Debt Rattle March 20 2015
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John M. Fox Midtown Dealers Corp. and Hudson showroom, Broadway at W. 62nd Street, NY 1947 • This Chart Says Euro Could Plunge Another 30% (CNBC) • Br
[See the full post at: Debt Rattle March 20 2015]“So let’s get this straight. The Troika does not have enough money to roll over Greek debt …But the Troika does have enough money to adequately perform damage control…”
This needs to be looked at very, very closely. And I’ll add one: the IMF has billions to support on Ukraine–illegal in 3 ways: juntas, debt levels, and war funding–yet $200M to keep Greek doctors and architects from whoring themselves on the streets of Athens is CraaaayZeee.
All you need to know to dispense with every official explanation completely discredit everyone involved, and start talking about the real motives and objectives.
Maybe we can start here: “You can’t govern a democracy when one-quarter of revenues are preempted for debt service.” Word.
So let’s see: $1.4B for a trophy office building. Check. Billions for an army to surround and protect that building. Check. $17.5B for war in Central Europe. Check. $0.2B to keep Western Europeans from dying of poverty? Where are your priorities?
re: “A recent study found that Arctic sea ice had thinned by 65% between 1975 and 2012.”
Of course, there was a partial bounce back the following year:
“Satellite data shows that Arctic sea ice was 50 per cent thicker in Autumn 2013 than it was in Autumn 2012, according to the US National Snow and Ice Data Center (NSIDC).”
The Antarctic is following a very different script:
“NASA Announces New Record Growth Of Antarctic Sea Ice Extent”
NASA Announces New Record Growth Of Antarctic Sea Ice Extent
It seems that Arctic ice has stopped declining, but that of the Antarctic is still increasing. I suspect these things are cyclical and that the sun has more responsibility for what is going on than it gets credit for.
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