All In By S.Artesian

11 July 2015 — The Wolf Report: Nonconfidential analysis for the anti-investor

Worth repeating:

No, that was not the stake. 

At stake was another bailout of Greece. On top of debt forgiveness.  On top of a moratorium.

Greece is structurally incapable of retiring its debt in the next ten, twenty, or thirty years.   Greece is structurally incapable of generating sufficient revenues, no matter what level of austerity is applied, to meet more than a fraction of the costs of the “plan of four pillars.” Continue reading

Prime Minister Tsipras’ Bailout Reform Package: An Act of Treason against the Greek People By Prof Michel Chossudovsky

11 July 2015 — Global Research 

After having launched a Referendum to refute and refuse the debt bailout agreement put together by the Troika, Prime Minister Tsipras together with his newly instated Finance Minister, comes up four days latter with an austerity package broadly similar to the one which was turned down by the Greek government in June.

This about-turn had been carefully engineered. The Greek people were misled and deceived.

Tsipras had made a deal with the creditors. He was in favor of accepting the demands of the creditors all along.

Continue reading

Get Ready By S. Artesian

10 July 2015 — The Wolf Report: Nonconfidential analysis for the anti-investor 

The Guardian is reporting that the Hellenic Parliament has adopted Alexis “Ain’t Too Proud to Beg” Tsipras’ latest proposals for “economic adjustment.” The report identifies 250 votes “for,” 32 votes “against,” and 8 abstentions.  Ten members apparently didn’t show up.  Continue reading