Why did the bankers destroy your globalist experiment?
"Fears about debt in Greece, Spain shake up stock markets" by Pan Pylas, Associated Press / May 24, 2011
LONDON — Europe’s debt crisis returned to shake the markets yesterday. Fears about the solvency of Greece combined with concerns that Spain, or even Italy, may be dragged into the turmoil that has already led to bailouts of three euro countries....
Tensions were further heightened Sunday when Spain’s governing Socialists took a battering at regional polls as voters protested austerity measures when one in five people are looking for work.
See: Spain’s ruling party defeated at polls
The epicenter of the market tensions, however, was Greece, analysts said.
After repeated warnings that Greece is behind schedule on its austerity reforms, some investors worry the country may not get its next bailout installment — which it needs to avoid default — from its eurozone partners and the International Monetary Fund.
Quite a shell game the central banks have going.
Though Greece managed to get a $154 billion financial lifeline just over a year ago, the consensus in the markets is that it will have to get a second bailout in the next few weeks if it is to avoid some sort of default on its debt.
Prime Minister George Papandreou conceded as much over the weekend when he said the country was unlikely to be able to tap bond market investors next year. Yet last year’s three-year package of loans was predicated on Greece’s being able to do just that.
The view in the markets is that Greece will get more aid, partly because not doing so may cause an even bigger crisis and further threaten the euro currency.
So it can be replaced by what, a WORLD CURRENCY?
Is that why the BANKERS DESTROYED the DOLLAR buying back all the mortgage securities fraud?
After Greece, the next big concern is Spain....
Yeah, I notice the PROTESTS THERE have been VIRTUALLY IGNORED by the AmeriKan media.
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Related: EU officals want more tightening in Greece
Also see: Calm urged after racist attacks in Greece
Almost Forgot About Greece
When Greece Finally Defaults, The Real Mayhem Will Begin
