Just reported: Greece will not cut public salaries or there wll be civil war.
There's the gauntlet folks. It means that no "assistance" can actually succeed, because it is not possible to get the fiscal situation under
control without significant cuts in public spending.
This, incidentally, is the same problem we have in the US, and why attempts to deal with our fiscal situation at both state and federal levels is
going to end up in the same place eventually. The majority of our budget is comprised of handouts of one form or another, whether they be Social
Security, Medicare, or public-sector salaries.
The "unified opposition" by public-sector employee unions (just look at what Florida teachers ran when their pension handouts and tenure were
threatened) says everything you need to know.
Greece has to be cut loose. The best way to do it is for Germany to walk away from the Euro and return to the Mark for its currency, leaving the rest
of Europe to twist in the wind.
I see no other solution. Threats of civil war, which are effectively what the public sector unions here in the US have also threatened repeatedly
since 2008 (and to which we have responded by refusing to cut their salaries and benefits) mean that we have the irresistible force meeting the
immovable object.
All such governments who refuse to take on these bullies and meet that threat with immediate charges of inciting overthrow of the government by force
(in the US this charge is known as seditious conspiracy) will fail.
We have refused to make clear that such threats will result in charges of this sort - and so have other nations such as Greece. Yet unless this is
made crystal clear and this sort of approach by these unions is put down immediately all nations beset by this sort of action will fail both
politically and economically.
Simply put the artificial support proffered to the financial sector should have never been put forward, but having done so, the public must now bear
the cost, here, today, and immediately.
Those are the only choices folks. Greece, and indeed the entire European Union, will ultimately disintegrate (as will America) if this is not
done.
market-ticker.denninger.net...
I'm not surprised by this. You could see this coming from a mile away. The elite and the governmenet screw up everything and the common folk have
to pay for it now what do you think is going to happen... main st. is sick of getting teddy roosevelt's big stick right in the ***. civil war is
afoot people.. keep an eye out. prepare..
theeconomiccollapseblog.com...
20 Things You Will Need To Survive When The Economy Collapses And The Next Great Depression Begins
These times remind of World War I. This role of imperial Russia will be played by Imperial America. we will get sucked into a world war amongst
economic collapse and then Civil War will break out and we'll be forced out of the world war to fight the civil war and america will be reduced to
destitution and destruction..
All the world is a stage and all eyes should be on Greece because whats playing out there is what will be played out throughout the west soon after...
Its like seeing into the future for countries like Italy, UK, Spain and of course America.