Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By National Freedom Forum (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

China Or Russia - Happy To Bail Out Greece

% of readers think this story is Fact. Add your two cents.


Greece will soon experience complete financial collapse, which will result in civil strife and chaos on their streets.  Years of Socialist spending on public employee compensation and benefits and the typical waste, fraud, and corruption that comes with all Socialist Schemes will soon result in Greece defaulting on its National Debt.  There are already runs on the banks as Greeks seek to get out of Greek banks whatever Euros are left.  Americans should notice what is happening in Greece because it will be the American story if we don’t bring an end to our deficit spending and begin to pay off our $18 Trillion National Debt. 

Matter of fact, it may already be too late for the United States because there is more than $150 Trillion in unfunded liability sitting out there for local, state and federal pensions, Social Security, ObamaCare, Medicaid etc. etc.  If all the wealth in the country were confiscated, which US Socialists would love to do, not just a percentage, it still would not be enough to cover all this US Debt. 

In any case, Greece will soon lose control over its own destiny, which is what always happens to any entity that cannot pay its Debt.  The Europeans will write them off and European governments will no doubt do whatever they have to do to bail out the banks in their countries that are exposed.  But that will still leave Greece penniless.  Guess what, both the Russians, or more importantly the Chinese will be happy to step in.  The price will be ending Greece’s relationship with the Euro Zone and NATO and Navel Bases for the highest bidder in the Mediterranean, which is likely to be China. 

Since Russia already has a Naval Base in Syria and nearby in the Crimea, it might not be as interested in this option, however, since the situation is Syria is tenuous at best, Russia may still attempt to gain this presence in Greece giving it another warm water port.  Most likely, the bigger player here will be China.  China would jump at the chance to weaken NATO and to gain a foot hold in the Mediterranean.  What better way to do it that to make Greece a client state.  Just wait and see.  This story is not over. 



Source: http://www.nationalfreedomforum.com/2015/06/china-or-russia-happy-to-bail-out-greece.html


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.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST


Order by Phone at 888-809-8385 or online at https://www.herbanomic.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • Anna

      Greece should Sue Goldman Sachs for providing the country with the negligent and misleading advice which got them so deep into this financial mess in the first place.

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.