"Tsakalatos was just asked to pledge his iPad as collateral, he can keep the red case….for now " The guns pointed at the head of Greek Minister Tsakalatos but it's clear from the look on his face that one wrong move might be his last as the Greeks were forced to pledge $50Bn worth of their assets to EU Banksters at fire sale prices in exchange for $40Bn of additional loans that will, theoretically, kick the can another couple of years down the road. That's what they call " victory " in " free " markets these days. Not only will Greece be forced to sell their assets but that money goes into a fund that can only be used to pay down the country's debts (AND intererst, of course) AND Greece has to leave the poor corporations alone when the feel the need to cut a few corners under the label of " reducing bureaucracy and market protections ." Let the carpet-bagging begin! IN PROGRESS
"Tsakalatos was just asked to pledge his iPad as collateral, he can keep the red case….for now"
The guns pointed at the head of Greek Minister Tsakalatos but it's clear from the look on his face that one wrong move might be his last as the Greeks were forced to pledge $50Bn worth of their assets to EU Banksters at fire sale prices in exchange for $40Bn of additional loans that will, theoretically, kick the can another couple of years down the road.
That's what they call "victory" in "free" markets these days. Not only will Greece be forced to sell their assets but that money goes into a fund that can only be used to pay down the country's debts (AND intererst, of course) AND Greece has to leave the poor corporations alone when the feel the need to cut a few corners under the label of "reducing bureaucracy and market protections." Let the carpet-bagging begin!
IN PROGRESS