THE EU’s AIMS & CRISIS REVEALED : Austrian petition coup, IMF says major debt haircut is only solution, and Merkel Wikileak shows German cynicism in 2010
The anti-EU movement in Austria having reached the necessary percentage of signatures on a citizen appeal (4% – just over 260,000) the Nationalrat must now debate the issue of whether to stay in the EU/euro or not.
The IMF has just announced its firm conviction that Greece needs a debt haircut -, ie, debt restructure.
And now, Wikileaks has released NSA documentation that shows Merkel admitting in 2010 that Greek debt was unrepayable. At the Vox.com site, we see Merkel discussing the debt: this is the Sun headline:
‘…as long as the debt is on the books, Greece needs to keep asking for permission to roll the debt over and failure to pay debts can be used as a political trigger for forcing Greece out of the Eurozone. The debt, in other words, isn’t about money. It’s about political control. If the debt is formally forgiven then not only do Greece’s creditors need to write down some money, but they need to let Greece go on its merry way. If the debt is merely subjected to repeated rounds of extend and pretend then Greece’s creditors get to keep making various demands about structural reform.’
“Even with another haircut,” Merkel is reported as saying, “they can’t possibly sustain the debt repayments”. And she goes on to add that “restoring some kind of balance in the banking system” is the main priority.
Filed under: Uncategorized
Source: https://hat4uk.wordpress.com/2015/07/02/the-eus-aims-crisis-revealed-austrian-petition-coup-imf-says-major-debt-haircut-is-only-solution-and-merkel-wikileak-shows-german-cynicism-in-2010/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
