Because he, along with Peter Schiff and Marc Faber have been telling us these things were going to happen for years now and no one takes them seriously.
@Mikahopea I wouldn't look at it as 'the end of Greece' I'd say they have a better chance of recovery outside the EU, they're forced in an economic prison and it will not work. Outside they can at least start over.
@JanRichardus and those bums will never and should never be lent any money by anyone ever again. Let them pay for their massive and generous welfare state by paying taxes like everybody else
The mainstream media wants us to believe that the whole world financial system is hanging on Greece's financial destiny. Dead wrong!!! They are scared to death that if Greece goes down to the toilette all the big "zombie" banks at both sides of the Atlantic will follow.
Why the hell should people have to give up things just because the banks have gamed all the money? Why the hell should 8, 10 or 12 year old boys and girls have to faint in schools in Greece just because Goldman Sachs and German and France banks are in trouble? Of course people oppose austerity measures. My God in heaven what I look forward to the day I hear the Euro and the EU has collapsed! This monster - together with the banksters - has to vanish from the face of the earth. To hell with EU!
@robert4you Greece is broke because they spend too much. That is all. They have to give things up because they have spent too much in the past and are now broke. Simple.It does not matter who holds their debt. They need to live within their means. Just like the US. It is not politically popular because people childishly love handouts.
@pismo10 The banksters and the politicians caused this whole mess, and now they are putting the burden on the shoulders of the people. It is not acceptable that children in Greece are starving because of severe auesterity measures. I do not think children should be the ones who pay for all this, or poor seniors and people without work. Greece is broke because of corrupt politicians and greedy bankers. THEY handed out cheap money, so that banks like Goldman S. later could exploit the nation.
@robert4you Yes, the politicians buy themselves endless re-election by handing out the endless handouts and welfare and the people suck it up as fast as they can. It is clearly an unsustainable system and everyone is to blame.
@pismo10 Exactly. We desperately need other politicians, another economic system and a totally reformed banking system - especially the central banks cause a lot of harm.
@robert4you so you're saying now that the Greeks have been presented with the bill for lunch they thought was free, they should refuse to make any contribution to their fund their lifestyle? If Greece does default how would they fund their expenditures?
@jpkm123 I do not think it is a question IF the Greece will default, I think it is inevitable. Do you actually think that ALL Greeks drive BMWs and Porsches? And live a life in luxury? My point is: Why are austerity measures ALWAYS hitting the poor, the children, the seniors and those who are disenfranchised? Of course the people must adjust. But there is always talk of lowering minimum wages, pensions and so on, why not lowering maximum wages for bankers, politicians, EU members...?
@robert4you No but I think a situation where the average government job pays a multiple of private sectoir job, a situation where tax evasion and bribery is widespread at all levels of society where many professions are defined as "onerous" so allowing people to retire in their early 50's on more generous pensions than those of many of the states the Greeks expect to continue funding them is wholly and completely unsustainable. Greece will default and then they'll have to fund themselves.
Greece should abandon the euro, or the euro should abandon the Greeks.
Either way Greece will be back on it's feet in a couple of years or so. American owned media will then turn it's attention on Portugal, Spain or Italy. Doesn't matter which country so long as it isn't USA
Jim looks bored.
Airmanf7 1 month ago
@Airmanf7
Because he, along with Peter Schiff and Marc Faber have been telling us these things were going to happen for years now and no one takes them seriously.
DowellForPASenate 1 month ago 2
This has been flagged as spam show
The US is even worse but we have a printing press so we can hide our problems for years..
pismo10 1 month ago
The Greek's got it right. Fuck the TBTF banksters!
JanRichardus 1 month ago
Europe is going to boom eventually due to this. Years away though...
pismo10 1 month ago
Time to kick greece out of euro. It will be end of greece, but hope they learn something.
Mikahopea 1 month ago
@Mikahopea I wouldn't look at it as 'the end of Greece' I'd say they have a better chance of recovery outside the EU, they're forced in an economic prison and it will not work. Outside they can at least start over.
TWSceptic 1 month ago
@Mikahopea AGREE, they should leave the Euro zone now and FUCK the criminal banksters.
JanRichardus 1 month ago
@JanRichardus and those bums will never and should never be lent any money by anyone ever again. Let them pay for their massive and generous welfare state by paying taxes like everybody else
jpkm123 1 month ago
The mainstream media wants us to believe that the whole world financial system is hanging on Greece's financial destiny. Dead wrong!!! They are scared to death that if Greece goes down to the toilette all the big "zombie" banks at both sides of the Atlantic will follow.
edcugata 1 month ago
Why the hell should people have to give up things just because the banks have gamed all the money? Why the hell should 8, 10 or 12 year old boys and girls have to faint in schools in Greece just because Goldman Sachs and German and France banks are in trouble? Of course people oppose austerity measures. My God in heaven what I look forward to the day I hear the Euro and the EU has collapsed! This monster - together with the banksters - has to vanish from the face of the earth. To hell with EU!
robert4you 1 month ago
@robert4you Greece is broke because they spend too much. That is all. They have to give things up because they have spent too much in the past and are now broke. Simple.It does not matter who holds their debt. They need to live within their means. Just like the US. It is not politically popular because people childishly love handouts.
pismo10 1 month ago
@pismo10 The banksters and the politicians caused this whole mess, and now they are putting the burden on the shoulders of the people. It is not acceptable that children in Greece are starving because of severe auesterity measures. I do not think children should be the ones who pay for all this, or poor seniors and people without work. Greece is broke because of corrupt politicians and greedy bankers. THEY handed out cheap money, so that banks like Goldman S. later could exploit the nation.
robert4you 1 month ago
@robert4you Yes, the politicians buy themselves endless re-election by handing out the endless handouts and welfare and the people suck it up as fast as they can. It is clearly an unsustainable system and everyone is to blame.
pismo10 1 month ago
@pismo10 Exactly. We desperately need other politicians, another economic system and a totally reformed banking system - especially the central banks cause a lot of harm.
robert4you 1 month ago
@robert4you so you're saying now that the Greeks have been presented with the bill for lunch they thought was free, they should refuse to make any contribution to their fund their lifestyle? If Greece does default how would they fund their expenditures?
jpkm123 1 month ago
@jpkm123 I do not think it is a question IF the Greece will default, I think it is inevitable. Do you actually think that ALL Greeks drive BMWs and Porsches? And live a life in luxury? My point is: Why are austerity measures ALWAYS hitting the poor, the children, the seniors and those who are disenfranchised? Of course the people must adjust. But there is always talk of lowering minimum wages, pensions and so on, why not lowering maximum wages for bankers, politicians, EU members...?
robert4you 1 month ago
@robert4you EU parliamentarian...
robert4you 1 month ago
@robert4you No but I think a situation where the average government job pays a multiple of private sectoir job, a situation where tax evasion and bribery is widespread at all levels of society where many professions are defined as "onerous" so allowing people to retire in their early 50's on more generous pensions than those of many of the states the Greeks expect to continue funding them is wholly and completely unsustainable. Greece will default and then they'll have to fund themselves.
jpkm123 1 month ago
Greece should abandon the euro, or the euro should abandon the Greeks.
Either way Greece will be back on it's feet in a couple of years or so. American owned media will then turn it's attention on Portugal, Spain or Italy. Doesn't matter which country so long as it isn't USA
albie071 1 month ago
I was hoping to see Marc Faber.
idahosilverspelunker 1 month ago
I open up your vids as soon as they come out. You are the one to listen to!
idahosilverspelunker 1 month ago