Eurozone: Cheating to Lose – 1 Update

Goldman-Sachs complicit in hiding Greek Debt from Eurozone

More controversy at your fingertips…  A great expose from the BBC on how Greece cheated on it’s debt ratio with the help of everybody’s favorite partner in financial crime, Goldman-Sachs. Despite cheating, Greece will still finish as a loser. Do you trust your governments and banks now? I wonder how much of the Greek citizenry knows about this?

Remember, this video documents a major US financial company colluding with a sovereign Eurozone country (Greece) to misrepresent its financial standing to the Eurozone, European Union (EU), and the other nations of the world. Goldman-Sachs, who clearly masterminded the deception, justifies it the way a juvenile would, we didn’t do anything that others weren’t doing.

If you are wondering if the whole financial world is in La La land, the video below is a great exposition of just how messed up things are. The whole world seems determined to avoid making tough decisions, followed by effective, diligent action to get the financial world on track for recovery. The world watched its financial structure unravel for over three years, slipping into its current death-spiral.

Given the obvious results we are seeing, the current world leadership will drive their respective countries, on tracks, into the tunnel, to meet the financial disaster headed our way. Any readers who can make a difference with our political leadership, now would be the time for focused, constructive action.

 

Geoff & John

Postscript: March 8, 2012 Goldman’s Secret Greek Loan: http://www.wealthwire.com/news/global/2817?r=1

References:

1) February 29, 2012 Financial Vehicles of Mass Destruction | International Forecaster Weekly Bob Chapman The International Forcaster | Economy News | Investing | US Market Information | Gold | Silver | Wall Street Bailouts | Investment Trends | Money Resources | US and Worldwide Politics: http://theinternationalforecaster.com/International_Forecaster_Weekly/Financial_Vehicles_of_Mass_Destruction

2) March 1, 2012 BBC News – Eurozone unemployment continues to rise: http://www.bbc.co.uk/news/business-17219160

3) March 1, 2012 10.7 Percent: Unemployment In Europe Is Worse Than It Was At The Peak Of The Last Recession: http://theeconomiccollapseblog.com/archives/10-7-percent-unemployment-in-europe-is-worse-than-it-was-at-the-peak-of-the-last-recession

4) March 1, 2012 Calculated Risk: Greece Update: http://www.calculatedriskblog.com/2012/03/greece-update.html

5) March 1, 2012 Why is the Financial World So Messed Up? http://gainspainscapital.com/?p=1441

6) March 1, 2012 Testosterone Pit – Home – Deep Trouble at the Core of the Eurozone: http://www.testosteronepit.com/home/2012/3/1/deep-trouble-at-the-core-of-the-eurozone.html

7) March 2, 2012 European Solidarity – “Everybody Knows The Spanish Are Lying About The Figures” | ZeroHedge: http://www.zerohedge.com/news/european-solidarity-everybody-knows-spanish-are-lying-about-figures%E2%80%9D

 

 

This entry was posted in Catastrophe, Debt, Economics, EU, Geoff Yuen, John McClelland, Politics, USA and tagged , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>