This Is Why The Euro Is Finished
http://www.zerohedge.com/news/2015-07-04/why-euro-finished
Greek Finance Minister Yanis Varoufakis denies FT report of bank haircuts, calling the report “malicious”
Will July 5th be Greece’s independence day?
http://redpilltimes.com/will-july-5th-be-greeces-independence-day/
Paul Craig Roberts: Sunday’s Vote Will Determine Liberty Or Serfdom
A Drone’s Eye View Of The Massive Numbers Behind The Greek “No” Vote
http://www.zerohedge.com/news/2015-07-04/drones-eye-view-massive-numbers-behind-greek-no-vote
Cash On A Greek Bank Account? *Poof* It’s Gone!
http://www.zerohedge.com/news/2015-07-04/cash-greek-bank-account-poof-it%E2%80%99s-gone
One Heretic, And Not-So-Simple, View On The Greek Referendum
http://www.zerohedge.com/news/2015-07-04/one-heretic-and-not-so-simple-view-greek-referendum
Athenian Democracy vs. Neoliberal Gods
http://www.zerohedge.com/news/2015-07-03/athenian-democracy-vs-neoliberal-gods
Will Greek Depositors Under €100,000 Be Spared In Case Of A “Bail-In”
With 6 Hours Until The Greek Vote, This Is Where We Stand
http://www.zerohedge.com/news/2015-07-04/6-hours-until-greek-vote-where-we-stand
The Greek Bluff In All Its Glory: Presenting The Grexit “Falling Dominoes”
Greece, China, & Russia – A Plan B For Tsipras
http://www.zerohedge.com/news/2015-07-04/greece-china-russia-%E2%80%93-plan-b-tsipras
A 21-Year-Old Greek Unloads: “I Am Terrified Of Tomorrow…It Feels Like An End”
Gogoratzekoa…
Gogora dezagun 2015eko ekainaren 23an idatzitakoa: Tsipras prest zegoen kapitulaziorako. Gero atzera jo zuen eta erreferendumaren alde egin.
Agian laster antzeko albistea errepikatu behar dugu… Halako zaharrak berri moduan.
Albistearen azpian dauden nire iruzkinek zutik diraute, inoiz baino argiago gainera!
Europako ezkerraren porrotaz, ikus Bill Mitchell-en When the left became lost – Part 11 eta Syriza must stay left of the line – more is at stake than Greece2.
Kapitulazioa3
Greece Capitulates: Tsipras Crosses “Red Line”, Will Accept Bailout Extension
Game is over. Finish. Akabo! Bukatu da!
Syriza erradikala ote?
Mesedez! Arren! Faborez!
Oharra europar ‘progresismo’ faltsuaz
Warren Mosler-ek dioena Greziako eskuin/ezker aferaz4, Bill Mitchell-ek ere salatu du Italian5:
“Politikoki ‘ezker’ aldeko jende batzuek ez zuten [eurogunetik] irteera hori onartu eta sisteman integrazioa bultzatu nahi zuten.
‘Argudioa’ zen irteera hori puntako ‘eskuinekoek’ nahi zutela.”
Antzeko europar ‘progresismo’ faltsua ikus daiteke hala Katalunian nola Euskal Herrian: etsenpluak eta ereduak nonahi!
3 Ikus https://www.unibertsitatea.net/blogak/heterodoxia/2015/06/23/infernuan-segitzea-ala-bertatik-irtetea-eta-2/.
4 Ikus https://www.unibertsitatea.net/blogak/heterodoxia/2015/06/22/infernuan-segitzea-ala-bertatik-irtetea-1.
5 Ikus Italiaz hitz bi (1): https://www.unibertsitatea.net/blogak/heterodoxia/2014/11/25/italiaz-hitz-bi-1/.
joseba says:
The five presidents of the Eurozone remain firmly in denial
http://bilbo.economicoutlook.net/blog/?p=31279
Completing Europe’s Economic and Monetary Union – (June 22, 2015), aka the Five Presidents’ report:
“… by 2025 when “all the steps are fully in place, a deep and genuine EMU would provide a stable and prosperous place for all citizens of the EU Member States that share the single currency.”
Mitchell:
“The Greek crisis, despite all the reactionary rubbish that is emerging about them being profligate, having too big a public sector, and having built up too much public debt as a consequence, is only all about them not having an independent currency and a floating exchange rate.”
joseba says:
Warren Mosler: Greece (Grezia, erreferendum aurretik)
http://moslereconomics.com/2015/07/05/greece-2/
“I saw nothing good coming out of a yes or no vote and I still see it that way.
(…)
The no vote along with the payment past due to the IMF give cause to the ECB to no longer consider Greek govt obligations as ‘eligible collateral’ for ECB loans, and maybe not count as assets for purposes of determining a bank’s equity capital. These measure could cause banks to not be able to attract euro deposits and loans, and therefore those banks would not allow their depositors to withdraw euros or transfer balances to other banks until the deposits could be replaced.
Varoufakis stated an agreement with the troika would be reached within 24 of a no vote. If so, since both what the Troika offered and what Greece countered with are negatives for the Greek economy the chances of any material improvement are not good.
For all practical purposes debt relief- the write down of Greek debt- does next to nothing positive for the Greek economy, since the existing debt is already long term and at very low interest rates.
The EU has a general problem of low aggregate demand and both the Troika’s and the Greek govt’s proposals are likely to further reduce public and private sector spending.
(…)
Unlike govt debt crises of the past which were about debt in foreign currencies, this time there won’t, for example, be any selling of euro to get the currency needed to make debt payments, as the debt is of course already in euro.”