Are Greece and Detroit test grounds for societal shut down or the beginning of the end?

For those of you interested to see and learn what happens when societies collapse (if only to be able to prepare) two places stand out for study. One of them of course is Greece and another is the once proud city of Detroit in the land of the free and the brave oppressed and the slaves, the good old US of A now better known as the Evil Empire.

The thing with these two examples of horrible economic collapse is that perhaps we are not the only ones studying what happens when jobs disappear and money becomes scares and the people is squeezed for ever more tax, fines and permit fees while they become more and more restricted in their movements through poverty, rising oil prices and no fly lists.

There are a couple of noteworthy differences between the two examples:

  • In Detroit the deteriorating situation leads to more individual on individual violence and often crime related violence.
  • In Greece, a country who’s population suffered immensely but fought back bravely under the Nazi occupation and who also suffered greatly under the Military Junta there is much more solidarity and they have a tendency to demonstrate in huge numbers and direct their anger to the Elite, Government and the Finance institutions destroying the country.
  • In Detroit hundreds of thousands of people have simply moved away in search of jobs and the left over inhabitants find themselves more and more in a Mad Max situation in which ladies in their late seventies have to apply for gun permits and buy guns to protect themselves from the armed gangs roaming the streets.
  • In Greece young unemployed people will use violence against the police but it seems that there is no increased crime but more and more people become homeless and commit suicide each day.
  • Another noteworthy difference is the behaviour of the police. In Detroit and in the entire US the violence of police officers towards private citizens is increasing in multiple mind blowing ways( see here, here and here for just a few horrible examples).
  • In Greece the Police union representing two thirds of the entire police force has issued a statement in defence of their country and it’s citizenry and it is a searing indictment of the international financial elite wreaking havoc in their communities.
  • What is also interesting that while the Greek clearly pointed to their elite as the source of the problems with a good understanding of the political situation with regards to their position in society,
  • The citizens of Detroit and that goes for most of the US it citizens, until the advent of the occupy movement, are on the whole behaving  as millionaires who are temporarily out of cash identifying completely with the 1% devastating their country and most of the world.

The same 1% whom we must presume are watching both situations with interest and if I was them with more than just a smidgen of trepidation because their entire future lies on what happens in these places next.

Will the Greek take back their country and return to the Drachma and begin to rebuild their economy causing the entire bloated over leveraged financial bubble machine to collapse or will the military industrial complex take over when the financial war can no longer be perpetrated?

Will the American people armed to the teeth and divided along racial and income lines turn on each other more and more descending into a civil war leaving the 1% to continue their goal of bankrupting the global population or will they finally wake up to the fact that they never have been and never will be millionaires like the 1% and take back their country thereby triggering the FEMA concentration camp activation and the use of military on the streets of cities like Detroit in order to shut down what was once a thriving free community?

We live in interesting times

Joan Veon on the engineered Financial collapse.

As I am watching this fascinating presentation I have to urge you to watch this in its entirety. The structural changes chapter is horrifying in the scope in which it transfers the powers of congress to the bankers and the chapter on derivatives (the source of John Key’s wealth) is just beyond comprehension in it’s epic scale of deceit. Send this link to all your buddies who still think the sun shines out of John Key’s arse. And then give them the link to my open letter to Eugene Bingham.

Iain Parker, one of the most knowledgeable researchers on international finance and the banking system currently collapsing our entire global economy by design pointed me to Joan Veonan amazingly knowledgeable woman presenting the history and current financial situation before she  passed away because of cancer.

Here is part 1 of her presentation. If you click on the you tube logo you will be linked to the rest of this enlightening presentation. Especially the tax law changes under Reagan are stunning.

The Real Economic Picture

This article was written by Dr. Paul Graig Roberts. Here is the link to his website which contains a lot of good articles. I decided to post it integrally because the graphs tell a very scary picture about the US and it’s real economic situation. It is dire to say the least.

If you have any money and you want to understand the lies that “your” government tells you with statistics, subscribe to John Williams shadowstats.com.

John Williams is the best and utterly truthful statistician that we the people have.

The charts below come from John Williams Hyperinflation Report, January 25, 2012. The commentary is supplied by me.

Here is the chart of real average weekly earnings deflated by the US government’s own measure of inflation, which as I pointed out in my recent column, Economics Lesson 1, understates true inflation.

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Greece's inevitable default is finally mentioned in the MSM or how the global finance wars can no longer be ignored

This morning Greece’s inevitable default finally made it into the NZ MSM. They didn’t actually point out that it was inevitable of course but it can no longer be avoided.

Here is some more information you might need to get the broader picture:

  • Portugal has been degraded to absolute junk
  • -France was downgraded from AAA to AA+

    -Austria was downgraded from AAA to AA+

    -Italy was downgraded two more levels from A to BBB+

    -Spain was downgraded two more levels

    -Portugal was downgraded two more levels

    -Cyprus was downgraded two more levels

    -Malta was downgraded one level

    -Slovakia was downgraded one level

    -Slovenia was downgraded one level

  • There might be a giant 1 trillion quantitative easing attempt in Europe indicating that Germany may have lost the fight against the inflation wave coming.

 

Of hungry children and lack of Aspirin or how the banks are killing the Greek

‘Over the last year we’ve had hundreds of parents who want to leave their children with us. They know us and trust us.’

- Fr Antonios Papanikolaou

While their government buys weapons and military equipment with the bail out money Greeks have to make heart rendering decisions about what to do with children they can’t afford to feed and pharmacies can’t afford to give Greeks medicines they need.

Children are being abandoned on Greece’s streets by their poverty-stricken families who cannot afford to look after them any more.

Youngsters are being dumped by their parents who are struggling to make ends meet in what is fast becoming the most tragic human consequence of the Euro crisis.

It comes as pharmacists revealed the country had almost run out of aspirin, as multi-billion euro austerity measures filter their way through society.

Abandoned: Children are being dumped on Greece's streets by their poverty-stricken families who cannot afford to look after them any more (file picture)Abandoned: Children are being dumped on Greece’s streets by their poverty-stricken families who cannot afford to look after them any more (file picture)

Athens’ Ark of the World youth centre said four children, including a newborn baby, had been left on its doorstep in recent months.

One mother, it said, ran away after handing over her two-year-old daughter Natasha.

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Greece Spends Bailout Cash On European Military Purchases

First they bankrupt you, then they force you to borrow from them and then they force you to spend that money not on restoring your economy but to buy weapons.

As Greek standards of living nose-dive, loans to households and businesses shrink still further, and Troika-imposed PSI discussions continue, there is one segment of the country’s infrastructure that is holding up well. In a story on Zeit Online, the details of the multi-billion Euro new arms contracts are exposed as the European reach-around would be complete with IMF (US) and Europe-provided Greek bailout cash doing a full-circle into American Apache helicopters, French frigates, and German U-Boats. As the unnamed source in the article notes: “If Greece gets paid in March the next tranche of funding (€ 80 billion is expected), there is a real opportunity to conclude new arms contracts.” With the country’s doctors only treating emergencies, bus drivers on strike, and a dire lack of school textbooks and the country teetering on the brink of Drachmatization, perhaps our previous concerns over military coups was not so far-fetched as after the Portuguese (another obviously stressed nation), the Greeks are the largest buyers of German war weapons.  It seems debt crisis talks perhaps had more quid pro quo than many expected as Euro Fighter commitments were also discussed and Greek foreign minister Droutsas points out:”Whether we like it or not, Greece is obliged to have a strong military”.

 

From Zeit Online: Fine Weapons For Athens (Via Google Translate)

Frigates, tanks and submarines: A Greek military passes any savings package. And Germany benefited.

The Gift of the Greek Ministry of Defense has the man in the head: up to 60 fighter aircraft fighter for maybe € 3.9 billion euros. French frigates for about four billion, patrol boats worth 400 million euros, as much is the necessary modernization of the existing Greek fleet. Then it still lacks of ammunition for the Leopard tank , also would have two American Apache helicopters will be replaced. Oh, and one would like to buy German U-boats, total price: two billion euros.

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