Ever since the leaders of the EU hammered out a deal last week to save the Greeks from default, the deal has been seen as a fragile balance at best. No one really liked the deal and a few even voiced their opinions that at best it was a stop gap measure.
Some economists have gone as far as to say that the deal wasn't a fix and would ultimately lead to a collapse of Greece. While others have maintained all along that it is best to allow Greece to collapse, in order to save the rest of southern Europe.
And then yesterday there was this:
Markets Fall On Word of Greek Referendum
Prime Minister George Papandreou announced plans for the referendum in response to riots that followed last week’s proposal, as well as dissent from within his own Socialist party.
He said: “The command of the Greek people will bind us. Do they want to adopt the new deal, or reject it? If the Greek people do not want it, it will not be adopted.”
So, in a nut shell, the deal is collapsing before is could ever become reality. Still born if you will, as the socialist of Greece absolutely refuse to turn loose of the public teat and save themselves. Not that the proposed bailout would have worked and many said that it wouldn't, but just the same, it appears that the Greeks don't really give a damn either way.
Staging a referendum, reportedly to be held in January, threatens to throw the eurozone further into crisis as the majority of Greeks object to the bail-out, according to a survey published last week.
Apparently the Greek people are content to rearrange the deck furniture on the Titanic and disregard their imminent demise, before they will submit to turning loose of their withering socialist teats that have sustained them since the end of WWII.
So be it....... it begins........
2 comments:
Just a serious question. What does the world banking/lending system have to gain from a global collapse? I'm just wondering as this appears to be a real possibility to me?
God Bless.
Hi chuck. I suppose? It all depends on who you ask or who you listen to. There are more than a few, who believe in the "Bilderburg conspiracy."
Where the chosen few (the Illuminati so to speak) are always controlling the ebb and flow of commodities and the price of precious metals, currencies, and food and energy. That they have done so for centuries and that regardless of the current price of a given quantitative, the super rich will always be super rich, because they control and define the term rich.
As an example, Bill Gates has been assessed at 60 or more billion in wealth at any given time. If the financial markets and the banks were to collapse tomorrow, and Gates' wealth was reduced to an actual tangible wealth of 100 million dollars, he would still be one of the controlling influences in the economic dynamics of this country. And he would still be super rich.
If you are asking my opinion? I sincerely believe that those like the Bilderburgs control global wealth and that they set the pricing and value of everything across the board and across the planet.
I also believe that it is those in that inner circle of the super rich, who are in the midst of collapsing both European and American capitalism. Why? So that the totality of wealth globally, can be held by fewer people and thus they can consolidate their political power and influence into a one world government. Must as is foretold in Revelation.
One thing you can count on, regardless of how many banks go under? There will always be banks and brokers of the wealth. At least until the second coming.
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