Looks like The US also has Money into this.
Posted on 07/05/2015 9:16:11 AM PDT by Perdogg
At 7pm local time the Referendum polls closed. Here is what the early exit polls predict:
A poll by GPO on Mega TV gave 51.5% in favor of “no” and 48.5% in for “yes” Metron Analysis on Antenna TV showed “no” leading with 49% vs 46% for “yes” MRB on Star TV showed “no” leading with 49%-54% vs 46%-51% for “yes” Marc opinion poll for Alpha TV shows “no” ahead with 49.5%-54.5% vs 45.5%-50.5%
(Excerpt) Read more at zerohedge.com ...
Greece, the Puerto Rico of Europe.
I doubt austerity will care!
Anyone know what a “yes” vote means, as opposed to a “no” vote?
Greece, the new Russian colony.
A “Yes” vote means they will accept the conditions that the European banks put on any further loans or repayment plans, including enforceable austerity.
A “No” vote means that they want to keep their bloated government, unsustainable pension plans, and tell the banks that they will never see a penny of their money back if they loan the Greeks more.
No means they don’t want to pay their debts. Yes means they compromise with their debt holders.
EU leaders basically said “no” will mean Greece gets kicked out.
They almost have to now. What do you do with a country that refuses to pay it’s debts but still expects a free ride via the EU?
Plus, there’s other indebted countries on the sidelines watching, just waiting to get a free ride like Greece on skipping obligations.
EU almost has to make Greece an example.
The Greeks have a long way to go before things ever will improve for the. Most of their problems are of their own making. However....
Nothing good will come of Greece continuing to borrow money from Brussels/IMF to repay the money they borrowed before - to repay the money they borrowed before...and so forth.
“Should the agreement plan submitted by the European Commission, the European Central Bank and the International Monetary Fund to the Eurogroup of 25 June, 2015, and comprised of two parts which make up their joint proposal, be accepted? The first document is titled “reforms for the completion of the current programme and beyond” and the second “Preliminary debt sustainability analysis”.
So is the EU going to try to get any money back? Pull assets from the country?
The borrower is slave to the lender. Count the USA in that lot too. We just have way more economic upside vs Greece but huge debtors we are thanks to our rotgut pols past and present selling us downriver.
I see this as win win/win. The EU is weakened, Greece will be forced to stand on it’s own and the enablers of all of it get screwed.
If a guy took a vote to fleece me or leave me be and it was this close, victory or not, I’d abandon the place.
If the vote is indeed “No” which I suspect it is......Greece is a failed nation, or, it will go under the Russian Federation control!!! Under Obama/Clinton, the USA is not far behind (about twenty years out). The new world power players will be: The People’s Republic of China, India & The Russian Federation. These three nations will take over the entire Middle East, South America and, Sub-Sahara, Africa. Israel will stand as a nation because the Russians, Chinese and Indians will find them a useful, productive tool for enhancing their further control of the world. The USA will literally be a slave nation to the “new’ world powers!!! The demise and defeat of the USA came from inside the USA itself....fostered by Obama & company!!! Just look at past history of once great nations...it tells the whole story!!!
Money we borrowed from the Chinese?
They are either going to crash with the EU or they’re going down as a sovereign nation.
Good luck either way, but I think sovereignty is valuable.
Communism is, "too big to fail"!
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