Showing posts with label Greek debt. Show all posts
Showing posts with label Greek debt. Show all posts

Sunday 8 May 2016

We Live In A Financial Asylum.


        And so the sorry, sad, Greek tragedy continues. Come July the Greek government has to pay €3.5 billion in debt repayment, but it needs a bailout of more debt to make that payment. Yes, that’s the crazy system we live under, I owe you ten quid, I can’t pay you until you give me ten quid, with which to pay you. Although the people of Greece have been driven to dire poverty and deprivation, the financial Mafia want another round of budget cuts to the tune of €3 billion. What more can they cut, unemployment in Greece is running at approximately 25%, with youth unemployment running at around 51%, an education system in a state of collapse, and a health system in total chaos. Of course there is still lots of Greek assets that could be sold of to the corporate greed machine at give away prices, to help recapitalise the banksters of the Western world. 
         Well, will Greece get more debt with which to make a payment to its debt? The negotiations are not going too well, they are deep into the waffle stage, the Troika is now squabbling among themselves, with the IMF (International Mankind Fuckers) stating that the Greek debt must be “restructured”, they are getting a bit cautious about throwing their money into the Greek debt hole, on the other hand the EC (European Commission) and the ECB (European Central Bank) will not hear of that, as it would mean that as they hold the vast majority of that Greek debt they would lose lots of filthy lucre. If the restructuring doesn’t take place, the IMF has threatened to walk away, which means the bailout disappears. 
      How long will this crazy insane game of monopoly continue, how long must the people of Greece be held hostage in the crazy financial house of cards that is the capitalist financial system? Sadly, as long as we all accept the capitalist system, The system is controlled by a faceless, unelected, uncontrollable, financial Mafia, and it is not interest in the answers to the problems the people face, it is only interested in protecting and growing its wealth. So stick with capitalism, live in the asylum.
Visit ann arky's home at www.radicalglasgow.me.uk
 
 

Tuesday 11 August 2015

The Financial Mafia Put The Boot In.

     It looks like the Greek "bailout" will go ahead, and the people of Greece will be in hawk to the financial Mafia to the tune of €86 billion. Not that the people will see much of this money, about 80% of it will find its way, very quickly, back to the bond holders behind the ECB, (European Central Bank), but what the people of Greece will see, is another massive drop in their standard of living, coming from increased taxes, lower pensions,  a higher retiring age, higher VAT, and a relaxing of health and safety conditions and other working conditions, plus a squeeze on wages. They are also expected to stand by and see €50 billion of their public assets sold off at rock bottom prices, to the corporate buddies of the financial Mafia, within the next couple of years. This is the Financial Mafia putting the boot in on the people of Greece, and the national government can go to hell in a hand cart.
     The bailout will not solve Greece's debt problem, most economic "experts" agree on this, most agree that it is unsustainable, no matter if there is another bailout after this one. What it will do, is syphon more public money up to the financial parasites who will bleed country after country dry, see the people of those countries descend into deprivation, with never a compassionate look in their direction. To them people are units to be used for profit and nothing else. 


Visit ann arky's home at www.radicalglasgow.me.uk

Wednesday 22 January 2014

Greece, A Plundered Land.


    Greece has been out of the financial news recently, creating the impression that the Troika solutions are working. Its double speak Prime Minister, Antonis Samaras, was blowing smoke and holding mirrors, as he stated that, Greece would leave the bailout program in 2014. In a national Television broadcast he boasted, “In 2014, Greece will venture out to the markets again,-----there will be no need for new loans and a new bailout”. Well it seems that this is Alice in Wonderland economics. With large loans falling due this year, “experts” say that Greece will default by May, August at the latest.
      According to recent figures, Greece showed a surplus this year of €800 million. However, the payments that Greece has to make this year amount to €31.6 billion, the loan funds available for this are €17.5 billion, their €800 million surplus is no more than coffee money for the corrupt government that oversees the plundering of the people of Greece. The figures just doesn't add up.
      The bailout is no more than a financial Mafia scam, the Troika hands bundles of money to Greece, however the Greek government can't decide how it should be spent, it is simply hands it back to the Troika as interest and capital payments. The dregs left at the bottom of the bucket, can be spent by the Greek government.     
      There is no way out for the people of Greece if they stay with the present economic system, all they will reap is more misery, poverty and deprivation as their future. In the economics of the financial parasites, people don't count.
The people have to tighten their belts if we are to get through these difficult times
                                                                                                                                    What the bailout does guarantee however, is that the Greek government is forced to sell off all its public assets, at knock-down prices, to the corporate friends of the Troika. For Troika, read “financial mafia”, made up of the EC, European Commission, ECB, European Central Bank and the IMF, International Mankind Fuckers. You can rest assured that what ever solution that cabal of financial parasites come up with, will do nothing more than swell their already overflowing coffers, and it will all be at the expense of the ordinary people. In the end, Greece will be a busted, plunder country, all paid for by the deprivation of its people. Of course no country is immune from the festering influence of "the markets", we are all on the agenda for plundering.
Visit ann arky's home at www.radicalglasgow.me.uk

Monday 19 September 2011

DEPRIVATION TO END HUMILIATION!!!


        The Greek foreign minister Mr. Venizelos stated that the IMF (International Mankind Fuckers) had failed to “give a definitive and complete answer to the attacks on the Euro.” and said that Greece had been blackmailed and humiliated. His answer to the blackmail and humiliation of the Greek people was the need to do three things.



 1. Greece achieving its 2011 and 2012 fiscal targets. This translates into, slash the living standards of the Greek people and put them in a state of deprivation for the next 15 to 20 years or more. His 2nd point: Achieve annual budget surpluses “as soon as possible”. Translation, sack thousands of public sector workers, pushing unemployment to previously unseen levels increasing the poverty of the ordinary people. Mr. Venizelos's 3rd. Point; Carry out structural changes to allow Greece to become more competitive and productive. Translation; Sell off all Greece's public assets at bargain prices to the rich investors of the greed driven corporate world, in so doing, add billions of Euros to the coffers of the banking system and remove any control the Greek people might have over their own assets. This then is the Greek political class's answer to end the humiliation of the Greek people. It sounds to me that the cure is worse than the disease, think of the mess we would be in if they were in the medical profession!!
 

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Tuesday 5 July 2011

WHOSE DEBT IS IT ANYWAY???  
  

   This world is built on debt, every country is more or less obliged to borrow, then when their debt is too big for them to handle they sell their debt. Then the countries that buy the debt have too much debt they sell the debt, eventually every country is carrying too much debt and they scurry around for somebody else to buy their debt, but nobody can, well except the Joe public, the tax payer. so they, have to pay for the debt with "austerity cuts", translated that means slashing their standard of living, throwing millions on the dole destroying all social services and selling off all public assets, so that the insane mery-go-round can start up again and the banks and bond markets don't lose their greed gotten gains.




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Friday 3 June 2011

WHEN WILL WE EVER LEARN???

     
      Behind closed doors and long into the night they met. Then the announcement, Greece and its EU partners have agreed a deal to loan Greece more money. You would think that for the people of Greece that would be a good thing, after all the country is strapped for cash and the people are suffering.

      However this money will not go to make the lives of the Greek people any better, on the contrary, they will have to suffer more pain because of this loan. They will have to face higher taxes, cuts in services, and lower wages, add to that the fact that they will have to sell off all their assets to the corporate world, who at the moment are hovering over Greece like the proverbial vultures. You see, this money isn't really for the Greek people, it is to save the gambling casinos of the world, (the banks and bond markets) from suffering the effects of their excessive greedy gambles that went wrong.

     Over the last few years the banks and bond markets gambled like crazy and it all went wrong and they are virtually bust. So how do they save themselves? Why by getting the taxpayers of the world to fund their losses. The governments of the EU and across the world will slash the standard of living of all the people and the money saved can go to pay off the gamblers debts. Then those same governments will sell off all our public assets to their friends in the corporate greed machine and that should just about save the parasites in the banking and bond markets from losing too much of their unearned cash.

Why should we want to change things??
 
     Who devised such a wonderful scheme, if you have billions to play with and you lose, no problem, just take the people's money and let them grovel in misery, while you get back to playing with your billions. Oh when will we ever learn????