It will probably happen in America too.


http://www.youtube.com/watch?v=ugBfSFiXHKU&feature=em-uploademail

when?

It could be soon.

But it could take a couple of years.

Being half Greek, I know there is no way the Greek public will accept the sale of Islands... there's a better chance of long term leasing of uninhabited islands for revenue stream.

It's important to note, back when the Euro crisis started, the Greeks blamed themselves... Then they blamed the government... Now, they're blaming the Germans... this is NOT good, 60+ years later they're saying the Germans are still at it and trying to take Greek assets... AGAIN!

It is time to flush that toilet and be done with the Euro for Greece... It is in the benefit of Germany & France to keep the Euro going...
Up until recently, booming economies that if were to revert back to a strong Deutsche Mark for Germany as example, would kill their exports overnight... possibly sending them into deep economic turmoil.

As long as Greece gets the bailout funds... they'll take it, knowing there's no way to pay it back... It will be up the Euro community to deny the bailout funds... And this is where it's going to get ugly.

The US isn't in any imminent danger of financial collapse, but the concept expoused by the video is valid.

Now let's see. Who will benefit from Greece's financial difficulties? That's an easy one to answer: the wealthy, much like Bain Capital benefits enormously from corporations in financial distress and, sometimes, from corporations that are financially healthy until Bain steps in.

The financial difficulties in the US can only be solved by the injection of money, money that's historically been provided by the federal government. In the past, miltary spending was an investment paid for with the spoils of war and the purchases made by middle-class Americans. Since the Viet Nam War, it no longer offers any payoff aside from military security.

The middle class has provided virtually all financial success, mostly though industry that's been bailing on empoyment of Americans for decades. The wealthy grow increasing wealthier while the rest of us suffer with low-paying jobs that don't provide enough income to buy the things that our corporations manufacure, let alone enough money to fund our retirement.

People who think the Republican party is on the right track are on the wrong track, themselves. It isn't. Their ideas will just lead to more grief for most Americans.

Oh I do wish you had some evidence to back up that claim.




Guess what? ICELAND LET THEIR BANKS FAIL, and they are taxing the rich.

They are just about the only country in the world who are doing really well and only have a 5% unemployment rate.

They (their government) refused to bail out the freaking banks



Realist News:

http://www.youtube.com/watch?v=-XLAkvibZ6Y&feature=em-uploademail

I hope they hang on to their real assets and tell the banks to go screw themselves.

this should be the easy part... they've been doing that for decades

You know, I was talking with my cousin just last week about this... He reminded me that Greeks can live off Figs, Olives and Tomatoes no worries.... Can the Germans?

I hope they give those banksters the slip. I hope they thrive.

Good.

For people as poor as me, I may not even notice much of a change in the economy unless the dollar becomes completely useless.

But the trends are saying that America will break ties with the Middle east, and stop buying oil from them.

America has their own oil and has had it for a long time. Oil for dollars will end... and the dollar will die.

Anyone holding paper (stock, bonds etc.)(even dollars) will loose their wealth.

Until the NWO issues a new currency (backed by gold and silver they say) it may be hard to buy groceries.