As the news reaches us that as predicted the city councils throughout New Zealand have ratcheted up the highest debts per capita ever Moody has declared Greece in default. This presents a clear case of a default event and while the central banks and other fraudulent finance institutions such the IMF et all. want us […]
Tag Archives: Default
For those of you interested to see and learn what happens when societies collapse (if only to be able to prepare) two places stand out for study. One of them of course is Greece and another is the once proud city of Detroit in the land of the free and the brave oppressed and the […]
Mmmm, perhaps not. And while our Mud stream media takes another happy pill here, here and here’s Zero Hedge’s take on it and remember; if Greece goes (which is neigh on inevitable) so goes the globe.
If this is true we are in for a world of hurt. That is the bad news. The good news is that one of those banks is BofA in which John Key has most of his paper wealth! From Ellis Martin’s report
Once the euphoria of the initial announcement faded and as people have begun to closely examine the details of the European debt deal, they have started to realize that this “debt deal” is really just a “managed” Greek debt default. Let’s be honest – this deal is not going to solve anything. All it does […]
