‘Goldman Sachs faces the prospect of potential legal action from Greece over the complex financial deals in 2001 that many blame for its subsequent debt crisis. A leading adviser to debt-riven countries has offered to help Athens recover some of the vast profits made by the investment bank. The Independent has learnt that a former […]

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‘The Greek government capitulated on Thursday to demands from its creditors for severe austerity measures in return for a modest debt write-off, raising hopes that a rescue deal could be signed at an emergency meeting of EU leaders on Sunday. Athens has put forward a 13-page document detailing reforms and public spending cuts worth €13bn […]

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‘Tech-savvy Greeks are buying expensive items like Macbook laptops and Playstation games consoles in preparation for a potential barter economy, as it is perceived the gadgets will retain their value, irrespective of economic collapse or currency change. Bloomberg reports Greeks are rushing to use credit and debit cards to make large purchases that could potentially […]

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Banks create money when they make loans. Greece could restore the liquidity desperately needed by its banks and its economy by nationalizing the banks and issuing digital loans backed by government guarantees to its ailing businesses. Greece could provide an

‘Greek leaders appeared to blink first in the eurozone stand-off with Germany, promising to “immediately implement” tax and pension-related measures in return for a three-year loan from Europe’s bailout fund. In the letter sent to the European Stability Mechanism (ESM), the Athens government said it would “set out in detail its proposals for a comprehensive […]

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‘While all Western eyes remain firmly focused on Greece, a potentially much more significant financial crisis is developing on the other side of world. In some quarters, it’s already being called China’s 1929 – the year of the most infamous stock market crash in history and the start of the economic catastrophe of the Great […]

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‘The heads of the European Union last night warned the next five days comprised ‘the most critical moment in the history of the EU’ as they attempt to finally solve the Greek debt impasse. Leaders of all 28 member states – including David Cameron – have been summoned to a meeting on Sunday billed as […]

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‘Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much money and went broke; the generous banks gave them money, but Greece still can’t pay the bills because it mismanaged the money that was given. It sounds quite reasonable, right? Except that it is a big […]

The post Greece: The One Biggest Lie You Are Being Told By The Media appeared first on David Icke.

‘Greek Prime Minister Alexis Tsipras is in Brussels for what could be a last chance to secure a rescue from European leaders and keep his country in the euro. After German Chancellor Angela Merkel said “time is running out” for Greece to come up with a plan, finance ministers gathered for talks with division remaining […]

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Beneath the endless twists and turns of Greece’s debt crisis lie fundamental asymmetries that doom the euro, the joint currency that has been the centerpiece of European unity since its introduction in 1999. The key imbalance is between export powerhouse

Beneath the endless twists and turns of Greece’s debt crisis lie fundamental asymmetries that doom the euro, the joint currency that has been the centerpiece of European unity since its introduction in 1999. The key imbalance is between export powerhouse

‘The crisis in the eurozone was set to escalate on Monday night after the Germans said they could not write off Greek debts without offering financial assistance to Ireland, Spain and Portugal. George Osborne, the Chancellor, on Monday urged Angela Merkel, the German chancellor, to consider backing down to ensure there was not a “disorderly […]

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‘The United States and Germany are prepared to engineer a coup in Greece to keep the country operating as a strategic asset on NATO’s vulnerable southeast European flank. “A putsch in Athens to save allied Greece from enemy Russia is in preparation by the US and Germany, with backing from the non-taxpayers of Greece – […]

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