Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts

Thursday, July 27, 2017

Greece Arrests Russian "Mastermind" Behind $4 Billion Bitcoin Laundering Scheme

Despite it's alleged pseudo-anonymity and scarcity, THIS is why crypto currencies aren't quite the safe haven its most ardent supporters claim it to be. Yes, crypto-currencies are indeed currencies, but its inherent "virtual" nature makes it unsound money. Only tangible assets are real. Got gold?

http://www.zerohedge.com/news/2017-07-27/greece-arrests-russian-mastermind-behind-4-billion-bitcoin-laundering-scheme

Tuesday, May 12, 2015

Greece Effectively Defaults To IMF Using SDR Reserves To "Repay" Fund; 1 Month Countdown Begins

http://www.zerohedge.com/news/2015-05-12/greece-effectively-defaults-imf-using-sdr-reserves-repay-fund-1-month-countdown-begi

In sum: the IMF paid itself on behalf of Greece and will now be forced to pay itself back for paying itself later this month. Or, put differently, Greece has prepaid the IMF with IMF money it doesnt have.

Friday, April 10, 2015

Paul Craig Roberts – As Greece Pivots, Putin Unleashing Ultimate Move To Crush The EU And NATO

Roberts doesn't go further, but if the scenario he paints becomes true (he's been prescient up until now), then USDollar hegemony is toast, which would roil global capital markets.  Everybody suffers short-term, but the global debt overhang would be repudiated.  A necessary reset will have winners and losers.  May the most competitive nations win.

http://kingworldnews.com/paul-craig-roberts-as-greece-pivots-putin-unleashing-ultimate-move-to-crush-the-eu-and-nato/

Wednesday, April 1, 2015

Yanis Varoufakis: “Greece Will Adopt the Bitcoin If Eurogroup Doesn’t Give Us a Deal”

Global finance just went bizarre with Greece's Finance Minister planning to adopt Bitcoin.  But then again, negative interest rates on sovereign bonds aren't exactly standard protocol.  John Maynard Keynes is rolling over in his grave.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

Friday, March 20, 2015

Saturday, December 29, 2012

A Development In The Controversial 'Lagarde List' Case Is Causing An Uproar In Greece Today

This is what happens in class warfare.  As in the US, Greece's upper 1% is under attack.  This is further evidence that no one wins when the pie is shrinking, and the war between classes will intensify.  This includes wars between poor vs. rich, young vs. old, non-working vs. working, pensioners vs. taxpayers, takers vs. makers.

http://www.businessinsider.com/papaconstantinou-lagarde-list-allegation-2012-12