We are at the stage of complete moronism because government cannot see that it is the entire Marxist-Keynesian centralized control that is collapsing. Greece will need new bailout, says Germany’s Schaeuble. They fail to grasp that the system need to be revised from the ground up. After the downturn begins 2015.75, then perhaps we will see major political unrest when the governments seize bank accounts of more than 100,000 euros. They see only rich bastards rather than small business and if you seize that to cover bankers trading losses again, then how does business pay employees? They will NOT outlaw proprietary trading by banks. They allow them to trade with other people’s money sharing no profits – only the losses. This is why we CANNOT deal with professional politicians. They are for sale always to the highest bidder and/or are so detached from the people they see them as the great unwashed.
Greece Will Need Another Bailout
Posted Aug 21, 2013 by Martin Armstrong |
Categories:
Uncategorized
Blog Alerts
Related posts
Former CDC Director Claims COVID Originated in the USA
November 22, 2024
Justice for Laken Riley
November 21, 2024
Market Talk – November 20, 2024
November 20, 2024
Pentagon Missing $824 Billion
November 20, 2024
Bernie Wants to Collaborate with Trump?
November 20, 2024
Blog Categories
- Armstrong Economics 101
- Armstrong in the Media
- Behavioral Economics
- Books
- Forecasts
- Great Divide
- History
- Hong Kong
- Humor
- Immigration
- International News
- Africa
- Australia & Oceania
- BigTech
- BRITAIN
- Canada
- Caribbean
- Censorship
- Central America
- China
- Collectibles
- Crime
- Democracy Crisis
- Disease
- East Asia
- Eastern Europe
- Emerging Markets
- Entertainment
- Ethics
- European Union
- France
- Germany
- Great Reset
- Greece
- HongKong
- Hungary
- India
- Insurance
- Iran
- Ireland
- Israel
- Italy
- Japan
- Latin America
- Lock Down
- Lockdaown
- Media
- medicine
- Mexico
- Middle East
- Migraction
- Migration
- Nature
- North America
- North Korea
- Poland
- Police
- Politics
- Revolution
- Rule of Law
- Russia
- Scandinavia
- Science
- South America
- South Asia
- Southeast Asia
- SPAIN
- Switzerland
- Taiwan
- Thailand
- Turkey
- Ukraine
- Vaccine
- Western Europe
- Market Talk
- Markets by Sector
- Plagues
- Products and Services
- Q&A
- Real Estate
- Uncategorized
- Upcoming Events
- webinars
- World Events
- Banking Crisis
- Bio Technology
- BRICS
- Capital Flow
- CENSORSHIP
- Central Banks
- Civil Unrest
- Civilization
- Climate
- Conspiracy
- Correction
- Corruption
- Cryptocurrency
- Education
- Freedom of Speech
- G7
- Geopolitical
- Gov't Incompetence
- Human Rights
- IMF
- Immigratin
- Immigration
- Interest Rates
- Monetary Reform
- NATO
- Neocons
- New Norm
- Pension Crisis
- Police State
- Population
- Press
- Private Money
- Propaganda
- Religion
- Separatists
- Sovereign Debt Crisis
- Student Debt
- Technology
- Terrorism
- The Hunt for Taxes
- Traders
- Tyranny
- United Nations
- Violence
- War
- WEF
- WOKE
- World Health Organization
- World Trade