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Greece heading towards ‘financial holocaust’ – Keiser

Published: 10 February, 2012, 19:02
Edited: 10 February, 2012, 23:33


Anti-riot policemen walk in front of the Athens' University during a 48-hour general strike on February 10, 2012. (AFP Photo / Louisa Gouliamaki)

The Greece’s incredible debt has in fact been accumulated in the banks around the world and forced on to the balance sheet of Greece, says financial analyst Max Keiser, referring to the situation as “financial holocaust”.

 
9 COMMENTS
Eurasian February 10, 2012, 19:57 quote
+5

Mentioning “financial holocaust” I have been always fearing how the prediction of Nostradamus will materialise concerning the Balkans in the final battle between good and evil “…people on the Balkans will come to a point of cannibalism.” Already many cases registered mothers leaving their small children to charities and religious sanctuaries.

witek (unregistered) February 10, 2012, 23:19 quote
+17

All financial problems in USA and Europe were created in Wall Street NY USA by criminal acts.
What world should do is to nullify all debts created by Zionists like Rothschilds, Rockefelers, Morgans and their cronies and liquidate Federal Reserve. System created by these families in a criminal act in itself.
National Central Banks cannot be private banks. They must belong to citizen and government of the countries.
It is so simple. As John Lenon said in his song "Power to the People".
It is probably why he was murdered.

Cosmopolite February 10, 2012, 23:35 quote
+13

I bring this subject up to other Americans and it is down right mind boggling how many people don't care that these bankers ripped us off for billions. Christ Corzine took 1.2 billion from his customers and people still would rather watch snooky. Generally the apathy it comes from a lack of understanding what happened. But even after you explain it to people they are still dont care.

I hate to say it but those that aren't outraged or aren't preparing for what is coming deserves what they have coming.

CON February 10, 2012, 23:42 quote
+12

Max Keiser rarely shys away from the ugly truth. Greece indeed is fu***d. The one consistent in all of this has been the steadfastness of the Greek people, who refuse to quietly lay down and die, unlike a number of other European countries in the same financial mess. At this rate of attrition, Greece will cease to exist as a state within two years.

alessandro capece February 11, 2012, 01:14 quote
+12

Help the Greece. The Unions of police have have requested 
to the greek law
to put in prison
the members of
the BCE, FMI
and UE.

Stoops February 11, 2012, 03:13 quote
+22

I'm glad that at least in this article RT has bothered to point out something too many news stations forget to - that all this debt is fault of other countries, and above all, Italy. As a Greek-American born there it makes me proud to see them not taking this lying down, unlike too many people over here in the US.

Larry (unregistered) February 11, 2012, 08:11 quote
+9

I guess technology & 'the world wide web' hasn't made people any smarter....because history is repeating itself in a really obvious way...... Historians didn't nickname the Balkans "The powder keg of Europe" for nothing...Does anyone remember what happened to the AustroHungarian Empire? They are GONE now....They are EXTINCT now....They too were meddling Germans, Austrians and other such middle Europeans who got in too deep trying to control the Balkan people...

Herman Michel February 11, 2012, 16:11 quote
+1

Max, I really appreciate your work and I always enjoy watching "Keiser Report". But this time your absolutely wrong.


First, WE, maybe these are more than 80 % percent of the German people, have never been ask wether we wanted to join the Eurozone or not. It was a small bunch of criminals (political correct called "politicians") controlled by the global financial elite (political incorrect called "banksters") which decided to take part in this from the very first planned "financial holocaust".


Second, it is OUR wealth that our criminal government destroys by subsidizing foreign countries and corporate banking systems with huge bail-out packages. Wealth, that OUR post-war generation has created out of the ruins of post-war Germany with blood and sweat, and which now disappears in the black throat of this system (via increasing taxes, dues, national debt) controlled by Wall Street and the City of London.

Alice (unregistered) February 16, 2012, 22:19 quote
+24

As a Greek I would like to thank you for your honest comments on the matter of the 'Greek bebt'. The story of our country is a sad one as appears in the news. Over the past years we been in reccession and our politicians did nothing to stop it. Instead the apply the easy solution they borrow more money and more money. The debt of our country is now rocket high. Despite painfull measures, they cut our wages, our pensions. The debt is growing and growing. The burden of this crisis is paid by the weakest. Once again the high earners refuse to pay taxes.We pay and pay everyday the price of their actions. Taxes after taxes and this does not seem to end. There is nothing left to pay. They took everything from us. We are no longer the proud nation that we used to be. The stereotypical desciption of the Greeks is lazy and that we avoid pay our taxes. I have to say that this is not true for the majority of us. We have our fair share of blaming, for idylozing useless politicians. However there is nothing left in this country, everyday a number of people commit suicide because of this situiation. The Germans have suffocate our economy and now they proceed with us. We though that we are equal members of the E.U. Our human rights, according to the 1998 act, as a nation are been bandalized and nobody seems to care. I hope that this madness stops here and no other country faces the same treatment from the Germans. 

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