Greece Economic Meltdown

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SouthAmerica

October 2, 2011

SouthAmerica: The fools in Wall Street think that the Greek problem it is getting under control.

Anyway, Wall Street usually moves based on wishful thinking and nothing else....

The good news is that: we are in "October" the traditional month for Wall Street market crashes.

Go ahead Wall Street - now you can go through the usual October market crash.

Have fun and enjoy it!!!!!!!


WE WON'T PAY : Greece Burning IMF Bill – September 30, 2011

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Greece vs. IMF Fire Fight : Sparks of the Tempest Rage Riot –
October 1, 2011

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OccupyWallStreet : REVOLUTION At ANY COST – October 1, 2011

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Like a lot of people on ET, my mouth is watering. I really hope those Greeks screw everything up.

I WANT MY CRASH!! NOW!!!

And I mean a total bloodbath. A train wreck. Nothing less :)
 
Quote from Ash1972:

Like a lot of people on ET, my mouth is watering. I really hope those Greeks screw everything up.

I WANT MY CRASH!! NOW!!!

And I mean a total bloodbath. A train wreck. Nothing less :)
More...

why? how much will u benefit from it. have u insulated yourself from collateral damage?

"I WANT MY CRASH!! NOW!!!"

why are you screaming?
 
Quote from mister_doodi:

I want my crash too. There is just way too much easy money to be made from it.
More...

If there is an impending shift it will be mitigated. As far as profiting I would be keep a close eye on EURSD and USDCAD. The power that be will stay there and is just how it is. Davos meeting was probably in complete denial about the situation and they can start up a new system at will. What do they care about there Union. When it gets down to it they are only in it for themselves. They don't care about the populous just cull them.

Akuma
 
October 3, 2011

SouthAmerica: I have no idea what the Greeks are waiting for to default on their debt, and finally move forward into the future.


Greece is Eurozone's Sacrificial Lamb – October 3, 2011

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October 7, 2011

SouthAmerica: Greece has been bankrupt for at least the last 2 years.

It's time for the Greek government to finally announce the default.


Mass Greek fury as EU cooks up more bad debt bailouts – October 6, 2011

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January 28, 2012

SouthAmerica: We have been discussing the coming Greece's debt default for more than 2 years, and I have no idea why the Greeks have not defaulted as yet on their Greek government debt?

The Greek economy has been devastated, and it's imploding by the minute into a black hole, and Greece's government still does not have the balls to give the final check mate against the bankers.

Today when I saw the big headline on the front page of the Financial Times “Call for EU to control Greek budget” after reading the article I realized that the banksters want to enslave the Greek people and destroy their country.

Under the latest German plan: Germany is proposing that Greece temporarily cede sovereignty over tax and spending decisions to a powerful Eurozone budget commissioner before it can secure any further bailouts.

The article also said: “Athens would also have to adopt a law permanently committing state revenues to debt service “first and foremost.”

The banksters have reached their maximum level of arrogance and and complete lack of any common sense.

The time for the Greek government to default on its debt is ASAP (yesterday) and since the default is becoming a reality then Greece should default on 100 percent of the Greek government debt – the consequences for the Greek people of a 50 percent or 100 percent debt default it would be the same.

It makes more sense for the Greek government to default on 100 percent of its debt, and try to restart their economic and financial system the best way they can from that point.

And Greece should continue to be a member of the euro system after the 100 percent debt default, since that would be a better strategy than going back to the old Greek currency.

If I was in charge of the Greek government I would go one step further and I would get in contact with the government of Iran and say to them that Greece would not honor the sanctions that old Europe has adopted against Iran. And Greece it would be open for doing business with Iran regarding just about anything.

The complete crash of the Greek economy is already a reality, and this new strategy it would be the first step in trying to move the Greek economy forward to the world of the 21st century.

The time to play games is over, and it is time for the Greek government to give a final check mate against the banksters, and move the Greek economy into the future.

If the Greek government don't take immediate actions as I described above, then the Greek people deserve to become just a slave of the banksters and of the eurozone masters who don't give a shit about anything that is going on in Greece.

The sanctions against Iranian oil shows that the eurozone masters are a bunch of fools and nothing else, and they are disregarding the obvious massive negative consequences to the crumbling economies of various countries in the eurozone.


*****


The US dollar and the biggest default in history
http://www.elitetrader.com/vb/showthread.php?s=&postid=2729725&highlight=Greece+default#post2729725

...February 12, 2010

SouthAmerica: As the US dollar moves right on schedule to achieve the biggest default in world history…In the meantime the world financial markets waste time with irrelevant and immaterial events.

Maybe Greece is just the canary in the coalmine, and the United States economy and the US dollar are the main event.


*****


Greece Economic Meltdown
http://www.elitetrader.com/vb/showt...rpage=6&highlight=greece default&pagenumber=2

...October 3, 2011

SouthAmerica: I have no idea what the Greeks are waiting for to default on their debt, and finally move forward into the future.

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does look like losing one's country without a fight through a debt scam, in that book "economic hitman" describes a similar process, somewhat similar to how a loan shark operates, when you can't pay your debts they take over your business, house, car, wife, kids
 
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