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By.MyDailyInformer
Dr Paul Craig Roberts: You know many of the Greek governments have been known for their corruption and it appears that much of the existing Greek sovereign debt was created by foreign banks coming to governments and saying, “Hey, – for example, this is an example. A German bank comes and says, “Wouldn’t you like to borrow a few billion Euros and then you can buy some German submarine in Germany. And by the way here’s a bagful of money for going along with the deal.” So a great deal of the loans never came into the Greek economy. The Greek government was there collecting the fee for indebting Greece so that for example German manufacturers could get orders. So that’s origin of a lot of this.
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That’s one way they got in trouble. Another way they got in trouble was by joining the E.U., by joining the Euro because any government that is a member of the Euro zone; you see the British are in E.U. but they’re not in the euro, they kept their own currency. They have their own central bank, so the British government can finance itself but not the governments that are dependent on the Euro because they can’t print Euros. They essentially don’t have a central bank and so they cannot finance themselves. So a country that can’t finance itself is not really sovereign. So these are the two ways they into the trouble. And of course they were helped in to the Euro by Goldman Sachs which came in and devised a scheme for the Greek government to hide the debt. They created I think some kind of derivatives that sort of hid the debt so that they met the requirements for joining in to the Euro. So Goldman Sachs played a hand in this as well. So that’s how it came about.
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Dr Paul Craig Roberts: Strange things are happening with gold prices . Demand for physical gold is extremely high but price of gold remains low . That can mean only one thing and that is gold market is rigged . US government is running out of physical gold and the day when house of cards will collapse is near .
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SOURCE : http://www.mydailyinformer.com/paul-craig-roberts-propaganda-is-leading-to-war/
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wut? it all started that the greek government did had too much debt to join the euro so they hid their debt with American banks
those people who voted to join that government also voted for all the other governments that keeps failing
The dominoes are falling and the end game is in sight, more here……
/global-unrest/2015/09/have-the-useless-thinkers-sealed-our-fate-2468834.html
Good Post!
wut?
Too much debt?
Look who’s talking….
This entire ponzi scheme is going on way too long…
EVERYTHING (The entire money supply) is based on debt
And when the “debt” created out of thin air cannot be “repayed” the American military forces run in to bring “Democracy…” Sounds more like demoCRAZY to me
One of the purposes of war is to destroy resources that the people require. Unfortunately, most do not understand this…are more focused on “who would do this” and keeping it all neatly wrapped in an unending question (i.e. abstraction). FYI: their sentiments on topic are not worth a valid opinion on another topic.
We are marching on like sheeple to the slaughter of the New World Order. Just blindly following our government and the world; not asking questions and relying on our cellphones; our iPods; our reality TV; our sports teams. Relying on EVERYTHING OTHER than the one who craves relationship with us…..
God created you to know him personally. Psalm 139:13-14 “You created every part of me and put me together in my mother’s womb.”
John 3:16 “For God so loved the world that he gave his only begotten Son so that whosoever would believe in him would not perish but have everlasting life.”
Jesus Christ is God’s only solution for our Sin.. For the wages of sin is death. He died in our place
Romans 5:8 “But God showed hsi great love for us by sending Christ to die for us while were still yet sinners.”
He rose from the dead:
1 Corinthians 15: 3-6 “Christ died for our sins.. he was buried, and he was raised from the dead on the third day…He was seen by Peter and then by the twelve apostles.. After that he was seen by more than five hundred”
Through Jesus alone we can know God personally and experience God’s love.
HE IS THE ONLY WAY TO GOD…
John 4: 6 “Jesus said to them, ‘ I am the way, the truth, and the life. No one comes to the Father except through me.”
We must believe in and receive Christ.
John 1:12 “to all who received him, he gave the right to become children of God. All they had to do was to trust and believe in Jesus to be saved.”
We receive Christ by FAITH
God promised eternal life to all who receive Christ
1 John 5: 12-13 “Whoever has God’s Son has life; whoever does not have His Son, does not have life. I have written this to you who believe in the Son of God so that you may know that you have eternal life
Well if all nations are in debt then who are we in debt too ?
I will tell you, it’s jewish owned banks, that’s who it is and they want us too kill each other when they pull the plug and try to make off like bandit’s
The UK is full of green fields and yet the price of building land is so high that people cannot afford to buy a home and when you do it’s the bankers that profit from money made out of thin air and this is why they bribe MP’s not to grant planning permission, to force prices up, loan amounts up.
Greece is a good example, they should had got out whilst they still could, too late now