Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Sunday, July 05, 2015
Forget 'Haircut', Instead Syriza Plans Beheading of Greek Bank Depositors, Theft of Deposits / Politics / Eurozone Debt Crisis
By: Nadeem_Walayat
Greeks voting YES or NO won't make any difference to what I see as a near certainty of the Greek banks NOT reopening Tuesday, and it is not just because the banks won't have the euro bank notes in their vaults, it's because they are ALL insolvent and have been so for the past 5 years where the only thing that had prevented a collapse of the Greek banking system was generous and I mean GENEROUS support from the Euro-zone's ECB central bank that has literally financed every withdrawal from the Greek banks for the past 5 years, right up until Syriza announced its baldrick-esk cunning plan for a Referendum. That's over Euro 120 billion Euro-zone tax payers funds paid into the Greek banks to finance ALL withdrawals that amounts to 50% of the original total Greek bank deposits.
Sunday, July 05, 2015
The Pentagon’s 2015 Strategy For Ruling the World Through Endless War / Politics / US Military
By: Mike_Whitney
On Wednesday, the Pentagon released its 2015 National Military Strategy, a 24-page blueprint for ruling the world through military force. While the language in the report is subtler and less incendiary than similar documents in the past, the determination to unilaterally pursue US interests through extreme violence remains the cornerstone of the new strategy. Readers will not find even a hint of remorse in the NMS for the vast destruction and loss of life the US caused in countries that posed not the slightest threat to US national security. Instead, the report reflects the steely resolve of its authors and elite constituents to continue the carnage and bloodletting until all potential rivals have been killed or eliminated and until such time that Washington feels confident that its control over the levers of global power cannot be challenged.
Sunday, July 05, 2015
Independence Day for Greece / Politics / Eurozone Debt Crisis
By: Raul_I_Meijer
I hardly ever go out in the morning, the first 7-8 hours of every single day are taken up by reading and writing. But today I did, to feel the mood in the city. Not sure I got it, though. Everything’s quiet. It may not help that I’m staying smack in the middle of the Acropolis tourist area (still haven’t figured out why 90% of them are American).
Sunday, July 05, 2015
United States Celebrates the Disastrous Secession From Great Britain / Politics / US Politics
By: Gary_North
Remnant Review
Lots of people celebrate July 4. I do not.
The Declaration of Independence justified armed secession. It was signed by a handful of lawyers on July 4, 1776. Secession was a way of transferring a great deal of power to colonial legislatures, where most of these lawyers were members. It was a way of replacing governors appointed by the King with governors elected by men of the colonies.
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Sunday, July 05, 2015
Why is Turkey Taking in so Many Syrian refugees? / Politics / Turkey
By: Atlantic_Perspective
The UN can´t stop praising the Turkish government for hosting around 2 million Syrians. The Turks have indeed been generous, more than any other country in the region. Actually, too generous. Why is Ankara so keen to help the Syrians fleeing into Turkey?
This “generosity” is actually not that generous. The Turkish government has strong reasons to want the Syrians in.
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Sunday, July 05, 2015
A Serious Case of Déjà vu / Politics / Credit Crisis 2015
By: Andy_Sutton
Everyone is going to have to cut me a little slack on the eve of the celebration of American independence. No, this isn’t about that video that came out a few days ago that demonstrated exactly how ignorant Americans are about the significance of tomorrow or how the accomplishment that day has been eroded over the past 2+ centuries by those eager to ‘re-create’ America in their own twisted image. This one is a companion piece to a series of ‘Two Cents’ articles that have been released over the past few years relating to the bail-in. I know, I know. He’s at it again. The Pessimist of Pennsylvania is going to go on another rant about those rotten banks and how they’re conspiring to rip everyone off.
Saturday, July 04, 2015
Will Greece Commit Suicide? Syriza Propaganda and Greek Mass Delusion / Politics / Eurozone Debt Crisis
By: Nadeem_Walayat
The countdown to Sunday's Greek gobbledygook question Referendum that few understand is resulting in ever increasing intensity of propaganda that flows from the game playing marxist Syria government that long since left reality behind as the lies of what the crisis is all about keep compounding so as to convince an increasingly delusional Greek electorate that they are the victims of an evil Troika when the truth is the exact opposite.
Firstly, the Greek crisis is NOT about debt! For if it were then Greece would have gone bankrupt 5 years ago!
Friday, July 03, 2015
The Troika Turns Europe Into A Warzone / Politics / Eurozone Debt Crisis
By: Raul_I_Meijer
So now they do it. Now the IMF comes out with a report that says Greece needs hefty debt restructuring.
Mind you, their numbers are still way off the mark, in the end it’s going to be easily double what they claim. Not even a Yanis Varoufakis haircut will do the trick.
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Friday, July 03, 2015
Xi’s Anti-Corruption Campaign Is Key to China’s Prospects / Politics / China
By: John_Mauldin
George Magnus is one of the most influential economists in the world today. From his position as chief economist at UBS for a number of years, he enjoyed a front-row seat to growth miracles, credit booms, and financial crises in major economies around the world and is widely credited with identifying the trigger points that eventually led to the global financial crisis in 2008.
Today, he works as an associate at Oxford University’s China Center, a senior economic adviser at UBS, and an independent economic consultant to governments and private investors who can afford his limited time.
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Friday, July 03, 2015
Greece Bank Run - “It Could Never Happen Here” / Politics / Credit Crisis 2015
By: Casey_Research
By Jared Dillian
I was watching the 6 o’clock news and saw images of closed banks in Greece and people lined up at ATMs. I’m sure you did, too.
This must seem surreal to most people because it seems so remote. But put yourself in these people’s shoes for a second. You have money in the bank. Suddenly you can’t get to it. After standing in long lines, you can only get 60 euros at a time, which isn’t going to last you very long.
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Friday, July 03, 2015
It Takes A Village - Avoid Hungry Dragons! / Politics / Social Issues
By: DeviantInvestor
This is a short story. It has a purpose. Bear with me.
A long time ago and far, far away there was a village that was occasionally raided by outlaws who took food, jewels, and women. The villagers were understandably angry but could do little to protect themselves.
One day a large and fearsome dragon landed in the village square. After negotiating with the Mayor, the dragon agreed to protect the village in return for food.
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Thursday, July 02, 2015
Varoufakis´ Game Theory Mistake, and Why he was Wrong / Politics / Eurozone Debt Crisis
By: Atlantic_Perspective
The Greek finance minister is supposed to be a master in the Game Theory. But like all other theories, the Game Theory is based on assumptions. And Varoufakis got his assumptions wrong. In this short article we explain why.
The whole Greek strategy has been based on the assumption that “if we default, Europe is screwed”. Is it? No.
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Thursday, July 02, 2015
Greece's Varoufakis: I will Resign if there's a 'Yes' Vote / Politics / Eurozone Debt Crisis
By: Bloomberg
Greek Finance Minister Yanis Varoufakis told Bloomberg Television's Guy Johnson that he'll quit if Greece votes to accept creditors' bailout proposals in Sunday's referendum.
Johnson directly asked him "If there's a yes vote come Monday night, you will not be Finance Minister" and Varaufakis responded: "I will not."
Varoufakis also said that he would "prefer to cut my arm off" than sign a deal that fails to restructure Greece's debt.
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Thursday, July 02, 2015
The Power of Ideas for the Fiat Age / Politics / Fiat Currency
By: Tom_Naysburn
In every aspect of daily life people are searching for the best arguments; where to buy the cheapest and best quality washing powder, or internet provider, or car insurance or gym membership or whatever. The list of possibilities is infinite. People also like to acquire the best arguments, covet them and use them for personal gain, mostly without the consent of the owner. This is merely human nature, as the desire for intelligence sets us apart from the animals. If you don't believe me just consider the billions spent worldwide by intelligence agencies of various countries to obtain the arguments that others do not have.
Thursday, July 02, 2015
Greece's Referendum / Politics / Eurozone Debt Crisis
By: Alasdair_Macleod
This coming Sunday Greece will hold its referendum. The question to be asked is not, as the foreign press initially reported it, about leaving the euro. It is about accepting or rejecting the troika's bail-out terms.
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Thursday, July 02, 2015
Greek Marxists vs. the IMF / Politics / Eurozone Debt Crisis
By: Steve_H_Hanke
With the failure of the Greek government to make a scheduled payment to the International Monetary Fund (IMF), we have moved from high drama to low farce. The Marxists who are running the show in Athens have scored a first: Greece is the first so-called advanced economy to miss an IMF payment in the Fund's 71-year history.
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Thursday, July 02, 2015
The Greek Stress Test & The Reality Of Incremental Changes / Politics / Eurozone Debt Crisis
By: Dan_Amerman
With the Greek banks closing, capital controls being imposed, and the unwillingness of the European Central Bank to expand its emergency liquidity assistance program - the stability of the global financial system is officially in play. Nothing is set in stone yet, but a looming Greek default and potential economic catastrophe in Greece is setting elements into motion on a global basis that have the ability to impact many things.
Wednesday, July 01, 2015
Greek Referendum on IMF Ultimatum / Politics / Eurozone Debt Crisis
By: BATR
This is a test. Will the internationalist banksters force extraction of their ill-gotten interest payments to bail out their reckless derivative trades gone wrong, or will a sovereign country abandon the chains of financial elite coercion and renounce their IMF and ECB debt? Make no mistake about it, Greece has lived high on the hog for decades and has serious internal problems. There is no free ride. However, the pain from the coming default is necessary to shed the yoke of a failed European Union construct.
Wednesday, July 01, 2015
Definitive Solution to the Greek Crisis / Politics / Eurozone Debt Crisis
By: Submissions
Atlantic Perspective writes: Most of the commentary on the Greek situation has focused on whether Greece should leave or stay in the Eurozone, and the dire consequences for Greece and the world´s financial markets should Greece default.
But has anyone come up with a credible solution? We believe we have one.
Before laying down the proposal, we need to check a few critical facts:
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Wednesday, July 01, 2015
Europe’s Controlled Demolition / Politics / Euro-Zone
By: Raul_I_Meijer
I have plenty to say on the topic of this essay. But the most important thing I think is that I know the EU is blowing up itself by trying to exert far too much influence on the very member nations that made its existence possible. Brussels is a blind city. To see it blowing itself to smithereens makes me very happy.
The flipside is that it will take a lot of pain, and probably even the very wars the EU was originally founded to prevent, to figuratively burn it to the ground. But that, if you’ll alow me, is for another day:
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