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 doesn’t 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 ...
“Any other ideas?”
I’ve got a few bottles of Everclear put away. Even if no one wants to drink it, the stuff can serve as a cooking fuel or antiseptic and someone will want to barter for it.
Your ideas are all good ones. I would add that if at all possible one should get out of debt and not take on any new debt. If that means selling the fancy house and shiny car at a loss, and living in a shack and driving a junker so be it. At least you’ll have a house and car when all debts are suddenly called in.
Keep a week or two’s worth of cash around. Before cash becomes completely worthless it will be in short supply and will be very useful.
If at all possible get off prescription drugs, especially anti-depressants.
I look at it this way - in a total financial collapse high personal debt, dependence on pharmaceuticals and lack of basic resources will quickly eliminate 1/3 of the population. It’s best not to be in that group.
Also if it turns out that I’m just a tin-foil-hat-wearing Chicken Little, every one of these ideas would still be beneficial.
Germans deserve a good slap down for allowing Greece to join the euro in the first place.
If you recall, all the pertinent financial data was fudged back then.
Seems there’s a reason for the Biblical practice of “the year of jubilee” - where all debts were repudiated etc. It happens about every 50 years anyway, so might as well institutionalize it so people can plan accordingly instead of playing “musical chairs” and not knowing who will lose when the music finally stops.
Argentina’s Economic Collapse Part 1 of 12
https://www.youtube.com/watch?v=xMLVMEQmhTQ
Surviving Argentina Collapse With Fernando Ferfal Aguirre
https://www.youtube.com/watch?v=SdP7iEaXeK0
FerFAL: Here’s What It Looks Like When Your Country’s Economy Collapses
https://www.youtube.com/watch?v=na1eDvtjPtc
The United States?
Maybe they’re waiting for a gyro to rescue them.
I’ve got lots of them. That’s what FR is for.
Maybe they just need another layer or two of government on top of their cities, administrative divisions, national and EU governments. More government is always the solution to these sorts of things.
So was Karl Marx.
There ya go!
Thanks for that.
It is in the future of America if we let the current regime have their way
add Global COOLING to the mix and life becomes cold, brutish and short
Spain is coming up.
We will feel that one.
And maybe they’ll olive to tell about it.
There’s no opa!
The more governments that default the better. Hopefully banks and nations will stop lending to them.
How sad in that video too bad the Argentinians were not armed.
$1.7 Billion is a pittance. Greece should apply for US statehood. Their debt would disappear under the waves of the ocean of red that is US debt.
Puerto Rico is almost as bad.
Greece has 3.0 times as many people as Puerto Rico
Greece’s debt is 3.7 times as big as Puerto Rico’s
Also know that the money may become absolutely worthless, kind of like CSA money after the first Civil War.
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