They went and did it. Kicked that can harder, hoping that “this time will do it”. (Direct link to article)
Think real hard about the meanings of the following points. Think, not about what the myths associated with these points (IE what the bankers believe will happen) but what the realities are when the backdraft hits the streets of Greece.
Point 1:Greece will undertake to reduce its debt to 120.5% of GDP by 2020
Imagine if you will, a class of people that have been handed, pretty much their entire existence through the hands of Government. Imagine if you will, that same group being told that they “have to pay it all back, with interest, NOW”. Then imagine how they will pay that back when the monetary system is based upon circular logic, not tangible goods.
Point 2: Private holders of Greek debt will take losses of 53.5% on the value of their bonds, with the real loss as much as 70%
Imagine you are one of those holding one of those instruments of debt. Being told that you are going to lose 70% of your holdings due to the persons in the first basis. The word that comes to my mind is “Animosity”. (and I am being quite conservative here)
Point 3: Greece’s economic management will be subjected to permanent monitoring by eurozone experts on the ground
Master and servant. We all know who the master is here. It AIN’T the people of Greece.
Point 4: Greece will amend its constitution to give priority to debt repayments over the funding of government services
They have to enact laws further enslaving them to the Banker Cartels, indefinitely. Imagine that same thread being ran through the halls of Congress in the District of Criminals. Just imagine that,,,,
Point 5: Greece will set up a special account, managed separately from its main budget, that must always contain enough money to service its debts for the coming three months
Hey, that sounds like LOGIC The only point being, that said logic is a few decades behind schedule. Seems that most preppers try to have ‘Something’ set aside for the ‘just in case’ issues and I can’t see any reason that this shouldn’t apply to GOVERNMENTS (which can’t exist without people!!!! Keep that in mind with our coming troubles and tribulations)
Now the question arises as to how this applies to us NOW. I say, we won’t feel anything from this for some time; Assuming that Greece does NOT default. (and when we do, it will be in the form of inflations like we have been seeing and feeling. Stand by for more ‘belt tightening). We haven’t seen the ‘collapse’ start YET. There is still a little room for error here, and they are quite aware that Greece may default yet. IF she does, it will start a domino effect that will be felt world wide. Here especially.
“But what about these Black Swans?” you ask? That is in the other arena that they are building. Iran/ME turmoil. I have covered that in the “beating the drums of war” posts recently. I can’t say I have some inside information, I don’t. I am merely speculating, using current events, past historical patterns, and the nature of greed as a basis of that speculation. I don’t think a one of us would argue that those in power now are anything, if not greedy.
So, keep your eyes open, the Swans are in flight, keep the sparklies out of your vision (they are going to start tossing out some serious sparklies soon) and try to finish what you can while the time is still on our side: It won’t be for much longer.
Rolling out with a song. A little Sass for my mood.







“Bad Moon Rising” was playing in my head as I read that. Looking more and more like Clif High’s March Meltdown will become reality. Lots of folks are going to lose a lot more than what they have already…
I may have to change my video link. Much better tune for that scenario.
Yeah, I didn’t stress the point about “PRIVATE” holders of those bonds. That means that the corporate banks get the full share, but the little guys get fucked.
Follow the money, find out who backed that fiasco in case of default (the reason that Germany finally decided to ‘allow’ it. )
I have a feeling we are going to have a bad March.
5-6th of March Bibi comes to the USA, March 7th Purim
March 8th the FBI takes down doman servers to get rid of a “virus”
I felt Oct. of last year was going to be bad so take it for what it’s worth.
I ‘m just moving up a couple of purchases and hoping I’ll be wrong again!
I agree, Would rather be looking at it then looking for it. Especially with what I see coming down the pike.
There are really only a couple of things I need to get and unfortunately (for me) My budget is completely tied up through March. I pray we are both (or should I say All of Us.) are wrong.
IF Israel hold off (which they should), they won’t go for more than 6 months. That’s late August or early September. This is the year for planting. It’s going to be a cold, cold winter.
Now, if Israel gets a ‘go’ from the USA, then we might be looking at August for sure. Maybe sooner. Should Greece continue to blow up, the Illuminati will see the need for a diversion sooner. Also, I don’t think that those European nations doing without Iranian oil will last that long. This is getting serious now, and we’re about to experience our last peaceful spring for a while.
That falls right in line with the other posts I linked to. The other ‘opening salvo’ will be our own elections here. I don’t think it really matters what way they go at this point, I think they are going to be a serious tipping point in our future.
And now Russia, that armpit of the world, is speaking up with little Put warning Israel not to strike. What’s Russia going to do? Declare suicide?
http://www.ynetnews.com/articles/0,7340,L-4193517,00.html
Of course that’s exactly what Obama wants!
More manuvers to appease the opposition or potential opposition.
I wonder how many times someone has to get kicked in the teeth before they figure out appeasement only pisses of the ‘appeased’.