Implosion Alert: Europe On The Verge of A Social, Political, Systemic Breakdown & The Last Remaining Hope To Save Europe Is Slipping Away
InvestmentWatch
BREAKING: HUNDREDS OF THOUSANDS ARE MARCHING IN MADRID, SPAIN against Corruption, Bank debts,politicians’ high wages; Spanish POLICE ON ALERT
They are going to demonstrate in front of the House of Representatives. People is fed up with politicians’ corruption and private debt. Far-right and far-left groups are marching along with liberals, libertarians, social-democrats, conservatives, communists, anarchists against the political corruption.
A Government’s representative has said that this demonstration is a coup d’etat. Hope everything goes fine.
Greece might stop paying salaries by summer
As EU bankers squeeze Greece beyond it’s ability to pay, the social consequences mount.
Greece’s austerity policies could create a crisis of insolvency within the country, undermining the very reason they were implemented – to repay the country’s debt – says the country’s biggest labour confederation.
“I am afraid that we may see a phenomenon that could cause a social explosion,” says Savvas Robolis, scientific director for the Labour Institute of the General Confederation of Workers in Greece (GSEE), the private sector’s confederation of unions. “Right now many people can’t pay their taxes. That’s why state revenue fell 300 million euros ($395m) short of January targets. If that continues, I don’t know if the state will be able to meet its obligations by June or July. It may not have the cash to pay salaries and pensions.”
The state heavily subsidises approximately 1.3 million pensions, according to finance ministry data. It also pays the salaries of almost 800,000 state employees, roughly a quarter of all people still working in the country. Failure to pay those pensions and salaries in full would greatly impact on the state’s own tax revenues, and therefore its ability to maintain payments to international creditors.
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“right now many people can’t pay their taxes.”
guess what: SCREW THEIR TAXES. many people are SICK of TAXES and are NOT GOING TO PAY THEM AT ALL anymore– EVER– nevermind whether they CAN or not.
crossbow arrows and darts come out of the darkness with little to no sound.