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Defiant Greeks reject EU demands as Syriza readies IOU currency
The Telegraph ^
| 7/5/15
| Ambrose Evans-Pritchard
Posted on 07/05/2015 9:10:39 PM PDT by catnipman
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Seize the banks, issue IOUs, draw on "secret" reserves, print counterfeit Euro notes ...
The more I think about this, the more I think Syriza (actual Communists for all practical purposes) is deliberately fostering complete financial chaos as an excuse to seize total power in Greece, all the while using the "evil" Europeans as their excuse for "giving them no other alternative" but to establish a Communist dictatorship.
1
posted on
07/05/2015 9:10:39 PM PDT
by
catnipman
To: berdie
2
posted on
07/05/2015 9:12:56 PM PDT
by
berdie
To: catnipman
Wish they all could be California,
Wish they all could be California,
Wish they all could be California, IOU’s.
Sorry, that just came out.
Folks in Greece are in real danger. Sounds scary.
Someone here was saying the Nazis seized their gold assets way back and they never recovered after that.
Any truth to that?
3
posted on
07/05/2015 9:14:18 PM PDT
by
SaveFerris
(Be a blessing to a stranger today for some have entertained angels unaware)
To: catnipman
They seem to be trying to cater to the Communists, let them I say. They seem to have forgotten all the ideals of democracy so little is lost.
4
posted on
07/05/2015 9:15:24 PM PDT
by
Deagle
(i)
To: catnipman
I always enjoy prose from Ambrose. He has such a way with words.
5
posted on
07/05/2015 9:25:15 PM PDT
by
MSF BU
(Support the troops: Join Them.)
To: catnipman
Sounds a thinly veiled threat that they plan to start counterfeiting euros... Wars have been started over less. That finance minister might be singing a different tune once Interpol starts issuing warrants.
6
posted on
07/05/2015 9:31:42 PM PDT
by
Sparticus
(Tar and feathers for the next dumb@ss Republican that uses the word bipartisanship.)
To: SaveFerris
It’s not gold that is the problem, it is worth ethic, rule of law and self discipline that is the Greek problem.
7
posted on
07/05/2015 9:33:41 PM PDT
by
MSF BU
(Support the troops: Join Them.)
To: catnipman
Plus throw in a little help from Russia and/or China, who would like to politically weaken the EU.
8
posted on
07/05/2015 9:37:02 PM PDT
by
MCF
(If my home can't be my Castle, then it will be my Alamo.)
To: catnipman
I don't see how the EU can institute the ultimate moral hazard and survive as a currency union.
Not only that, but in the Germanic countries it's politically untenable. Merkle would be quickly removed from office at any hint of an unsecured bailout and no reform in Greece.
And it's also certain that Greece will never reform and never be able to pay it's debts nor the diminished interest on them.
There's no other answer besides cut them lose and let the chips fall where they may.
9
posted on
07/05/2015 9:38:13 PM PDT
by
Mariner
(War Criminal #18 - Be The Leaderless Resistance)
To: catnipman
we will issue parallel liquidity and California-style IOU's Well, that's an interesting statement. Is California's financial foolishness so well known that the state is now a model for failed nations everywhere?
10
posted on
07/05/2015 9:38:22 PM PDT
by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: catnipman
11
posted on
07/05/2015 9:40:08 PM PDT
by
RightGeek
(FUBO and the donkey you rode in on)
To: catnipman
My main question is how does the US taxpayer ultimately foot the bill here?
I know it sounds crazy, but if the Greeks refuse to pay money they owe to the EU, somehow to NWO, that makes it the responsibility of America.
Just watch.
12
posted on
07/05/2015 9:46:07 PM PDT
by
DesertRhino
(I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
To: catnipman
The EU said ‘give back your entitlements’, to which the Greeks replied ‘Molon Labe!’ We know how that turned out last time...
13
posted on
07/05/2015 9:55:26 PM PDT
by
Spok
("What're you going to believe-me or your own eyes?" -Marx (Groucho))
To: catnipman
14
posted on
07/05/2015 9:58:47 PM PDT
by
Chode
(Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY)
To: MSF BU
“I always enjoy prose from Ambrose. He has such a way with words.”
Ambrose also digs up the juiciest tidbits. He must have a remarkable network of sources and informants.
15
posted on
07/05/2015 9:59:09 PM PDT
by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: Sparticus
Wars have been started over less. That finance minister might be singing a different tune once Interpol starts issuing I like to watch Joe Kenda, the homicide hunter. He said usually people commit murder over women, revenge, or money. I suppose major wars could happen over money like this. I think counterfeiting Euros would probably not be a good idea for them.
16
posted on
07/05/2015 9:59:19 PM PDT
by
Mark17
(Thy goodness faileth never. Good shepherd may I sing thy praise, within thy house forever. Amen)
To: catnipman
17
posted on
07/05/2015 10:06:02 PM PDT
by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
To: catnipman
"They want a new team installed, one that is willing to draw on the central bank's secret reserves, and to take the provocative step in extremis of creating euros."
Whoa. That doesn't look good. Are they taking advice from Kim Jong Un?
18
posted on
07/05/2015 10:12:22 PM PDT
by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
To: Mark17
I think counterfeiting Euros would probably not be a good idea for them. You're most likely correct. But I think they should go for it anyway. Everyone involved in this whole debacle has been acting foolishly. There is no good reason for the Greeks to break from that pattern now.
19
posted on
07/05/2015 10:16:56 PM PDT
by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: catnipman
Looks like they’re asking for sanctions and a blockade.
20
posted on
07/05/2015 10:19:02 PM PDT
by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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