon Enough All the Cans Collect in a Pile

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Economists: Soon Enough All the Cans Collect in a Pile

The 2008 economic disaster is not over yet, simply because failed banking institutions were propped up falsely through quantitative easing and other can kicking methods.

Nothing has barely changed since those days, and even if economists on government payrolls are bleating the party line that the global economy is okay, one only has to look below the surface of these empty gestures to see that we are still in the midst of a great depression, and it will get a lot worse in the coming months, years, and decades.

What the financiers should have done was to let the failed banks and businesses fail, and take the hit there and then. By prolonging the demise of unsustainable institutions, you only make the problem worse a few years down the line.

The U.S. and EU are all in a similar quandary and unfortunately for the U.K., even though Chancellor Osborne has done an outstanding job in getting Britain out of the worst of the economic crisis, due to the global nature of the financial system, there would be shocks felt there as well.

Obama calls Draghi up and says Greece needs debt relief, what does Obama know? The president of the United States can easily drop a few trillion dollars before lunch time and be back at the golf course by the afternoon. Here is a president, who has no concept of money, he is a socialist with no understanding of economics and living within one’s means. Under Obama, the U.S. has piled on more debt than all previous presidents put together.

Whilst the world’s media concentrates on the current Greek crisis, one which could have been avoided by the EU in 2012 by kicking Greece out of the EZ, no one is even acknowledging the elephant in the room — China.

One can imagine the face of Ali Baba tycoon, Jack Ma, when he woke up one morning to see that $3.2 Trillion had unceremoniously been wiped off the Chinese stock market, his stock price naturally took a very large hit. It won’t end there though, due to the incompetency of the communist economic machine, mistakes are made dealing with such dips. The Chinese government is a meddling communist state where they increase damage to their economy by intervention that is not needed. Their meddling smacks of naivety, and is sure to prolong the misery further, spreading confusion and contagion, not only within its borders but globally.

The false Bull market is over, simply because it was a can kicked down the road, when you stop kicking cans, the Ponzi scheme is revealed. The markets went up purely because of QE, and once that stopped, gravity finally finds its way from the artificial push upwards, what goes up inevitably goes down.

To prolong QE in America would invariably cause a collapse of the USD fiat currency, increasing inflation to Weimar republic levels.

China needs people to buy their cheap plastic trinkets to sell to the Western consumer, and it needs to be selling lots of their useless junk to survive, but what happens when the West stops buying? Demand for Chinese goods are down, their stock market plummets by 30% in a day, and all those leveraged positions get wiped out. The Chinese have built whole cities, that are now just empty monuments of concrete, they have over-stretched themselves considerably and although they have large cash surpluses bolstering the communist party elite, their people are suffering, as there is no end in sight to the next downturn which has been building like a tsunami over the last few years.

The signs were always there, because human nature never changes, the 2008 downturn was a seismic warning before the big one hits. Governments should have heeded the warning, but they did not, when things got slightly better, they forgot about 2008. Stockbrokers, bankers, real estate, businesses, they got drunk on easy QE money, which is a mirage, a false wall built from straw.

We now have two choices, get a bulldozer to move the big pile of kicked cans along the road again, or watch the cans fall into the sewer, with what is left of the economy. A word of warning, without more can kicking, there will be unrest, war and complete collapse, kicking the can down the road again will reap the same thing.

Take the Hit or Kick the Can Once Again?

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Fourth July: Al Jazeera Rubs Americans Up the Wrong Way

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Fourth July: Al Jazeera Rubs Americans Up the Wrong Way

Yankee fury has erupted in America after Arab affiliated news channel Al Jazeera released a self-promotional video extolling the profound failings of American society.

Apart from being the largest warmonger in the history of humanity, using up over 60% of the world’s resources to prop up their grandiose wasteful lifestyles and being the most hateful racist society in the world, Americans were branded as fat, fast food consuming, pill popping, gun toting psychopaths addicted to porn and extreme violence.

Not much difference to some Arabs you cry out, however the majority of the world’s population does not carry the American penchant for extremity, excess and greed in everything.

“Americans have to do everything bigger, better, and larger than anyone else. That includes having the largest prison population in the world. The largest number of gun crime deaths and when 85% of their population are on prescribed pain killers, who can blame them? To live in America is to feel pain on a daily basis. Their society is geared purely on the quick fix. This applies to war, debt, sex, drugs and entertainment. Everything about American society is geared towards destruction in some form. American society is a brutal world of intense competition where there is no room for the straggler, those who wish to cogitate and ruminate are trampled on immediately by the banal machinations of the insipid dumbed-down thoughtless and base American core values of gung-ho violent commercial superficiality. America with all its glory is now a crumbling wreck economically, their debt levels are so vast that they have even stopped counting it, possibly because it can never be paid back. The Americans have little or no gold reserves left, and the Germans have been asking for theirs back for ages with no luck, but going back to America’s debt, their federal unfunded liabilities exceed over $127 Trillion. With the vast racial and poverty divide, the current American socialists in charge are spending more than ever, and inviting more immigrants from South America to do the cheap dirty jobs that Americans view as not fit for their palate. American society is ultimately a demonic crazy-eyed church haven for pill popping loud-mouthed porn-addicted gun-toting psychotic preachers preaching their bastardised money-driven version of Christianity. Why are Americans so loud? It is nigh on impossible to go on youtube, or any other video site without hearing the garish, supposed authoritative tones of some uneducated American blurting out their ridiculous views or skewed instruction to the rest of the world. Yes, they’re an authority, they believe they’re an authority, and they’re telling you they’re an authority, but in truth we all know what they are, and the rest of the civilised world looks at these people with pity. Their whining excruciatingly annoying accents make many want to vomit into a bucket and stuff the puke down their warbling turkey gullets. Why don’t you just shut the fuck up you stupid American. You are not an authority, you and your insular ignorant banality make the rest of the world hate you with a vengeance. Just the sound of your voices over everything, polluting the airwaves, your loud caterwauling  twangs, the destruction you mete out onto the English language, is more than enough damage for any civilised human being to endure. Americans have brought a pestilence upon the earth and are equal to any crazed Islamofascist in their fervour to spread their Americanism. Like the Borg from Star Trek, Americans assimilate everything, then corrupt it, but if you speak to an American, they will tell you they are perfecting things, how very wrong they are,” an observer from planet earth revealed on Tuesday.

This is way too harsh

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BAIL-IN: Daily Squib Predicted EU Greek Bank Deposit Raid in 2014

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BAIL-IN: Daily Squib Predicted EU Greek Bank Deposit Raid in 2014

“If the Greeks do not want to play the easy way, maybe we need to up the game,” an EU official from European Central Bank revealed late Friday.

In one of our usual tongue-in-cheek articles published in 2014, we accurately predicted there would be a Cyprus style bail-in in Greece. This time, in 2015,  the Financial Times is reporting how the banks will take Greek deposits whether they like it or not. The only problem is, they should have done this months ago as the capital flight has been massive, the ‘poor poverty stricken’ Greeks transferred 180 billion euros out of the banks already since the election of anti-austerity party Syriza..

Monday morning will be the moment when Greeks wake up to the realisation that all deposits above €8,000 will take a 30% haircut when they vote for a No in the referendum.

Much like the Greek Cypriot bail-in that occurred in 2013, the Greek Cypriots tried to use some of the same tricks the mainland Greeks are utilising to stitch up the EU.

“If there is any money left in Greek banks it would be a miracle for the creditors, therefore conducting a bail-in on the Greeks may not garner much funds, but we will have to see,” a spokesman for one of Greece’s many creditors revealed on Saturday.

The Internet: Why It Is Better That People Stay Asleep

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The Internet: Why It Is Better That People Stay Asleep

The internet has had its renaissance, and what is wholly apparent despite this amazing tool of knowledge and awareness is that despite being given a voice, a political so-called awakening, the masses are still in total darkness.

Ninety-nine percent of the internet is filled with useless bilge, amongst the spam, listicles, Minecraft videos and counter productive meaningless social media posts, there is not much to be garnered or utilised for gainful knowledge unless sought out and cross-referenced with actual data away from the internet.

The digital era has also ushered in the death knell for music and film, where all commercial activity by film and music companies are immediately digitally copied and distributed freely. Streaming services for the music industry are redundant as anyone with some basic knowledge can record the streamed song as an mp3 and not pay for the service. Want to watch any film just out in the cinema? Just stream it from some server outside of the jurisdiction of the controlling authorities, that is if you can find a film worth watching as the industry is churning out remakes, reruns and superhero films by the dozen. Want to watch a CGI animated film with dumbed down American voices talking jive, go ahead if you want to damage your brain further.

Where the internet has fallen mostly is through quality control. There is no quality, but there is a lot of quantity; a putrid mass of detritus polluting the internet waves for eternity.

What about internet news? This is now so heavily controlled that there is not much room for alternative viewpoints. The Soviet political correct technique is now in full swing led by the American socialist internet controllers, they call themselves progressives but do not promote progress, just complete control where their outrage over anything that does not tow the party line is immediately labelled as ‘hate speech’ and erased.

There is no humour now, no one is allowed to write jokes because it might offend someone, and the soviet controlled internet is now a totalitarian shit dump full of meaningless garbage that does not do anything apart from cloud the mind. Maybe that is the purpose of the internet, to constantly pull a person in multiple directions until they can only stay in one place not able to go anywhere.

No doubt the internet has been a wonderful tool for intelligence agencies to gather data, especially through the people who were fooled into opening social media accounts, but sifting through the trillions of bytes of data are proving problematic for these agencies. Sure, they have files on all social media users and know exactly what their lives are about and what type of people they are, but there is a lot of useless information out there and finding the important data when needed must be the primary objective.

The internet also has been a great tool for causing rifts in people, causing unrest, purely as a tool for agitation by governments wishing to sow the seeds of regime change in other countries. By highlighting inequality in one country to the next, they can sow the seeds of revolution. Look how our kids are living, and look at what we have, you do not have the things we have, we live a better life than you. America is, of course, the land of plenty, and when people in less advanced nations see how the Americans live it causes anger, hatred and a sudden jolt of realisation. For developing countries, this can be the precursor to regime change, but it is a false lie engineered to create discord amongst the haves and have-nots and increase the speed of globalistic conquest. The fact that America uses up 60% of the earth’s resources to live their privileged lives of seemingly endless entertainment is neither here nor there, but it sure pisses off a lot of people who are being trampled on by the U.S.

What does the future hold for the internet? The future will be the internet streamed directly into your brain. The ultimate control system where you will be part of the hive. In fact, you already are part of the hive mind and you may not realise fully how you are being controlled, how your choices are dictated to you, and the experiments conducted on you affect your daily life through control tools like social media. You are being trained to think like machines, and your attention span is testament to this training. First they will introduce glasses, then you will not be constrained by glasses or virtual reality goggles, as the interface will link directly to your synapses and neurons. You will see, feel and hear the internet in your own skull, you will experience the internet as a reality but will not be able to escape the internet, unless you cut off your own head.

Your programming is nearly complete, and you cannot live without the internet, it controls you and every facet of your life, you have to be plugged into the hive mind, you have to know what is happening next, you have to share your every waking moment with others, who share and share the same inane shit as the others. You willingly submit to the internet, and there is nothing you can do to break away. The internet is you.

Do Not Listen to Russell Brand – Honour the Innocent Dead

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Do Not Listen to Russell Brand – Honour the Innocent Dead

After Russell Brand raked up the fury this morning by making some more self aggrandizing headlines saying there should not be silence at noon to honour the dead of the most recent terrorist attack in Tunisia. He, in is infinite ‘wisdom’ blames the British government for the tourists’ deaths, and in doing so, gets a little bit of publicity for himself.

The fact is Brandy Wandy, the minute of silence was specifically for the people who were shot in cold blood, and the same would be done for anyone else. It does not matter one iota that British foreign policy creates anger amongst some people around the world, there is no government in history that doesn’t, and those British tourists were innocent civilians enjoying their holidays, they had nothing to do with British foreign policy, or any political, military faction. There is no justification for the cold-blooded murder of people on holiday.

A member of the public summed the whole sorry affair: “The most important thing for Brand is he is now in the headlines, that’s all he cares about, and it does not matter how he agitates his way into the newspapers. You, Sir, are a total arse and one would hope you receive a letter from every grieving relative or family member that was shot in cold blood on that beach, telling you how they feel about your words. Brand deserves nothing but contempt.”

Lehman Brothers Ghost Appears Over Acropolis

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Lehman Brothers Ghost Appears Over Acropolis

“We couldn’t get any money from the ATM, and a fight broke out between pensioners, so we thought we’d stroll by the Acropolis to wile away the time. What we saw was a ghost of the Lehman Brothers logo hanging over the facade, it was sunset, and many could clearly see a sign hanging in mid air. It said Lehman Brothers on it. Wow! I wonder what it all means?” Angela Kudunski, visiting with her family from Philadelphia, USA, told reporters.

The event was witnessed by thirty people, some even trying to go up to the ghostly image, but it later on disappeared completely.

If anyone knows what the significance or meaning of the Lehman Brothers apparition is, please leave a comment below?

Tsipras: “I’m Thinking of Changing Greek Flag Colour”

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Tsipras: “I’m Thinking of Changing Greek Flag Colour”

The Greek PM may be making u-turns, circles and what not, but one thing is for sure, he has as much bargaining power as a soiled yellow rag dumped in a urinal.

“I’m sending letter to Schauble saying we accept austerity to pay back the 350 Billion euros we squandered, he read and say the letter is bull. I say it real letter, innit. He say no, wait until referendum you called. I say, referendum? Oh that! Oh that nothing, I dust under carpet, it small mistake, please Mr Schauble, please Mr Dijsselbloem, can I come to Brussels to shine your shoes? I do a good spit shine, aww, please do not be offended by my yellow little self, I crawl on my hands and knees, would that please you? Bwaaak, bwak, bwak, bwak!”

So, it’s austerity until 2057 then.

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