Blog/Sovereign Debt Crisis

The Greek Referendum

Voting today began at 7 AM local time in Greece and will continue until 9 PM. The polls show a virtually even split. We are likely going to see civil war unfold in [...]

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A Letter to the FT From a 21-Year-Old Greek

The cold-hearted bastards who want to rule the world should just for once realize it is not all about them. This is part of letter to the FT. We are plagued by [...]

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Cyprus – Greece – Whose Next?

The Sovereign Debt Crisis began with Greece asking for help from the IMF to the day of pi from the peak in the ECM 2007.15. The EU then crushed Cyprus to see how [...]

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Merkel’s Amnesia: What Goes Around Does Not Always Come Around

Merkel is obsessed with the German hyperinflation (which leads to demands for austerity) and assumes that her personal promise that Greece will be made to pay back [...]

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Troika Maneuvering to Rig Greek Referendum

In a TV interview, Mr. Varoufakis said very clearly, “This is a very dark moment for Europe. They have closed our banks for the sole purpose of blackmailing [...]

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Letter from Tsipras to the Troika

Here is the Letter from Greece to the Troika The letter, written by Alexis Tsipras, is addressed to Jean Claude Juncker, Mario Draghi, and Christine Lagarde. [...]

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Greece Surrenders its Sovereignty to Brussels

The Syriza government is backing down after the realization that Brussels will declare economic war on Greece by deliberately trying to plunge the country into [...]

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World in Review: The Greek Tragedy Continues to Set the Tone

  The Greek drama of Greek Tragedy continues with a rumored agreement to continue the stimulus in return for promised reforms, only to have Greek Prime [...]

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Will Puerto Rico Be the Next Greece?

On Monday, Puerto Rico is set to release a key report on its financial stability. Governor Alejandro Garcia Padilla told The New York Times that the island would [...]

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Greek Parliament Approves July 5th Referendum

Greece’s parliament voted early Sunday in favor of Prime Minister Alexis Tsipras’ motion to hold a July 5th referendum on creditor proposals for reforms [...]

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