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#1
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03-25-2015, 07:43 PM
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| So Fucking Banned Poster Rank:2426 Join Date: Sep 2009 Posts: 184 Mentioned: 0 Post(s) Quoted: 69 Post(s)
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Is Greece is the Lynchpin That Could Unleash Economic Collapse
Why Greece is the lynchpin that could unleash economic collapse, domestic martial law and global war (NaturalNews) I wish I could download to your brain everything you need to know about the European Crisis unfolding right now. The possibility of the breakup of the European Union could be the spark that sets off the global debt implosion that leads to violent conflict across the globe. The actions of Greece, it turns out, could set off a chain reaction that leads directly to a Wall Street panic and the "bail-in" seizure of your savings accounts at your favorite hometown bank. It could also radically destabilize Eastern Europe, heightening the risk for conflict between Russia and Western European nations (including NATO members like the United States). To understand why this is, we first need to grasp the basics of European history. The average American, unfortunately, knows virtually nothing about European history. But that might be asking too much, since the average American also knows nothing about American history, either. Fortunately, this article is written for exceptional Americans who are far better informed than the average Joe. Learn more: http://www.naturalnews.com/049094_Gr...#ixzz3VRZtP02n  · |
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#6
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03-27-2015, 06:10 AM
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 My Rank: MASTER SERGEANT Poster Rank:563 mc² Join Date: Aug 2009 Posts: 1,724 Mentioned: 1 Post(s) Quoted: 299 Post(s)
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Re: Is Greece is the Lynchpin That Could Unleash Economic Collapse
Nice try as an intro for non European readers, but lots of short cuts and many errors. Thinking error: cash from Eu returning to US might pump bonds and treasury paper. Dumb money might inflate stocks, but seeing the kind of crude situation referring to. Greece is not a "socialist" country: the government consists of a democratic coalition of social democrats, left and ext left, and right-wing nationalists. I know Americans use "socialist" for indicating Marxist, commun, all left-wing, all evil, just like calling every woman a b|%%% German banks have Gr gov bonds and loans or their books, so a grexit will at least decimate their value. that's a few hundred billion in the balance, so these German politicians are playing poker. same with France and less with some other eu countries. And when Gr would leave it would not be so very bad for Gr. Only for a very brief shock time. The solution or buffer can be a parallel local currency (New drachma) for some transition time. Greece current gov might also throw the towel, and than it s up to the extreme right party to create a gov and so we might get a 2015 Germany creating a 1933-like extreme right gov in a European country. |
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#7
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03-27-2015, 06:37 AM
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| My Rank: MASTER SERGEANT Poster Rank:563 mc² Join Date: Aug 2009 Posts: 1,724 Mentioned: 1 Post(s) Quoted: 299 Post(s)
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Re: Is Greece is the Lynchpin That Could Unleash Economic Collapse
Oh and the econ. miracle of Germany is partly due to the fact that up to this day a budget surplus of 7% and more is allowed by the EU, and at the same time the others cannot pass the 'imaginery' 3% deficit line. This asymmetry was imposed so Ger could pay of its war reparations and other loans for rebuilding - yes all the time German and EU politicians are forbidden the Greeks the same thing- but as rebuilding was done and most loans paid of this asymmetry is not erased and still here. |
