News posts aggregated from alternative news sources.
In the Western World Capitalism Has Devolved Into Looting Paul Craig Roberts …when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when…
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Greek Prime Minister Alexis Tsipras’s statement announcing a bank holiday is as combative as that on the referendum, and is worth quoting at length. After pointing to the ECB’ refusal to increase liquidity to banks, Tsipras said:
“It is clear that the…
Greek Prime Minister Alexis Tsipras’s statement announcing a bank holiday is as combative as that on the referendum, and is worth quoting at length. After pointing to the ECB’ refusal to increase liquidity to banks, Tsipras said:
“It is clear that the…
While everyone is talking about an “inevitable” Greek exit from the Eurozone, some intelligence analysts are saying that it is rather the beginning of the end of the euro. Most dramatic was the comment by columnist Larry Elliot in Britain’s Guardian, under the headline: “Greece Crisis Could Be a Sarajevo Moment for the Eurozone.”
“Make no mistake, the decision by Alexis Tsipras to hold a referendum on the bailout terms being demanded of his country has the potential to be a Sarajevo moment…. It is not just about whether the creditors overplayed their hand in the negotiations, although they did. It is about the future of the euro itself.
“If Greece leaves, the idea that the euro is irrevocable is broken,” Elliot writes, and saying that the other countries will take the option of leaving the Eurozone. He then warns, “Just as importantly, the financial markets will know that, and will pile pressure on countries that look vulnerable. That’s why Greece represents an existential crisis for the Eurozone.
“It will be said in response that Greece is a small, insignificant country and that the single currency has much better defenses than it had at the last moment of acute trouble in the Summer of 2012. Diplomats in Europe’s capitals took very much the same view in late June 1914.”
Sputnik reports an article in today’s Der Spiegel by Henrik Müller under the headline, “Merkel’s European Strategy Didn’t Just Fail, It Failed Spectacularly.” Henrik puts the blame squarely on the German government and German Chancellor Angela Merkel in particular. And, writes Sputnik in different dispatch, the policy is now paving the way not just for a Grexit, but “for a Brexit, Frexit and Fixit,” referring to growing anti-euro sentiments in Britain (which isn’t part of the euro), France, and Finland.
“There is a real threat of Europe collapsing and Germany … is letting it happen,” Müller wrote.
An editorial in the London Daily Telegraph slammed the European Union, writing that
While everyone is talking about an “inevitable” Greek exit from the Eurozone, some intelligence analysts are saying that it is rather the beginning of the end of the euro. Most dramatic was the comment by columnist Larry Elliot in Britain’s Guardian, under the headline: “Greece Crisis Could Be a Sarajevo Moment for the Eurozone.”
“Make no mistake, the decision by Alexis Tsipras to hold a referendum on the bailout terms being demanded of his country has the potential to be a Sarajevo moment…. It is not just about whether the creditors overplayed their hand in the negotiations, although they did. It is about the future of the euro itself.
“If Greece leaves, the idea that the euro is irrevocable is broken,” Elliot writes, and saying that the other countries will take the option of leaving the Eurozone. He then warns, “Just as importantly, the financial markets will know that, and will pile pressure on countries that look vulnerable. That’s why Greece represents an existential crisis for the Eurozone.
“It will be said in response that Greece is a small, insignificant country and that the single currency has much better defenses than it had at the last moment of acute trouble in the Summer of 2012. Diplomats in Europe’s capitals took very much the same view in late June 1914.”
Sputnik reports an article in today’s Der Spiegel by Henrik Müller under the headline, “Merkel’s European Strategy Didn’t Just Fail, It Failed Spectacularly.” Henrik puts the blame squarely on the German government and German Chancellor Angela Merkel in particular. And, writes Sputnik in different dispatch, the policy is now paving the way not just for a Grexit, but “for a Brexit, Frexit and Fixit,” referring to growing anti-euro sentiments in Britain (which isn’t part of the euro), France, and Finland.
“There is a real threat of Europe collapsing and Germany … is letting it happen,” Müller wrote.
An editorial in the London Daily Telegraph slammed the European Union, writing that
The crisis now rolling through the debt markets is not a crisis of Greece, but of the bankrupt euro system and U.S. financial system. Most of the nations of the trans-Atlantic region are facing a breakdown crisis, if not tomorrow, then within weeks; a …
The crisis now rolling through the debt markets is not a crisis of Greece, but of the bankrupt euro system and U.S. financial system. Most of the nations of the trans-Atlantic region are facing a breakdown crisis, if not tomorrow, then within weeks; a …
Jost Hoppermann, vice-president, banking applications and architecture, at Forrester Research sees Infosys working on the technology behind Bitcoin as a very good development and believes it will give the company a “first-mover advantage”. He went on to say: “As soon…
Obama plunges the country deeper into tyranny.
New pope pushes gun control and world government.
Group aims to preserve books as information goes digital.
“Policing policies must be left to the police management…”
Will leftist media blame all Muslims for attack like they blamed all whites for Charleston?
“Yes, in fact, pepper spray was used…”
Said the sedative does not violate the U.S. Constitution’s ban on cruel and unusual punishment.