Nov 28


If You Want To Survive The Coming Greatest Financial Collapse In World History: Bosnia War Survivor: ‘One year in Hell …’ – ’35 Excuses That Will Doom The Non-Prepper’

“Money soon became worthless. We returned to an exchange. For a tin can of tushonka (think Soviet spam), you could have a woman. (It is hard to speak of it, but it is true.) Most of the women who sold themselves were desperate mothers.”

Meanwhile In Greece, The Price Of A Prostitute Drops To €4 Per Hour:

By Keep Talking Greece

Six years of crippling financial crisis have sent Greek students to the streets. However, not for anti-austerity protests but for sex. They allegedly sell it very cheap,”  for the price of “a cheese pie or a sandwich,”  thus “offering the lowest prices of the industry across the Continent.”

Some women just do it for a cheese pie or a sandwich they need to eat because they are hungry,” Gregory Lazos, professor of sociology at Panteion University in Athens told The Times and spoke about the results of a study he conducted.

prostitute greece

Lazos conducted the study among 400 women working on the streets. The study has lasted 3 years. Many of these women were students.

They sell sex for a piece of bread – so to say – “in order to eat or cover basic needs and extra expenses as they have no money,” The Times and Lazos on The Times claim.

“80% of prostitutes in Greece are Greek women aged 17 to 20”.

The price for sex has dramatically decreased from €50 euro for 60 minutes down to “€2 for half an hour. Continue reading »

Tags: , , , , , , , ,

Nov 21

Greek Coast Guard intercepts aid container full of weapons, firearms, possibly intended for Muslim refugees:

Greek authorities seize undocumented cache of weapons and supplies

SOUTHERN ISLE OF CRETE, GREECE (INTELLIHUB) — A large vessel with a crew of 7, containing various supplies, weapons, and firearms, possibly in an effort to aid Muslim refugees, was intercepted by Greek authorities. However according to Reuters the ship was bound for Libya and may have no connection to refugee aid.

The vessel “Haddad 1″ was intercepted by the Coast Guard on Aug. 29 after making its way from Turkey.

The ship was reported to have been loaded with numerous undocumented arms and supplies.

As of yet it’s unknown if the weapons were supplied by the CIA backed group ISIS. Continue reading »

Tags: , , , , , , ,

Nov 18


Meanwhile In Greece… Farmers Throw Oranges, Police Toss Teargas Grenades:

In the first major protest by farmers in several years, bus-loads of men and women arrived from across Greece to protest the looming over-taxation and social security changes exclaiming that these government-enforced, Quadriga-mandated changes will affect the country’s primary production and crash those who sole income comes from farming, breeding and fishing. The infamous Syntagma Square saw oranges and water bottles met with police tear gas and sound cannons as European social tension continues to roil…

Via KeepTalkingGreece,

eering, tear gas, sound flares, water bottles and oranges were the highlights of the farmers’ protest outside the Greek Parliament at Syntagma Square on Wednesday. More than 3,500 farmers, breeders and fishermen from all over Greece had gathered in Athens to protest taxation and social security reforms in their sector. Continue reading »

Tags: , , , , , ,

Nov 12


“Social Explosion” Begins In Greece As Massive Street Protests Bring Economy To A Fresh Halt:

One thing that became abundantly clear after Alexis Tsipras sold out the Greek referendum “no” back in the summer after a weekend of “mental waterboarding” in Brussels was that the public’s perception of the once “revolutionary” leader would never be the same. And make no mistake, that’s exactly what Berlin, Brussels, and the IMF wanted.

By turning the screws on the Greek banking sector and bringing the country to the brink of ruin, the troika indicated its willingness to “punish” recalcitrant politicians who pursue anti-austerity policies. On the one hand, countries have an obligation to pay back what they owe, but on the other, the subversion of the democratic process by using the purse string to effect political change is a rather disconcerting phenomenon and we expect we’ll see it again with regard to the Socialists in Portugal.  Continue reading »

Tags: , , , , , , ,

Nov 08

“Everyone wins… except the Greek people of course, but they lost long ago.”

evros fence

Greece May Open Border Fence With Turkey, Accept Refugees In Exchange For Release Of Bailout Cash:

As part of its third bailout from this summer when the party that was elected on an anti-austerity, “no more debt” platform caved to Europe’s every demand (under the threat of deposit confiscation and bank failure) and promised to unleash even more “austerity”, while raising Greek debt to 200% of GDP over the next few years, Athens was supposed to get its first €2 billion installment of the first €26 billion tranche for discretionary spending purposes sometime around now.

Unfortunately, it isn’t, if only for the time being, for the simple reason that – surprise – it hasn’t implemented most of the reforms demanded under the terms of the Third bailout agreement. Continue reading »

Tags: , , , , , , ,

Nov 05

2.1 Million Greeks Face Blackout As Public Power Company Unpaid Bills Soars:

Greece’s Public Power Company is angry. The amount of unpaid bills by its customers has reached the astronomic EUR 2.5 billion. The PPC is so angry that it plans to cut the power to those without outstanding debts as soon as possible – a whopping 2.1 million Greeks face darkness.

As KeepTakingGreece reports, many Greeks cannot afford to pay the bi-monthly bill mostly because the amount to be paid doubles due to added extra fees like emissions, green-whatever, municipality fees, state tv fees,  etc. Continue reading »

Tags: , , , , ,

Nov 05

Video and photos here:

Caught On Tape: Neo-Nazis Maul Greek Politician In Front Of Parliament

Tags: , , , , ,

Oct 17

After 6 Years Of Austerity, 36% Of Greeks In Poverty:

Thousands of austerity measures, dramatic cuts in incomes, incredible hikes in taxes. Five and a half years in deep recession. Three bailout agreements. And where do Greeks stand now? On top of the Eurozone when it comes to poverty. More than one out of three Greeks, that is “36% of the Greek population is at risk of poverty and social exclusion,” the EUROSTAT found out – the highest rate within the Euro Zone.

Tags: , , , , , ,

Oct 12

Greek Cash Ban Escalates: ‘Permanent’ Stricter “Capital Controls” On 3 Million Pensioners, Civil Servants Imposed:

In a stunning move towards the elites’ endgame of ‘banning cash’, Greek authorities unveiled stricter capital controls for civil servants and pensioners this weekend. By drastically limiting cash withdrawals and forcing the more ‘controllable’ compulsory use of plastic money, Greek authorities hope to stop tax evasion through the use of ‘fake cash registers’.

As reports,

A shock-measure: civil servants and pensioners will be subject to stricter capital controls than the rest of the Greeks. They will be able to withdraw only €150 per week – with the cash withdrawal cap being €420 per week – that is a total of €600 per month. The rest of their wage or pension they will have to spend by using debit or credit card. Continue reading »

Tags: , , , , , ,

Oct 04

World’s Largest Shipowners To Abandon Greece Ahead Of Major Tax Hike:

Once again the reactions of desperate government policies looks like creating an even worse situation thanks to unintended (though entirely foreseeable) consequences. Amid the prospect of sharply higher shipping taxes in Greece – designed to increase revenues and ‘fix’ the debt-ridden nation, WSJ reports many of Greece’s world-leading shipowners are actively exploring options to leave their home country. With Greece controlling 20% of the world’s shipping fleet, the ‘quadriga’ of Greek creditors’ demands to raise taxes (because debt restructuring is out of the question) on such an ‘easy target’ as the world’s largest shipping industry appears likely to backfire as an entire industry’s revenues move out of reach of government taxers.

Tags: , , , , ,

Sep 23

Northern Ireland Bans GM Crops to Keep Clean and Green Image:

Northern Ireland has joined Scotland, France, Greece and Latvia in announcing a full ban on GM crops under the new EU opt-out regulations. Environment Minister, Mark H Durkan announced Monday that he is prohibiting the cultivation of genetically modified (GM) crops in Northern Ireland.

Tags: , , , , , , , , , ,

Sep 21

Battered Greek banks to flout Brussels new ‘bail-in’ rules

Tags: , , , , , , , ,

Sep 20

Greece Votes: Syriza Wins But Neo-Nazis Top Among The Unemployed

Update: New Democracy concedes to Syriza, following elections where following a 45% abstention rate, Tsipras is set to hold 145 seats in parliament.

Three months ago, when Greece held a dramatic referendum on the conditions of the country’s third bailout program, the world couldn’t get enough. Whether right or wrong, investors had come to believe that the fate of the financial universe hinged on the outcome of Greece’s fraught negotiations with creditors and despite the fact that the financial fallout from a potential Grexit had long since been thrust onto the shoulders of EMU taxpayers and away from the private sector, the market came to believe that a black swan event was just around the corner.

Fast forward to Sunday and Greeks are going to the polls again, only this time, no one seems to care. For those interested, we’ve included the full election preview below, but essentially what it comes down to is this:  Continue reading »

Tags: , , , , ,

Sep 08


War Drums Beating: Bulgaria Blocks Russian Access To Its Airspace For Syria Flights (ZeroHedge, Sep 8, 2015):

On Monday we flagged a notable escalation in the build up to the geopolitical “main event” in Syria where, thanks largely to the West’s ambition to break Gazprom’s leverage over Europe, the US and Russia are one “accidental” run-in away from taking the “proxy” out of the term “proxy war.”

With the Kremlin now ramping up its military presence around the Assad stronghold of Latakia, the US is scrambling to do anything and everything in its power to slow the Russian build up – including putting pressure on Greece to deny Russia the use of its airspace for supply flights to Syria. Continue reading »

Tags: , , , , , , ,

Sep 07

In Major Escalation, Washington Demands Greece Blocks Its Airspace For Russian Flights To Syria (ZeroHedge, Sep 7, 2015):

Last week, when reporting that at least according to the White House,Russian presence in Syria is no longer disputed, we said that regardless if Russian troops are indeed on the Syrian ground, this admission that the current Syrian state of play “effectively ends the second “foreplay” phase of the Syrian proxy war (the first one took place in the summer of 2013 when in a repeat situation, Russia was supporting Assad only the escalations took place in the naval theater with both Russian and US cruisers within kilometers of each other off the Syrian coast), which means the violent escalation phase is next. It also means that Assad was within days of losing control fighting a multi-front war with enemies supported by the US, Turkey and Saudi Arabia, and Putin had no choice but to intervene or else risk losing Gazprom’s influence over Europe to the infamous Qatari gas pipeline which is what this whole 3 years war is all about.”

Moments ago, following ever louder hints – if still unconfirmed by the Kremlin – that Russian forces are either en route to Syria or already there (Russian soldier’s VK post stating troops are in Syria, intercepted communication from a Russian An-124 military cargo plane en route to Latakia, Russian Roll-on/roll-off ship allegedly carrying military equipment to Syria), the US made a dramatic diplomatic escalation ahead of what is now assured to be the second major showdown between the US and Russia in Syria, over a Qatari gas pipeline no less, when according to Reuters, it asked Greece to deny Russia the use of its airspace for supply flights to Syria, a Greek official said on Monday, after Washington told Moscow it was deeply concerned by reports of a Russian military build up in Syria. Continue reading »

Tags: , , , , , , , , ,

Sep 02

Latvia and Greece Start Green Wave of GM Crop Bans across Europe

Tags: , , , , , ,

Aug 27

Former Greek FinMin Varoufakis Launches Pan-European Anti-Austerity Political Party (ZeroHedge, Aug 27, 2015):

Tags: , , , , , ,

Aug 26


“Greece’s state insurance funds are resorting to external loans to cover their needs as fears grow that the measures of the third bailout will not be enough to cover the rest of 2015’s liquidity needs.”

Meanwhile In Greece, Pension Funds Tap Emergency Loans (ZeroHedge, Aug 25, 2015):

This has not been a great year to be a pensioner in Greece.

Over the course of the country’s fraught bailout talks, Greece’s pension system was frequently in the troika’s crosshairs. As for PM Alexis Tsipras, pension cuts were generally considered to be a so-called “red line” and intractable disagreements over pension reform quite frequently resulted in the total breakdown of negotiations.  Continue reading »

Tags: , , , , , , ,

Aug 23

Poll: 85% of Greeks Believe the Jews Have Too Much Power Over Global Finance (The Washington Beacon, June 30, 2015)

Tags: , , ,

Aug 21


Another Black Swan? Syriza Outcasts Form New Political Party, Will Push For Grexit (ZeroHedge, Aug 21, 2015):

Once upon a time, Panagiotis Lafazanis had a plan to save Greece.

On July 14, just two days after Prime Minister Alexis Tsipras sold out the Greek referendum “no” vote by agreeing to a shockingly punitive bailout deal in Brussels, Lafazanis convened a meeting of Syriza party “rebels” at a hotel in Athens. There, he allegedly attempted to convince his fellow lawmakers to storm the Greek mi Continue reading »

Tags: , , , , ,

Aug 20


Greek PM Alexis Tsipras To Resign; New Elections Set For September 20 (ZeroHedge, Aug 20, 2015):


“Greek state broadcaster ERT is reporting that the embattled prime minister will announce the vote later today. The PM has been meeting with government officials this afternoon and could resign from office having called the vote. September 13 and 20 have been touted as possible dates.”

Wow …

Continue reading »

Tags: , , , , ,

Aug 18

This Is Sparta

This is Sparta – 1,000 Bitcoin ATMs are Coming to Greece (Liberty Blitzkrieg, Aug 18, 2015):

I simply cannot stress enough how important Greece is to freedom, liberty and civilization across the globe. Greece is not a one-off, or merely a small nation in big trouble that holds little relevance for the rest of us. Greece is everything.

What is happening to Greece follows the exact same game plan of what will eventually happen to every other supposedly sovereign nation. First there is an explosion of debt. Then a crisis. Then a bailout. Then creditor imposed hardship is forced upon the average population, in conjunction with unlimited bailouts for the bankers and other oligarch criminals. Finally, when a public which mistakenly believes it is living in a democracy exercises its right to national sovereignty, the sad truth is exposed. They are not a people living under a free political system. Continue reading »

Tags: , , , , , ,

Aug 18

Greek Liquidation Sale Begins: German Company Wins Privatization Bid For 14 Greek Regional Airports (ZeroHedge, Aug 18, 2015):

Greek Liquidation Sale Begins: German Company Wins Privatization Bid For 14 Greek Regional Airports

Who would have thought.

A German company, airport operator FRAPORT won the bid to operate and maintain 14 regional airports, considered to be top of the top in Greece. With an offer of 1.23 billion euro, the consortium of Fraport-Slentel (a unit of Greek energy group Copelouzos) won the bid to lease the regional airports for 40+10 years. Among the 14 regional airports are those on most popular tourist Greek islands like Mykonos, Rhodes, Kos, Santorini and Corfu. It is the first privatization deal under SYRIZA-ANEL coalition government and the biggest privatization deal in Greece since beginning of the crisis and the bailout programs in 2010. Continue reading »

Tags: , , , , ,

Aug 18

Greek Deposits Become Eligible For Bail-In On January 1, 2016 (ZeroHedge, Aug 17, 2015):

Earlier today an EU official was reported as saying that Greek banks will exclude all depositors from losses until the EU’s Bank Recovery and Resolution Directive rules go into effect on Jan. 1, 2016.  Needless to say this was vastly different to Dijsselbloem’s blanket guarantee statement from Friday, and suggests that depositors will indeed be bailed-in, but not right now: only after BRRD rules come in place on the first day of 2016.

Tags: , , , , , , ,

Aug 17

Greece Faces Snap Elections As Lawmakers Abandon Tsipras (ZeroHedge, Aug 18, 2015):

Greek PM Alexis Tsipras has lost the support he needs to win a confidence vote, setting up the possibility of snap elections. Meanwhile, German Chancellor Angela Merkel’s bulletproof reputation will be tested on Wednesday when the Bundestag will be forced to vote on the Greek bailout without an assurance that the IMF will ultimately shoulder a portion of the burden.

Tags: , , , ,

Aug 15

Dominos countries

“China, Australia, Brazil, Canada, Sweden – it is beyond us how anyone can declare the crisis isn’t spreading. Be prepared – there are going to be lots of opportunities to both make and lose money. But first, you have to recognize what is happening.”

The Crisis Is Spreading: China, Australia, Brazil, Canada, Sweden… (ZeroHedge, Aug 15, 2015):

Earlier today, we posted an excerpt from IceCap Asset Management’s latest letter to investors focusing on the farce that is the Greek bailout #3, which can be summarized simply by the following table…

greece next steps

… and Keith Dicker’s assessment which was that “for Greece, it’s mathematically impossible to repay its debt” and that the Greek “economy continues to plummet to deeper depths and is now -33% less than where it was in 2008.”

But the truth is that for all the endless drama, Dicker continues, “the Greek debt crisis isn’t THE crisis. Rather it is simply a symptom of a much larger global debt crisis.” Continue reading »

Tags: , , , , , , , , , , , ,

Aug 15


Study: Germany made €100bn profit on Greek crisis (Keep Talking Greece, Aug 10, 2015):

What? I don’t believe it! Rea-lly? Germany made a 100 billion euro profit on Greek crisis? No, kidding? HA! And yes, so it is! A study conducted by a German Economic Institute has shown that every time investors got bad news about Greece, they rushed to Germany’s ‘safe haven’ with the effect that the interest rates on German government bonds were falling!

“Greece’s biggest creditor Germany has made a huge profit on the country’s debt crisis over the last 5 years as it saved through lower interest payments on funds borrowed amid investor “flights to safety.”

Each time investors got bad news about Greece, they rushed to the ‘safe haven’ of Germany, with the interest rates on German government bonds falling, according to the study from the private, non-profit Leibniz Institute of Economic Research, Agence France-Presse reported Monday. Continue reading »

Tags: , , , , , , , ,

Aug 12

DAX Crashes After Germany Warns Greek Bailout “Insufficient” (ZeroHedge, Aug 12, 2015):

With the Greek bailout deal now nearly done, all that stands in the way of disbursal is the Greek parliamnent and a predictably incalcitrant Germany which, according to Bild (citing EU sources) has now determined that the new bailout plan is “insufficient.”

Tags: , , , , , , ,

Aug 11


Third Time’s The Charm? Greece Agrees To Bailout Amid Rampant Skepticism (ZeroHedge, Aug 11, 2015):

After what were described as “marathon” negotiations, Greece and its creditors have agreed to the terms of the country’s third bailout program. Although some remain optimistic, the general consensus seems to be that, as Finnish Foreign Minister Timo Soini said over the weekend, “we should just admit that this isn’t going to work.”

Tags: , , , , ,

Aug 05

Most notably, Varoufakis says Tsipras was “dispirited” by the “no” vote and that many in the Greek government were indeed depending on a “yes” vote to give them a way out of what seemed like an intractable situation.


Varoufakis Tells All: Tsipras Was “Dispirited” With “No” Vote, Referendum Was Meant As “Exit Strategy” (ZeroHedge, Aug 5, 2015):

In the wake of Greek PM Alexis Tsipras’ seemingly inexplicable decision to disregard a referendum outcome he had aggressively campaigned for on the way to accepting a deal with Athens’ creditors that looked far worse than the proposal that 62% of Greek voters indicated was unacceptable just a week prior, some began to question whether Tsipras intended to win the referendum at all.  Continue reading »

Tags: , , , , , ,