Skip to content

Tag: Troika

Greece & Its Banks

Any hope that Greece will now negotiate with its creditors should help to hold the euro for now. But keep in mind that Brussels has still not changed its mind or...

The Lesson for the World Coming from Greece

PHOTO: Distraught 77-year-old Greek retiree, Giorgos Chatzifotiadis, falls to the ground outside of a bank in Thessaloniki, July 3, 2015. (AFP: Sakis Mitrolidis)...

Who Prints Euro Notes?

QUESTION: Mr. Armstrong Who prints euro notes? Could Greece just flood the market is euro banknotes? Thanks you for your guidance PK REPLY: Legally, both the...

ECB & Troika Retaliate Against Greek People

Some readers sent in comments that my use of the phrase “World War III by economic means using the pen” was harsh, so let me state this very clearly. Brussels...

The Generational Divide in Greek Referendum

We find the same situation in Greece that we saw in Scotland. The vote is divided by generation. The youth hate the Troika and want to leave Europe for they see no...

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...

EU Openly Wants to Overthrow the Greek Government

The Deutsche Wirtschafts Nachrichten is reporting that the head of the EU and Merkel are now openly calling for the overthrow of the Greek government. It is their...

IMF Numbers Warn the Troika Has Destroyed the Greek Economy

The IMF on Thursday issued its own analysis on the Greek economy. The new debt forecast numbers have been raised in recent months and while the IMF analysis is...

The Fallacy of Trying to Fight the Troika in Their Own Courts

Greece now threatens to appeal the abuse of the Troika by taking court action to block a Grexit, or really a Greek expulsion or takeover of Greece by the...