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Early poll results show victory for ‘no’ vote in greek referendum

Discussion in 'News & Current Events' started by poncho, Jul 5, 2015.

  1. poncho

    poncho Well-Known Member

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    Numerous media outlets are reporting that the ‘no’ vote has a slight lead in the Greek referendum on the EU bailout.

    http://www.infowars.com/no-vote-has-the-lead-in-greek-referendum/

    Greek Finance Minister Accuses Creditors of ‘Terrorism’

    http://www.theblaze.com/stories/2015/07/04/greek-finance-minister-accuses-creditors-of-terrorism/

    EU warns of Armageddon if Greek voters reject terms

    http://www.telegraph.co.uk/finance/economics/11718296/EU-warns-of-Armageddon-if-Greek-voters-reject-terms.html

    Yesterday’s demonstration in favor of ‘No’ in Syntagma Square of Athens had gigantic proportions and great fighting spirit.

    Instead, the rally of supporters of ‘Yes’ was enormously smaller without breath and passion.

    Of course, with the exception of state television, all TV channels mainly or exclusively showed the second (Yes), saying that it is a big demonstration, exhausting every possibility to conceal and distort reality.


    http://www.paulcraigroberts.org/2015/07/04/privately-owned-greek-media-line-one-percent-greek-people/

    Wonder how long it will be before the Greek government is "regime changed"?
     
    #1 poncho, Jul 5, 2015
    Last edited by a moderator: Jul 5, 2015
  2. 777

    777 Well-Known Member

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    They were saying at BI last week that this referendum was going to go down in flames, but the margin of defeat - over 60% against austerity - was a little surprising. I think Greece is gambling on the EU kicking the can down the road again and bailing them out anyways. There's liquidity there until July 24th, let's see if Merkel capitulates again.
     
  3. Jkdbuck76

    Jkdbuck76 Well-Known Member

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  4. carpro

    carpro Well-Known Member

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    Greeks definitely don't want to give up their welfare state. :laugh:

    I wonder how they expect to get the freebies when there is no money fo pay for them.

    That day is coming in the United States as well. It'll be a long time coming, but it will come.

    A welfare state is simply unsustainable.
     
  5. Rippon

    Rippon Well-Known Member

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    Greeks: No More Baklava For You!

    And they're celebrating!? Don't they know they are in for a world of hurt?
    We need to declare bankruptcy ASAP. We have been insolvent for a long time. We are on artificial life-support. We cannot maintain this trajectory.
     
  6. poncho

    poncho Well-Known Member

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    Greece Votes NO – Let The Chaos Begin…

    The result of the referendum in Greece is a great victory for freedom, but it is also threatens to unleash unprecedented economic chaos all across Europe. With almost all of the votes counted, it is being reported that approximately 61 percent of Greeks have voted “no” and only about 39 percent of Greeks have voted “yes”. This is a much larger margin of victory for the “no” side than almost everyone was anticipating, and it represents a stunning rejection of European austerity. Massive celebrations have erupted on the streets of Athens and other major Greek cities, but the euphoria may not last long. Greek Prime Minister Alexis Tsipras is promising that Greece will be able to stay in the euro, but that gives EU bureaucrats and the IMF a tremendous amount of power, because at this point the Greek government is flat broke. Without more money from the EU and the IMF, the Greek government will not be able to pay its bills and virtually all Greek banks will inevitably collapse. Meanwhile, the rest of Europe is about to experience a tremendous amount of pain as financial markets respond to the results of this referendum. The euro is already plummeting, and most analysts expect European bond yields to soar and European stocks to drop substantially when trading opens on Monday morning.

    Personally, I love the fact that the Greek people decided not to buckle under the pressure being imposed on them by the EU and the IMF. But amidst all of the celebration, the cold, hard reality of the matter is that your options are extremely limited when you are out of money.

    Continue . . . http://theeconomiccollapseblog.com/archives/greece-votes-no-let-the-chaos-begin
     
  7. poncho

    poncho Well-Known Member

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