This guy called and explained why the Euro debt deal was a joke minutes after it was passed. Then, he gave a quick simple answer as to why it was
bad. Now, with the events that have transpired in the last few days, he proves that he was 100% right. While the markets rallied and reacted with
euphoria and joy the very day after the deal, he was explaining what the markets are now starting to realize. Here are the three links in
Going by the tone of his conclusion on the third entry there, it would appear that the author of that blog agrees that there is a global financial
meltdown forthcoming and only a miracle will save the global economy.
They knew all along that Greece would HAVE TO GO! The Leaders of Greece are in on it too!
But they have to make it look like the European Leaders are trying to help - they have no intention of helping and for some reason yet to transpire -
it suits them nicely that Greece get's out - they were costing the Eurozone too much!
So rather than kick them out they do a deal and Greece calls a referendum to save face - that way the people believe that their Government are putting
them first in the face of major protests. Then when they come back with a 'NO' vote and go back to the Drakma - even though they will still have
huge debts caused by the system of the Euro their debts will be less than they would have been if they took the bale out. The people - though still
not happy - are satisfied they told the Elites to shuv it where it hurts like Iceland did.
Do not think for one moment that the Greek Prime Minister (sorry forgot his name) wasn't part of the whole plan and the Euro Leaders knew that a
referendum was all part of the plan anyway.
It's all about convincing Joe Public of what they want him to believe.
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