While mainstream media are trying to dampen concerns about the possible grave effects of a Greek default to the Western economy, American patriots are being forewarned about a possible false flag event that is expected to occur on the 4th of July American Independence celebrations, and is also the eve of the Greek bailout referendum.
Here’s a good rundown which we can all relate to what’s happening over there in Greece. After all, both sides of the Atlantic and thereabouts are being choked and bled upon by the same group of financial Corporatocracy leeches.
Previously, it was the European Central Bank [ECB] that’s in the news for allegedly preparing for a possible Greece exit from the Eurozone. Now, it’s Germany Deutsche Bank’s turn to hit the news for having explored the inevitable UK exit from the EU.
The monster octopus has so many tentacles. But of all these sucking arms, nothing is more secretive than the Central Bank of all central banks, the BIS that is nestled in a country with a Red Cross flag to represent it.
by Helga Zepp-LaRouche
March 6—The desperation move by European Central Bank (ECB) President Mario Draghi, to flood the Eurozone with €1.14 billion in so-called “quantitative easing,” while excluding Greece and Cyprus from this dubious bonanza, will doubly accelerate the inevitable collapse of the trans-Atlantic financial system. The simultaneous escalation of provocations against Russia by NATO maneuvers in the Black Sea and the forward basing of NATO troops and heavy equipment in the Baltic States, up to Russia’s borders, are directly related to the impending bankruptcy of the financial system.
This is obviously part of the gradual global currency reset which is now beyond the control of the banksters.
Sick minds are only capable of formulating destructive ideas producing bad results.
The financial trickery of creating wealth out of thin air, and ultimately through the sweat of the Common Man by forcing countries to suffocating cycles of debt has come from the sick notion that the world is really meant to be ruled by the few highly organized bloodlines.
Submitted by Tyler Durden on 02/04/2015 16:25 -0500
Just what the market had hoped would not happen…
- *ECB SAYS IT LIFTS WAIVER ON GREEK GOVERNMENT DEBT AS COLLATERAL
- *ECB SAYS IT CAN’T ASSUME SUCCESSFUL CONCLUSION OF GREECE REVIEW
What this means simply is that since Greek banks are now unable to pledge Greek bonds as collateral and fund themselves, and liquidity is about to evaporate, the ECB has effectively just given a green light for Greek bank runs, as suddenly it has removed, both mathematically but worse politically, a key support pillar from underneath the already bailed out Greek banking system, (or merely a negotiating move to let Greece see just what kind of chaos this will create ahead of the big D-Day on Feb 25th when ELA could be withdrawn).
Only recently, Draghi announced its 1.5 Trillion Euro Fed like quantitative easing, bond buying spree, and yet it falls below the bankers’ expectations. In fact, Denmark is now hyper-enticing the bond market by offering a subsidy to those who would buy these toxic derivatives.
Continue reading Euro Free Falling; Draghi is Dragged with it
By Paul Mason
January 25, 2015 “ICH” – “The Guardian” – At Syriza’s HQ, the cigarette smoke in the cafe swirls into shapes. If those could reflect the images in the minds of the men hunched over their black coffees, they would probably be the faces of Che Guevara, or Aris Velouchiotis, the second world war Greek resistance fighter. These are veteran leftists who expected to end their days as professors of such esoteric subjects as development economics, human rights law and who killed who in the civil war. Instead, they are on the brink of power.
Continue reading Greece Shows What Can Happen When The Young Revolt Against Corrupt Elites
by Jeffrey Steinberg
Jan. 5—The maelstrom in the trans-Atlantic financial markets is gathering strength, sucking in more and more financial institutions, and threatening a systemic collapse, starting with the crash of the euro. The Greek elections, which are a harbinger of that nation leaving the euro, are still three weeks away, and the oil price appears to have no bottom. 2015 has begun with a bang.
However the Western media may sugar coat it as always, the European economy is still very much in the red. They just lack the liquidity to sustain the Ponzi Scheme they have been doing for centuries.
ECB cuts deposit rate below zero in historic move
The European Central Bank lowered its benchmark interest rate to -0.10% as the continent battles deflation after many failed monetary policy attempts.