Posted on 06/29/2015 10:37:02 AM PDT by catnipman
...
Greek Prime Minister Alexis Tsipras spoke by phone with Mr. Juncker and European Parliament President Martin Schulz and asked for help getting an extension to the bailout, a Greek government official said.
The Greek prime minister [Tsipras]expressed the position that the democratic expression of the Greek people is hindered by the closure of banks, which doesnt apply with the democratic tradition of Europe, the official said.
...
Mr. Tsipras and his government are calling on Greeks to vote no to send a signal to Europe and the IMF
(Excerpt) Read more at wsj.com ...
Guess which country contributes the most to the IMF and never sees a bit of benefit.
Sure would love to hear them. I don't have a clue what will happen when the puppetmasters finally lose control of the very rigged global economy. Some ideas I've had:
1. Have some things of indisputable endurable value that can be used for barter. Even if the banking system were to collapse, people would still accept cash for purchases, at least for awhile.
2. Anything you've saved up for, don't put it off....get it done. Not only is there the risk of prices going up and money in the bank isn't earning any interest. There's the danger that there will be shortages of quality items and in crisis vendors will be more likely to take advantage. Besides that, banks might find ways to decrease the savings in your accounts or make it unavailable.
3. We've been blessed with lousy summer weather so far. In case things get out of control in crisis, have everything you need to maybe have to stay in your house for an extended period of time. I'm thinking prepare for at least one month.
4. Stay healthy and have a full stock of prescriptions filled, and other medications. There's no guarantee that medical care wouldn't be overwhelmed in an emergency.
5. Don't assume that money will be available at the ATM or computers will work. Pay ahead on utility bills....the money isn't earning anything in the bank and it's safe with that utility. I don't want to have to worry about falling behind on those bills if information and payment processes are disrupted.
6. Have enough CLEAN clothes, towels, sheets, etc in case utilities are disrupted.
Any other ideas?
Im looking at the end of the shemita year, so around September.
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That’s right.
I was giving it a little leeway.
We are going to default on 25 or 30 trillion “dollars” it will be ugly.
Broke, cold and hungry will eventually change things for the better...if they live through it.
It is in the future of America if we let the current regime have their way
Socrates himself was permanently broke.
A debtors cartel of deadbeat countries will band together and threaten to default in unison. Then they will have the upper hand.
Kartographer has a prepper’s ping list that everyone should be on.
They go into great detail on how to prep when this kind of thing happens — up to and when TSHTF. There is a LOT of solid good advice from people who have been there (today there was a link to an article from a guy with a ground eye view of what happened when the Balkans spun apart).
I strongly recommend it — Greece may happen here sooner than we think. Cypress even a higher probability.
The FR Pun Police have rendered a verdict. Turn in yer mouse.
Folks are talking about the survival strategies — well at least with this strong El Nino next winter should be fairly mild in most places. That may help a bit. Probably nothing too severe will happen. The stronger countries can’t go totally broke because that will just lead to a reshaped economic paradigm almost immediately. Somebody will want to be making money out of the new circumstances. I’m not saying the precautionary strategies are foolish because I would advise the same things, but just as a prediction in a vacuum I will say there will never be more than moderate dislocation and probably only minor problems down the road. It’s more good fortune than good planning, but our creditors can probably take quite a hit and anyway what are they gonna do about it, invade? Good luck with that (and President Chumpovitch won’t be around much longer to enable anything).
Probably too optimistic but if I’m right I will post a vanity thread about it in 2021.
(Good one!)
;^)
Greece has run out of other peoples money.
Ouch. Ba da bumb
The Greeks are lucky this isnt the 1600s where fleets from the European powers would have by now transported armies to them and took their payment out of their rears in the form of treasure, and territory.
100% Literally.
lolololol
thank you folks for making me laugh today
LOL!
Cheesy response.
LOL
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