greece

Greek Default – Part II – What Comes Next?

March 11, 2012

This, is what comes next. The Eight Hundred Pound Greek Gorilla Enters The Room “After an increase of only 3% in the second half of 2010, total notional amounts outstanding of over-the-counter (OTC) derivatives rose by 18% in the first half of 2011, reaching $708 trillion by the end of June 2011. Notional amounts outstanding [...]

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The Greek Default – Lies Cant Change The Facts – Part 1

March 11, 2012

So Greece has finally gotten round to what we have been saying was inevitable for 2 years + and to what all the top European politicians and bankers have been denying over that same period, defaulting on it’s unsustainable debt. Here’s a great overview by John Maudlin covering some of the tragicomedy farce and lies, and [...]

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Europe’s Truckloads of Bailout Cash

January 31, 2012

A while back we showed some pictures of the US debt from www.wtfnoway.com, so it’s only fair that with Europe in a slow motion collapse caused by the imminent (and always obvious) Greek default, that we visualize the sheer truckloads of cash that has been, and is about to be printed and charged to the [...]

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Global Coordinated Bailouts Just Shows Global Panic Behind The Scenes – Don’t Believe A Word

December 5, 2011

If you somehow slept through last week and managed to miss the coordinated Global bailouts (as called by Jim Willie back in the summer) initiated by the Fed but supported by every major central planner bank in the world, you might be forgiven for wondering if things are somehow magically fixed now, if the worst [...]

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Conspiracy Theories or Not – Banks Do Control The World!

November 14, 2011

This is interesting, scientists in Zurich Switzerland have mathematically and scientifically proven what many people have observed and surmised previously, that a smallish group of major global corporations, primarily banks basically run the world. Whilst voicing this suspicion mere  weeks ago would have you lumped in with “Conspiracy Theorists” or the “Occupy” crowd, there is [...]

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Italian Bank Runs – “Economic Krakatoa” Imminent

November 13, 2011

Irish TV dispensing Red Pills to anybody listening..  are you?

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Europe – Whats Really Going To Happen – EFSF is DOA

November 13, 2011

The European rescue plan – the European Financial Stability Facility (EFSF) moves from farce to tragedy, as it appears somebody slipped Germany a Red Pill. “Ever’so Feckin’ Stupid Feckers” ..would be a better description. The Euro Fiasco Suicide Formula (EFSF) from Lighthouse Investment Group There is one simple rule for investors: avoid all things beginning with [...]

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Financial Armageddon Update – Not Long Now..

November 1, 2011

This last month has just seen the most ridiculous farcical market action as markets worldwide lurched between scary plunge and huge surge on every nonsense rumour from Europe on an almost hourly basis, culminating in the mighty hopium-powered “Rally for No Fundamental Reason”  (RFNFR) following last Thursday’s latest Euro bailout (plan) the Trillion Euro EFSF [...]

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Will Germany Exit €uro? – “Greece Least of the Problems”

September 13, 2011

Indeed, the inevitable Greek default is really just one of many detonators that are primed, any of which can, and one of which will, detonate the Euro bomb.  From Bloomberg #mustwatch

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European Implosion – The End Is Nigh!!

September 3, 2011

Back on Aug 12th we sounded the red alert that Europe was on the brink of Lehman style collapse, because as has always been blatently obvious to any vaguely sentient being, Greece is going to default, leave the Euro and bring down multiple insolvent and highly interconnected banks. Although this is mathematically inevitable eventually, as always, [...]

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Intergalactic Bailout Rescues Earth From Global Collapse?

July 12, 2011

<Onion_Style> In a stunning new development Military officials at the Area 51 Edwards Air Force base in Nevada  announced llastnight that the recent rash of UFO sightings are not after all “wacko conspiracy theories” and that EarthCorp LLc has received a friendly offer of last-minute help from a generous and very trustworthy consortium of Intergalactic [...]

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#SpanishRevolution Continues – Europe’s Time Now?

June 19, 2011

The (Un-televised) #SpanishRevolution continues With Europe once again on the brink of a full banking collapse brought on by the impending and inevitable Greek default, Spain & Greece are again leading the way with the people’s revolution against the “Banker occupation”. It is only a matter of time until this goes global, and when the [...]

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European MEP Nigel Farrage – Greece Likely Default Within 2 Weeks & Then The “ECB Bust”

June 16, 2011

If there’s any politician in Europe you can rely on for your Red Pill, it’s MEP – Nigel Farrage. “I dont think the banking crisis is over, I suspect that it’s hardly begun..” Greece default is coming, could come within the next couple of weeks” “the European Central Bank itself effectively will be bust” “Mystery that the [...]

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US Circling the Drain & Door About to Shut for Americans

June 13, 2011

Take The Red Pill Now.. With “The Bernank” now unable to justify his desired QE3, 4, 5 and on ad infinitum yet until the collapse starts in earnest, and the global situation deteriorating by the day, and clearly now circling the drain, the markets are starting their long journey downwards that they must ultimately take, and [...]

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