Interview 1057 – Financial Survival: Greece Drops “Odious Debt” Bombshell
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The world is getting crazier by the minute, and this week’s headlines are a case in point. From the Texas bullion depository to the Greek odious debt argument to the China-Russia gas deal, James and Alfred cover the stories that are destined to impact our lives in the near future.
SHOW NOTES:
Texas Governor Signs Legislation To Establish State Bullion Depository
Iraq Nets Handsome Profit by Dumping Dollar for Euro (2003)
Gaddafi’s ‘Gold Money’ Plan Would Have Devastated Dollar (2011)
The JFK Myth: Was He Assassinated Because He Opposed the Fed?
Debt Truth Committee: Greece’s Debt ‘Illegal, Illegitimate and Odious’
Greek Bank Outflows Accelerate, Reached 5 billion Euros in April
Russia and China To Exclude Dollar From Gas Deals
PetroYuan Proliferation: Russia, China To Settle “Holy Grail” Pipeline Sales In Renminbi
Bilderbergers Actually Determine The Policy For The Coming Year (2010)
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http://www.hellenicparliament.gr/en/Enimerosi/Grafeio-Typou/Deltia-Typou/?press=cb2bae76-752a-473b-a943-a4ba00d8da6a
According to the Hellenic Parliament, This is just a public hearing of a report prepared by a committee. The committee recommended that the debt should be considered illegal, but no decisions have been made yet.
I hope you would consider official sources, especially when quoting important stories.
I do find American provincialism amusing given its catalogue of paradoxes surely fill up several rooms of Babel’s library. Sometimes James hard decisions need to be made regarding qualitiy over quantity.
Fate ta logia sas. Eat you words. I sincerely hope so. Perhaps because they are not English language the movements foremost in Greece and Spain toward wresting national sovereignty back to the people receive more coverage in the msm than the altmed. And there it is almost nonexistent and only used to paint Greeks as lazy thieves. When we all know any substantial theft is carried out by very industrious thieves in global banking and directed by the IMF. But in all the talk it remains a political curiosity. And ordinary Greek citizens are the whipping boy that has had its humanity removed by all so far, except Syriza.
In light of the Texas intention to create their own bullion repository, I can’t help but wonder if that isn’t reason enough to “earn” the massive flooding that hit the state recently.
Just a random thought, it appears things are gearing up. The Soros op-ed makes an interesting geopolitical statement.
Just as China and Russia announce the currency that will be used in the gas deal payments will be in rubles and yuans. It’s almost as if Soros is trying to get the US to woo China contra Russia in a coming world war type escalation.
http://www.zerohedge.com/news/2015-06-17/global-disorder-reigns-george-soros-warns-washington-mend-relations-china-or-face-wo
Thanks for the tip. I’ve tweeted out the original op-ed. I’m not sure if I see this ultimately as a wooing away from Russia so much as a “let’s build the New Bretton Woods together.” I would be surprised if Soros isn’t lined up to benefit from a dollar crash.
Greece, the beginning of the Western world – the end to the Western world? Sounds like a sick joke to me.
Found a heartening email in my inbox today from Global Justice, (formerly the World Development Movement, changed their name because the word development has become too pejorative now). It’s not a lot in the scheme of things but please add your protest on the petition.
http://action.globaljustice.org.uk/ea-campaign/action.retrievestaticpage.do?ea_static_page_id=4227
James we met briefly at Groningen last year.
Greece’s former representative to the IMF, Panagiotis Roumeliotis, has testified that Greek journalists attended seminars funded by the IMF and were instructed to present the IMF in a favorable light.
http://redpilltimes.com/imf-trained-greek-journalists-in-washington-d-c-to-spin-stories-in-favor-of-imf-and-european-commission/
See You
Reinier