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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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Greece Imposes Capital Controls

Alexis Tsipras has imposed capital controls as Greek banks are to remain closed. The European Central Bank (ECB) said it was not increasing emergency funding to [...]

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Clarifying the Euro

It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term. [...]

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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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EU Finance Ministers Change Their Minds Because of a Greek Referendum

The EU Finance Ministers have been lying to the public for so long that they believe their own propaganda. The German press has called them for what they are [...]

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Greek Bank Run Begins

The BBC is reporting that the Greece debt crisis is now leading to a Greek bank run as people clamor to hoard cash in the face of the Eurozone refusing any bailout [...]

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Greece Wakes Up – It is About Democracy

The Eurozone, or Euroland, is now getting ready to deal with a Greek debt default next week after refusing to extend credit following Prime Minister Alexis [...]

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The Greek Proposal: No End to the Crisis by Any Means

The Greek proposals included higher taxes, welfare charges, and steps to curtail early retirement. This is simply more deflationary pressure that will crack Greece [...]

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Monday’s EU Summit & Troika’s Misguided View of Greece

The summit held Monday of the new superheroes, known as the Euro-Rescuers, are lost in the canyons of their own minds for they do not comprehend how the economy [...]

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Greece – a Reversal of Fortune on the Horizon?

Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany’s [...]

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