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
Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts
Thursday, July 27, 2017
Saturday, April 2, 2016
Thursday, July 30, 2015
Monday, July 13, 2015
Wednesday, July 8, 2015
Friday, July 3, 2015
Monday, June 15, 2015
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.
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.
Labels:
Begins,
Effectively Defaults,
Fund; Month Countdown,
Greece,
IMF,
Repay,
SDR Reserves
Wednesday, April 22, 2015
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/
http://kingworldnews.com/paul-craig-roberts-as-greece-pivots-putin-unleashing-ultimate-move-to-crush-the-eu-and-nato/
Labels:
crush,
EU,
Greece,
NATO,
Paul Craig Roberts,
Pivots,
Putin,
Ultimate Move,
Unleashing
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/
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
Shocking Austerity: Greece’s Poor Lost 86% Of Income, But Rich Only 17-20%
Greece needs to exit the EU. They are starving their people. The transition won't be smooth, but it's better longer-term.
http://www.zerohedge.com/news/2015-03-20/shocking-austerity-greece%E2%80%99s-poor-lost-86-income-rich-only-17-20
http://www.zerohedge.com/news/2015-03-20/shocking-austerity-greece%E2%80%99s-poor-lost-86-income-rich-only-17-20
Wednesday, February 18, 2015
Friday, February 6, 2015
Saturday, August 16, 2014
Monday, May 27, 2013
Wednesday, May 22, 2013
Monday, February 4, 2013
Greek seamen, farmers protest against government cuts
Greece is about to enter complete chaos.
http://www.reuters.com/article/2013/02/03/us-greece-strike-idUSBRE91207O20130203
http://www.reuters.com/article/2013/02/03/us-greece-strike-idUSBRE91207O20130203
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
http://www.businessinsider.com/papaconstantinou-lagarde-list-allegation-2012-12
Labels:
Greece,
Lagarde list
Tuesday, December 11, 2012
Presenting The Fund-tastic Four: Ireland, Greece, Spain And... The U.S.
The race to debase: the currency war is on like donkey kong.
http://www.zerohedge.com/news/2012-12-10/presenting-fund-tastic-four-ireland-greece-spain-and-us
http://www.zerohedge.com/news/2012-12-10/presenting-fund-tastic-four-ireland-greece-spain-and-us
Labels:
currency war,
Greece,
Ireland,
Spain,
US
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