From Jim Rickards Discusses Financial Warfare: by Tyler Durden Some critical insight from Rickards in terms of European geopolitics is the following: “People get so hung up on economics, and efficient markets, and all that which has been largely discredited at this point. But these are NATO allies. Greece controls the ceiling of the Eastern Mediterranean [...]
Posts Tagged ‘Greece’
If Europe is weak than so is NATO…
Posted in The Art of War, tagged Financial Warfare, Greece, NATO, Spain, Wall Street on May 22, 2010 | Leave a Comment »
Storm Cloud on the Event Horizon: The Final Upload
Posted in Financial Collapse?, Zoltar, tagged Apocalypse, black hole, event horizon, Greece, politics, Zoltar on April 28, 2010 | 1 Comment »
I must admit the whole European meltdown is happening much quicker than I, a staunch pessimist, would have thought. I guess we can chalk it up to markets being incapable of waiting. All the articles that I read about the crisis were suggesting that the $45 billion euro bailout package by the IMF and the [...]
Like a Greecy Pork and Cheese Sandwich Served Up in a Dirty Ashtray
Posted in What's a Grecian Urn?, tagged Apocalypse, Bailout, Bible, Conflagration, Greece, politics, Power on April 26, 2010 | 3 Comments »
The World is once again standing uncomfortably close to the edge of the abyss that was so narrowly avoided in 2008 when Lehman’s collapsed. If you don’t have vertigo..you are really not paying attention. No one knows for sure what will happen when (and it is when) Greece defaults. Will Portugal, Spain and Ireland follow? [...]
History doesn’t repeat itself – at best it sometimes rhymes. – MarkTwain
Posted in Bonfire of the Vanities, What's a Grecian Urn?, tagged 1930s, Depression, Greece, Mark Twain on April 23, 2010 | Leave a Comment »
Today at Naked Capitalism, Yves Smith compares the news that Greece is broke and needs a 45 billion euros bailout (60 billion U.S.) with the collapse of Creditanstalt, an Autsrian bank that collapsed in 1931 when markets thought a sustainable recovery was underway.. “The news about Greece’s bailout has me thinking a lot about Creditanstalt, [...]
