Untitled Document

Greek Drama – Open Thread
Corbett • 07/07/2015 • 20 Comments

https://www.corbettreport.com/greek-drama-open-thread/
TheInternationalForecaster.com

July 7, 2015

There is a drama of epic proportions unfolding in Greece right now. It’s surely not a comedy, but will it end in tragedy? Stay tuned.

The story so far:

The Greek people defied the majority of the world’s expectations on Sunday by voting “no” to the Eurozone’s bailout proposals. What does this mean? No one knows yet, and don’t believe anyone who tells you otherwise. The word on the street are that the options on the negotiating table at this point are:

a) Back to square one looking for a new bailout deal with bigger and better structural reforms than ever before!

b) The Greek government could start a “parallel currency” by issuing promissory notes to key creditors, or a kind of ‘lesser euro’ within the Eurozone itself.

c) Greece could officially declare bankruptcy and be ejected from the Euro. [BEST OPTION - SAVEELSOBRANTE]

The first option is just plain silly; the very inability to hammer out such a deal is precisely why we’re here, after all. The second option would open a pandora’s box of unanswered questions that could very well dismantle the Eurozone from the inside out as other economically-challenged, bailout-prone “peripheral” countries try to get in on the promissory note act. That pretty much leaves option three, right? Well, not if the Greeks have their way. Just last week the Greek government threatened to take the Eurozone to court if they tried to force a Grexit, so suddenly option three isn’t looking like such a foregone conclusion. And let’s not forget that all three of those options are only rumors anyway.

What we do know: The Soros-promoting Syriza Finance Minister with a questionable history, Yanis Varoufakis just resigned and is being replaced by the Oxford-educated Euclid Tsakalotos. The Greek banks are going to remain closed until at least Wednesday and ATM withdrawal limits of 60 euros a day might have to be tightened as the central bank starts to run out of physical cash. And no one but no one is so much as peeping a breath about the parliamentary report on illegal, illegitimate, odious debt as a starting point for negotiations.

So here we are. Tragedy? Farce? Bleak tale with a light at the end of the tunnel? It’s too early to know. But get your popcorn ready, because no matter how it plays out this tale is one that will be well worth watching.

Corbett says:
07/07/2015 at 11:20 pm

Hey guys, I know the Greek drama is very much a moving target at the moment, so I’d appreciate your help in keeping these comments up to date with links and analyses while I’m away. Conversely if you think the Greek story is just a distraction, let us know what you think we’re being distracted from.
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Peace Seeker says:
07/08/2015 at 6:40 am

We are being distracted by the China Meltdown the bubble bursting on the Chinese Economy, What happens when they come to collect their money from trading partners? Stay tuned for the real drama. That is where the fireworks will be starting.
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archives2001 says:
07/08/2015 at 9:23 am

ABSOLUTELY SPOT ON PEACE SEEKER!!!!
I agree ONE HUNDRED PERCENT !!!
China’s the 8 Trillion dollar gorilla
in the room, James!
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ivan says:
07/08/2015 at 12:38 pm

Not much of a political analysis, but good to listen to.
“Reconnecting to the Strength We Have: Interview with Maria Scordialos” (Charles Eisenstein)
https://www.youtube.com/watch?v=FhYrM-gUTPU
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hankblackgraphics says:
07/08/2015 at 1:36 am

I have nothing to say, other than forwarding this message I just saw today.

Greece, just a thought to wipe out your national debt
by Walter Burien – CAFR1
07/06/15

Greece has been in the news for the last several months per defaulting on their National Debt which is about 200 Billion Dollars in total.

Here’s a thought; Well, the large institutional traders (primarily banks) have been using the Greece scenario as an excuse to manipulate the world Stock Index and Interest Rate Markets.

Over the last 20-days they have easily generated value ten-times the total Greek National Debt utilizing Greece’s name and circumstances to do so.

Here is a 30-year US Bond chart showing 1-week you can expand to show 2-months and here is a DOW chart. You will notice over the last 20-days big gaps up and down.

Well, for several of those gaps, the institutional accounts utilized the name of Greece as the excuse to manipulate and roll the markets. In doing so they generated tens of billions of profits on each occasion. Now in consideration of the world markets in total, these institutional accounts easily pulled off as mentioned earlier at least ten-times the entire Greek National Debt in doing so.

So, my message to the people of Greece is: Maybe you should investigate and confirm what institutional accounts were moving in tandem utilizing your country’s name, Greece, and manipulating your circumstance for their own profit, and then you could go to the World Court with that evidence to get a seizure and confiscation court order whereby each has a proportional amount of equity seized / forfeited from the profits they made using your name and then your National Debt is gone. Gone in one move and at one stroke of the pen.

Now Greece, don’t feel guilty if you do this. Just remember a “proportional” seizure from each of these manipulating institutional accounts would only amount to 10% or less of the profits they made utilizing your name and circumstances.

They in turn will keep 90% of the wealth the stole from everyone else and your National Debt will be gone. Back to life as usual in Greece. Sounds like a winner to me.. Just a thought if you cared to make it happen.

Would make a nice precedence with the World Court for justice don’t you think?

Please forward this to every person you know who is in Greece or is Greek and ask them to do the same.

Communicated to you and truly Yours,

Walter J. Burien, Jr. CTA (Commodity Trading Adviser) 1978 – 1992
P. O. Box 2112
Saint Johns, AZ 85936

Home: (928) 458-5854 Arizona

___________________________________

This Email is covered by the Electronic Communications Privacy Act, 18 U.S.C. Section #2510-2521 and is legally privileged. The information contained in this Email is intended only for use of the individual or entity named above. If the reader of this message is not the intended recipient, or the employee, or personally KNOWN TO THE RECIPIENT agent responsible to deliver it to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication, and you are not the intended recipient I sent to, notify me immediately or please be advised that if you do not notify me immediately, you shall be subject to fine, imprisonment, and civil sanctions.
___________________________________

To update your information regarding getting email posts from Walter Burien – CAFR1, please use the following link:
http://cafr1.com/phplist/?p=preferences&uid=ed40b93106234ca31c5118489252cc82
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archives2001 says:
07/08/2015 at 1:01 pm

Thnx Hank for submitting Walter’s article. GREAT idea but…

I just emailed him asking him about the chances of getting any
positive results from the World Court.
If they’re anything like the Warren Commission or 9/11 Committee…
Fergitaboudit!
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candideschmyles says:
07/08/2015 at 2:13 am

Yasso Fili sto Fili mou,

Good idea to leave this open like this while you are away James. Not that I have much to add at the moment. Everything is so up in the air. I should have been listening to what Max Keiser is saying about it, but times demands and all that. He is a good source though, he gets good inside angles on many aspects of global finance.

Wish you and your family a lovely holiday…
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Al Saleh says:
07/08/2015 at 4:13 am

The Greek people are fighting the same oppression as any people in the world. The bankers are hammering Greece now, tomorrow they might be hammering another country. So while you prepare your popcorn to watch the Greek drama, other people might be preparing their popcorn to watch your own drama.

Do you know the feeling of a highly educated Greek with 20 years experience who can’t support his family, and saves his own meal to feed his children? I claim to know this feeling, because as a Syrian, I saw my father in that position in 1980s, and I saw myself in that same position in 2010s.

People’s lives are being crushed in Greece, as in Syria. This is not a tragic drama, this is real mass murder. No body on this site will enjoy watching it. I hope some people will do something about it: https://www.corbettreport.com/tag/solutions/
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Broc West says:
07/08/2015 at 10:32 am

Highly recommended article here from Andrew Gavin Marshall.

Between Berlin and a Hard Place: Greece and the German Strategy to Dominate Europe – http://andrewgavinmarshall.com/2015/07/07/between-berlin-and-a-hard-place-greece-and-the-german-strategy-to-dominate-europe/
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nosoapradio says:
07/08/2015 at 5:08 pm

Concerning Broc’s linked article about how Germany is wielding the Troika not to solve “the crisis” but to destroy EU member state sovereignty…

It’s interesting the article opens with critical remarks concerning “European leaders (towards debt-laden Greece in February of 2010)” made by Timothy Geithner who besides his classic claims to fame as telegenic footman for banking interests is also a high-profile player on the Sino-American collaboration scene:

https://en.wikipedia.org/wiki/U.S.%E2%80%93China_Strategic_and_Economic_Dialogue

So Geithner’s supposed to represent American interests in European debt crisis management… he seems to practice the “criticize, criticize, criticize” version of the “deny, deny, deny” method of spin while bailing out banks and working with Mr. Schauble at the German Finance Ministry…

Well, from here it still appears to be an engineered build up of China and controlled demolition of Europe with now a great pretext for China to pick up Greek debt…while promising to leave them in the Eurozone and EU…?

Though it’ll probably take time as they’ve gotta keep up appearences of spontaneous, unsynchronized events and antagonism…
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nosoapradio says:
07/08/2015 at 5:20 pm

If I’ve understood correctly, Europe is doing exactly what Geithner did: bailing out banks…?
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nosoapradio says:
07/08/2015 at 6:10 pm

sure you’ve all seen this as I believe Mr Corbett posted it and I know I sound like a broken record but it’s interesting to keep in mind perhaps on this thread:

http://www.zerohedge.com/news/2015-07-02/china-state-official-hints-beijing-may-bailout-greece

The graphic is particularly provocative…

Wonder what Geithner would have to say about it…
nosoapradio says:
07/08/2015 at 10:14 pm

It could get interesting if Greece and FYROM get chummy as they seem to agree on a number of subjects, most notably concerning Russia. (Turkstream and ending sanctions on Russia) They could also work out the long-standing and prohibitive Macedonian name issue but what would be the implications now that Macedonia has tasted and witnessed the fruits of Western democracy in the form of attempted color revolutions, coup d’états and austerity?

The following link also describes an interesting scenario:

Third Balkan War in the making: Serbs, Greeks, Bulgarians and Macedonians to unite against the “Greater Albania”?

http://www.telegraf.rs/english/1566600-third-balkan-war-in-the-making-serbs-greeks-bulgarians-and-macedonians-to-unite-against-the-greater-albania

Could this be a way of marrying a desire for war, the destruction of the euro along with the EU and the rise of the East?

perhaps even transforming into a proxy war between Iran and Israel??? eeeeeeek!
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sandy steel says:
07/08/2015 at 2:46 pm

Thinking about the root causes of the Greek’s Debt Crisis, and a root and branch solution too, also with an UK perspective, I’d say that their debt crisis is principally due to the institutional corruption of our Western ‘Democratic’ Party Politicians, which ‘enemies within’ are really ‘for maximisation of shareholders’ profits’ corporate quislings.

Here is a link to an 8min ad hoc interview I gave to Mark Ceylon on how the UK’s Elections are comprehensively cartel defrauded by the UK’s national corporate party politicians in their own favour: “Systemic Fraud In All Elections/Selections”: 8mins. https://www.youtube.com/watch?v=oSCU0GPqD8Y

I also think that the re-assertion of ready access to Jury Trial, Common Law Jurisdiction for both defendants and complainants, which law is both democratic and anarchic as is possible, also which is essentially, a collective tribal law, is an answer to the criminal, corporate run globalised governments of today.

See the British Constitution Group’s website and I think its commendable effort in the Jury Trial Common Law direction, with it’s recent holding of 3 Grand Juries in order publically lawfully to indict the UK GOV with regard to Pederasty Rings which that GOV has controlled – although I regard controlled elite pederasty rings as a side show: http://www.britishconstitutiongroup.com/

I intend and recommend to use Jury Trial, Common Law; (and see how to hold Grand Jury’s yourself, via the BCG’s website), in order generally to dismantle the criminal corporatism within government and beyond, including those dynasties in their off-shore tax havens who are behind such corporations, being their largest shareholders.

I also hope the BCG will not become yet another controlled opposition and it will itself hold Grand Juries on more matters than just party political associated, pederasts rings. Sorry if this projected root and branch lawful solution seems too UK centric a resolution, for the Greeks, but I think everywhere needs its own Jury Trial Common Law, tribal justice system reasserted in order to reel in any criminal hierarchies; so as here in the UK, so too perhaps both in Greece and elsewhere – I hope that makes some sense?

Sandy Steel

Poulton
GLOS
UK
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leoniedoyle4 says:
07/08/2015 at 4:46 pm

The ‘crisis’ in Greece is a deliberate strategy by the central banksters. Countries have defaulted before without any of this media frenzy. Greece is being taught a lesson by the banks – your government does NOT run the country, the banks do. Your government will obey and implement the policies the banks determine. If they don’t then the money supply will be cut off until your people cannot suffer any longer and rise up against the gov.
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phreedomphile says:
07/09/2015 at 6:38 am

That’s spot on, leoniedoyle4. The overriding message is the banks are in charge.

Two U.S. mainstream media memes I’ve observed are:

1.) Paternalism. The Central Banks are working responsibly to protect all of us and the rest of global economy is reasonably safe from contagion because international banking and finance has built secure firewalls.

2.) As goes Greece, so goes the rest of the debt-laden world (editorial headline). We are all in the same boat. That is, in the long run, adjustments and sacrifices will have to be made – or else we will eventually devolve into exhibit A (Greece).

How many semi-awake folks will forget or have already forgotten their impressions of or what they learned about central banking following the bailouts?

All the more reason James’ Century of Enslavement documentary needs to be seen by as many people as possible.
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leoniedoyle4 says:
07/08/2015 at 5:02 pm

The banks are using this deliberately incited revolt in Greece to make the European Union aware of the need for an international financial court who would deal with country defaults and bankruptcies. Robert Shapiro (ex bill Clinton commerce advisor and IMF salesman) is the main visible driver behind this push for an international court.

What is truly frightening about this court being placed under UN jurisdiction is that it gives the US president the right to invade defaulting countries indefinitely without the need for consent by congress. A single person can then bully the entire world on the behalf of the banks.

Now I ask you, how easy is it to corrupt, blackmail or threaten a single person? Very easy especially when they have already proved their allegiance. Both Hilary and Jeb meet this criteria.
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brassbits says:
07/08/2015 at 7:06 pm

I have been enjoying the alternative commentary from Ken at:

http://redefininggod.com/

He has been updating several times a day and provides interesting incite into this Greek drama that the MSM doesn’t cover. In particular, the conflict of interest of the Executive Director of the IMF, Paulo Nogueira Batista, being recently made Vice President of the BRICS alliance. As the 2D chess board dictates, these are competitive bodies, but as we know from the 3D chess board, they are working together to transition from the old financial order of the West, to the new financial order of the East (but ultimately globally).

The fact that Tsipras went to meet with the BRICS guys in June (it was only mentioned in the MSM as him visiting Gazprom), such an obvious conflict of interest should have been made much more of by the MSM, but then we know why this wasn’t. Anyway, an outlet that did report on it was:

http://greece.greekreporter.com/2015/06/19/greek-pm-tsipras-meets-with-gazprom-chief-brics-delegation-in-st-petersburg/

I found Redefining God from a reference James made on his ‘How to Fake an Alien Invasion’ video.

Sorry if you have already covered this James.
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turley2u says:
07/08/2015 at 10:38 pm

This alternative article is from American Everyman

https://truthandsatire.wordpress.com/2015/07/03/greece-the-one-biggest-lie-you-are-being-told-by-the-media/
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LiquidEyes says:
07/09/2015 at 12:07 am

The Greeks should take any money they have left and move to Liberland.
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