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7 facts and figures that show just how bad the Greek crisis is right now On Sunday, Greeks made it clear that they reject austerity. Thousands flooded Athens’ Syntagma Square to celebrate the results of the weekend’s referendum. They were waving the national flag, hugging strangers, taking selfies, and lighting flares like Greece had just […]
The post 7 facts and figures that show just how bad the Greek crisis is right now appeared first on WIBR/WARN Ministry.
The current estimate is that Greece needs a bailout of around $370 billion. No one wants to know, meanwhile have a look at these bailouts and the banks that had no problem getting them from tax payers like you and me.
City group – $2.513 trillion
Morgan Stanley – $2.041 trillion
Merrill Lynch – $1.049 trillion
Bank of America – $1.344 trillion
Barclays PLC – $868 billion
Bear Sterns – $953 billion
Goldman Sachs – $814 billion
Royal Bank of Scotland – $541 billion
JP Morgan Chase – $391 billion
Deutsche Bank – $354 billion
UBS – $287 billion
There are many others bailed out in such a way via tax payer money. To summerise the Greek issue:
Rich people cause crisis.
Rich people demand bail out from causing crisis.
Rich people do better than ever before.
Rich people demand austerity (a fancy word for cutting essential services for non-rich people) to bail out the rich people.
Rich people are angry because poor people still think they have a right to eat. Poor people aren’t doing austerity right.
Rich people blame poor people for crisis.
Rich people demand poor people stop doing whatever it is peasants do when they’re not giving everything they own to rich people, to spend more time giving more stuff to rich people.
Poor people vote “no, go screw yourselves”.
You’re welcome.