JUL 14 SIT EC y POL
ZERO HEDGE
Tsipras
Stunner: Creditors Said "There Is No Point In Holding Elections" In
Bailed Out Countries. Submitted
by Tyler Durden on 07/14/2015
As if the long-suffering Greek people need more tragedy in
their lives, here comes an admission from their chosen "leader" that Greece, as a
sovereign nation, no longer exists: GREEK PM TSIPRAS SAYS LENDERS
GIVE A MESSAGE THAT IN COUNTRIES UNDER A BAILOUT THERE IS NO POINT IN HOLDING
ELECTIONS.
[End of democ in Greece?.. Why to
elect? .. if any elected Gvt won’t be respected by the tyrants of the EU, la troika?
En realidad la Democ nunca existio
dentro del sistema imperial dominante .. cuando quisieron derrocaron Pdtes que
no les gusto .. lo acaban de conseguir en EU .. un sistema puppet del imperio
.. Aun asi, el pueblo seguirá votando por Gbnos de izq .. al menos la democ servirá
para que estos denuncien las horribles políticas imperiales … hasta que llegue
el momento de tumbarlo..pero ese momento también hay que crearlo .. Como?..
Revisando críticamente lo actuado, corrigiendo errores y mejorando los planes de lucha.. las estrategias y tácticas ]
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De-Dollarization
- Mapping The Ruin Of A Reserve Currency. S- by Tyler
Durden on 07/14/2015
The dollar has been a stalwart of international trade over
the majority of the last century. Around the time of the formation of the
Eurozone, it reached its recent peak at
71.0% of official foreign exchange reserves. Since then, its composition of
global reserves has more recently dropped to a more modest 62.9% in 2014. However,
the dollar is slowly losing its status as the world’s
undisputed reserve currency.
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How
The US Government Blew $1 Billion In Taxpayer Funds On "Ghost
Schools" In Afghanistan Submitted by Tyler
Durden on 07/14/2015
[ Nuestro sistema
imperial es por demas corrupto ..no solo los invasores del universo se
enbolsillaron dinero de las escuelas .. mucho mas que eso .. pregúntenles a los
de ENRON y otros “socios” ]
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IMF
May Walk Away From Greek Bailout. Submitted by Tyler
Durden on 07/14/2015
"The International Monetary Fund has sent its
strongest signal that it may walk away from Greece’s new bailout programme.
Under its rules, the IMF is not allowed to participate in a bailout if a
country’s debt is deemed unsustainable and there is no prospect of it returning
to private bond markets for financing. The IMF has bent its rules to
participate in previous Greek bailouts, but the memo suggests it can no longer
do so," FT reports.
[ No van
a irse.. de la basura que promueven viven esos cerdos .. Que quieran mejor
sueldo? Quizá..]
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Ron Paul Warns "Greece Today, America Tomorrow?". Submitted by Tyler Durden on 07/14/2015
The Greek crisis provides a look into what awaits us
unless we stop overspending on warfare and welfare and restore a sound monetary
system. While most commentators
have focused on Greece’s welfare state, much of Greece’s deficit was caused by
excessive military spending. Even as its economy collapses and the government
makes (minor) cuts in welfare spending, Greece’s military budget remains among
the largest in the European Union. Congress will only reverse course when a
critical mass of people reject the entitlement mentality and understand that
the government is incapable of running the world, running our lives, and
running the economy.
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Everything
You Need To Know About The Greek Crisis And ECB Fascism In Two Paragraphs. Submitted by Tyler
Durden on 07/14/2015
There is no
democracy in Europe. None.
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Greek
Bad Loans Soar To €100 Billion Submitted
by Tyler Durden on 07/14/2015
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IMF
Rips Pandora's Box To Shreds, Demands Greek Debt Relief "Far Beyond What
Europe Has Been Willing To Consider". Submitted by Tyler Durden on 07/14/2015
Just like the first IMF report, which we correctly compared
to the IMF opening a Pandora's box, and with which the IMF also obliterated the
careful plans of the Troika, so with this follow up, the IMF effectively
crushes the Greek bailout process and literally tears Pandora's box to shreds,
with the following summary assessment: "Greece’s debt can now only be
made sustainable through debt relief measures that go far beyond what Europe
has been willing to consider so far."
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Greece Just Gave Everyone The Best Trade Opportunity Of The Year. S- by Tyler Durden on 07/14/2015
At an annualized return of approximately
20,622,184,553,370,800,000,000,000,000,000,000,000,000,000%, Greece just gave everyone the best trade opportunity
of the year...
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Greek
2025 Debt/GDP: 336%. Submitted by Tyler
Durden on 07/14/2015
Several days ago when we first calculated that the new Greek
debt/GDP post bailout #3 will promptly hit 200%, something the IMF agreed with
earlier today. But it won't stop here, and as the following analysis from
Michael Lebowitz at 720 Global shows,
just based on the country's negative growth rate and positive interest rate,
Greek debt/GDP will keep rising indefinitely and will likely hit 336% in
about one decade, at which point Greece will, for all intents and purposes,
cease to exist.
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IMF
Declares War On Germany: In "Secret" Report Lagarde Says Greece Will
Need Massive Debt Relief Submitted by Tyler
Durden on 07/14/2015
"The dramatic deterioration in debt sustainability
points to the need for debt relief on a scale that would need to go well
beyond what has been under consideration to date - and what has been
proposed by the ESM. European countries would have to give Greece a 30-year
grace period on servicing all its European debt, including new loans, and a
very dramatic maturity extension, or else make explicit annual fiscal transfers
to the Greek budget or accept 'deep upfront haircuts'."
Or, more simply: "Mark it zero."
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Are
Central Bankers Poised To Break The World Again?. Submitted by Tyler
Durden on 07/14/2015
In his Pulitzer-Prize-winning book, Lords
of Finance, the economist Liaquat Ahamad tells the story of how four
central bankers, driven by staunch adherence to the gold standard, “broke the
world” and triggered the Great Depression. Today’s central bankers largely
share a new conventional wisdom – about the benefits of loose monetary policy. Are
monetary policymakers poised to break the world again?
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Iran
Deal Done - "Stunning, Historic Mistake" Or "Profoundly Positive
Change". Submitted by Tyler
Durden on 07/14/2015
While slightly later than expected, a comprehensive deal on
Iran’s nuclear weapons program has now been reached. As
Reuters reports, the agreement will be greeted with alarm in several
quarters, both in Washington and Tehran and internationally too, and could yet
unravel. Internationally, the deal will accelerate unease in some Arab
states, including Saudi Arabia, but it is Israeli Prime Minister Benjamin
Netanyahu who remains the fiercest public critic and has issued a warning that
the accord will "inevitably lead to a nuclear war." The
deal profoundly changes the balance of power in the region, but averts the
conflict that was likely otherwise, but as ECStrat notes, Iran offers
exceptional investment opportunities, but the near term impact will be to
continue oil’s decline back to its lows, potentially taking energy stocks with
it.
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Diminishing
Returns On Central-Planning Policy Extremes = 2016 Crash. S- by Tyler
Durden on 07/14/15
The problem with these policy extremes is that they are
so painfully visibly acts of central-planning desperation. If things are as
positive as we're told, then why are central planners forced to impose such
absurdly extreme policies to keep the status quo from imploding? If these
policies worked, why are interest rates still pegged to zero after six years of
"growth" and the inflation of monumental asset bubbles? If these
policies don't work (and they obviously don't, otherwise the authorities could
have normalized interest rates and ceased quantitative easing, stock purchases,
plunge protection schemes, etc. many years ago) and central planners keep
doing more of what has failed, then the only possible conclusions are...
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Complete
Humiliation: Greek Parliament Pressed To "Approve" German
"Coup". S- by Tyler
Durden on 07/14/15
In the final act of what has become a modern Greek tragedy,
lawmakers will now be forced to choose between "approving" what is
effectively a German overthrow of the Greek government, or face the collapse of
the banking system and an economic depression of unimaginable propotions.
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Varoufakis:
Greek Deal Is "Coup", Turns Greece Into "Vassal" State, And
Deals "Decisive Blow" To European Project. Submitted by Tyler
Durden on 07/14/2015
Europeans, even those who give not a damn for Greece,
ought to beware.The Euro Summit statement of yesterday morning has nothing to
do with economics, nor with any concern for the type of reform agenda capable
of lifting Greece out of its mire. It is purely and simply a manifestation of
the politics of humiliation in action.
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Submitted by Tyler
Durden on 07/14/2015 - 07:38
- Greek lawmakers split over bailout as vote looms (Reuters)
- Greek Bailout Rests on Asset Sale Plan That Already Failed (BBG)
- Greece Needs $25 Billion to Get Through August, Scicluna Says (BBG)
- Tsipras Enters Parliament Den to Sell Aid Deal to Greeks (BBG)
- Greece makes samurai bond repayment (FT)
- Iran, World Powers Have Reached Nuclear Agreement (BBG)
- Janet Yellen’s Fed Flounders in Political Arena (WSJ)
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World
Powers Reach Landmark Nuclear Deal With Iran, Oil Slides - Full Deal Text.
Submitted by Tyler Durden on 07/14/2015
It is only fitting that almost exactly 24 hours after the
Greek "pre-deal", which may and will end up crashing and burning in
very short notice, another long expected "deal", one which has been
about a decade in the making, was reached, when Iran reached a landmark nuclear
agreement with the U.S. and five other world powers, a long-sought foreign
policy goal of the Obama administration. However, just like with the Greek deal
celebrations, these too will likely be short lived as the outcome sets the
White House on course for months of political strife with dissenters in
Congress and in allied Middle Eastern nations.
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WASHINGTON BLOG
We know that what we receive is literal criminal fraud:
- increasing national and total debts from having what we use for money created as debt owed to private banks,
- decaying infrastructure getting uglier from “deferred maintenance,”
- real unemployment near 25% with most families demanding both parents work longer and longer hours,
- real inflation well above official reports,
- US poverty of 20% among children,
- 72% of California students in schools with over half the children classified as “socio-economically disadvantaged,”
- a .01% oligarch class that “legally” hide $20 to $30 trillion in offshore tax havens,
- a rigged-casino economy designed for “peak inequality,”
- “too big to fail” banks demand public subsidies (so-called “bailouts”) while gambling with over $200 TRILLION in derivatives,
- these “too big to fail/jail” banks deriving most of their income from subsidies and apparent market manipulations,
- ongoing intentional poverty that kills ~20,000 children world-wide in gruesome slow-motion daily ($1 to $3 trillion over ten years would end poverty while reducing population growth rates),
- connected to money are unlawful and lie-began wars; crimes that have to be “covered” with Orwellian lies of corporate media.
I could go on to literally ~100 areas of crucial concern.
The first challenge for the 99.99% is to trust their own Emperor’s New Clothes observations
that Earth is truly in this tragic-comedy rather than listen to the .01%’s lies
attempting to cover naked facts anyone can see.
The path forward as we build a critical mass of humans
recognizing the Emperor’s New Clothes truth is to
demand arrests and solutions, obviously:
- ARRESTS: the first responsible action upon recognizing massive crimes that annually kill millions, harm billions, and loot trillions is to demand that law enforcement and military enact arrests of criminal leaders to stop the crimes and begin unwinding the truth of what happened in Earth’s tragic-comedy (four-part article series with videos on arrests as the obvious citizen response).
- SOLUTIONS: the .01% with corporate media have suppressed solutions documented beginning with Benjamin Franklin how government can abundantly operate without taxes: monetary and credit reform allow the public to have near-instant prosperity: full-employment, zero public deficits and debt, the best infrastructure we can imagine, falling prices, and release of public TRILLIONS held in “rainy day” accounts. Full documentation here.
Mark Anielski and Ellen Brown respond to the above
interview for 15 minutes
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INFORMATION CLEARINGHOUSE INFO
Iran Nuke Deal Resets Eurasia’s ‘Great Game'.
By Pepe Escobar. Iran — supported by Russia and China — has finally,
successfully, called the long, winding 12-year-long Atlanticist bluff on its
“nuclear weapons.”
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Iran
Achieved All Long-sought Objectives: Rouhani. By Press TV. Israel’s efforts to push the nuclear talks into
failure have led to the defeat of the Tel Aviv regime, the Iranian president
stated.
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President tells Tehran: ‘A foreign policy based on threats
to attack your neighbors or eradicate Israel, that’s a dead end’.
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Moscow hopes the US will fulfill its promise not to develop
a system of missile defense in Europe after a deal with Iran has been reached,
Russian Foreign Minister Sergey Lavrov said
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The Problem
of Greece is Not Only a Tragedy: It is a Lie
By John Pilger
By John Pilger
Few have asked: Who are these “radicals”? What do they
believe in?
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We Are All
Greeks Now. By Chris Hedges
The poor and the working class in the United States know
what it is to be Greek. They know underemployment and unemployment. They know
life without a pension.
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The international financiers needs and demands are placed
well above the democratic desires, needs, or basic human rights of your people.
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GLOBAL RESEARCH
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NOTICIAS EN ESPAÑOL
Golpe de Estado en Grecia. Clara Serrano García
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América Latina en el nuevo orden mundial. Raúl Zibechi
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Syriza en el poder: ¿hacia dónde va Grecia?. Stathis Kouvelakis/Alex Callinicos. En el marco del evento anual "Marxism
2015: Ideas for revolution" se desarrolló un debate entre ambos
autores
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Al borde de una nueva crisis financiera?. Juan Luis Berterretche
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PRESS TV
'Congress
attempting to kill Iran deal'. Tue Jul 14, 2015 The Zionist-dominated
legislative branch in the United States will attempt to “kill” the nuclear
agreement.
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EU
extends freeze on Iran bans until 2016. Tue Jul 14, 2015 The European
Union extends a freeze on Iran sanctions until January 2016.
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