Debt Rattle February 10 2015
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Arthur Rothstein Scene along Bathgate Avenue in the Bronx Dec 1936 • Global Financial System Stands On The Brink Of Second Credit Crisis (Telegraph) •
[See the full post at: Debt Rattle February 10 2015]Brink? The new favorite word; which, by the way is meaningless. There is no brink; there is just the continuum of failure, via corruption, of the policies of the proletariat, by the criminal (gods be good; I hate that word) elites.
They’re not elites: A select group that is superior in terms of ability or qualities to the rest of a group or society. Oxford Dictionary
They are the new criminal class. Elites? No, the new definition of the lowest of the low. Even scum has a higher order of existence than the elites who are just common parasites…It’s Populism Time!
ZH has this 5 minute video of a Ukrainian town, where a military officer is up on some steps, announcing conscriptions, and a woman takes the mic, takes charge, and he stands respectfully still and quiet for 5 minutes as she clearly states the popular stance against giving up any more sons/husbands. Ukrainian conscripts are reporting for duty at an impressive rate of 6%.
https://www.zerohedge.com/news/2015-02-10/ukrainians-rage-against-military-draft-were-sick-war#comment-5767089
The EU oligarchs are desperate to cut out Greece, since they cannot negotiate a continuation of their parasitic status quo with Tsipras and Varoufakis. They cannot conceptualize a change of financial regime where they get something like 70% haircuts and lose control of the system.
Maybe the Fed can envision cutting them out, as per the Bernie Sanders plan. Maybe Russia and/or China can consider cutting them out.
If the Fed cuts them out, the financial regime stands. If Russia/China support Syriza, even the Fed, and the Empire are directly threatened.
Somebody will put a fat finger down to help this Greek straw break the camel’s back.
It’s that time in history. This beats WW-3, which is universally unpopular in Europe.
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