Sure Greece is in distress interestingly enough so is Italy, Portugal and Spain. It is only as matter of time and Turkey will also be joining the ranks of the distressed.

E REZA

Phedon Nicolaidis

lives on the planet of the slaves run by the bankers, you from outer space or the same solar system?

THIS IS THE PRICE THE WORLD HAS TO PAY FOR ALLOWING THE GREEDY BANKERS TO TAKE OVER and a natural progression: you have ALL the money u want in Trillions it loses its meaning after all u can print all the money u wish for, But it means FA, next thing total world domination power over EVERY living being on earth can't get higher than that Get it?

n its coming if they manage to overcome Russia as Jesus said B4 the end of this system men will walk round yellow with Fear How righr everything He fortold is turning out to be

Lawrence from Arnold

have the bankers Not take away the right of citizens to hold Gold? or am i wrong? the only Gold we can buy is in jewelery $100 jewelery=$10 gold try to buy silver: yes sir of course how much u meed to buy 1 LB? send us the money we'll send u the certificate how many others ON the same silver i own? can u send me the silver?

u mad Not on u r life just like the goldsmiths in middle ages London ppl took their gold to them for safe keeping n whre givern certificates the start of paper money so in the end it was many IOUs in circulation But the real value was in the banker's vaults same today Just try n buy Real gold or silver NOT ON PAPER U NOT ALLOWED U WONT BE GIVEN IT JUST AN IOU what good is that in a real crise? maybe the bankers are right ppl are so stubid they deserve what bankers do to them

one thing i like to know if anyone is willing to answer with honesty usa owes trillions UK owes Franse owes in fact Most countries are in dept up to their eyebrows WHO DO THEY OWE all this money to? exceept for china n japan all other countries owe china had over 1.3 Trillions of $US they cannot offload them as their $reserves will fall like a ton of bricks

Apart from russia who OWNS its cantral bank printing money based on real reserved backed by the Russian Gov n the Swiss Frank all them countries they must owe all this to the IMF "World bank" how did this come about almost all countries owing to the few international bankers?

would that have anything to do with the fact that no matter whatn how much a country produces when they sell their goods they re paid in paper money printed by Private bankers who's money is based of FA but thin air? all they have to do is prits few more billions n all most of your hard work n produced they robbed from you

this's got FA to do with economics just common sense but as they OWN most politicians in Key countries the world is their slave

have u seen the video THE MONEY MASTERS? the Federal Reserve ITS not Federal its got NO reserves itprints money at Will outside ANY Gov, control was voted 23rd Dec 1913 when all congressmen went home for Xmas 2 Bribed congressmen voted for it the US put $20M to start the bank banks are allowed to loan 10X the money they have the Fed directors "loand" themself $200M n "bought 90% share with FA US gov $20M 10% as resident Wilson said the start of the Greatest deception in Human history committed by the bankers against My country My PPL

why is anyone suprised all countries who's central banks are OWNED by international bankers are broke for? is this world full of idiots?

Henry Ford said its good americans do Not understand our criminal banking system for if they did it be a revolution by the morning Pr Jefferson Only by educating the public can we guarantee out future freedom JFK said he had plans to dismantle the Fed 10 days later He was dismantled by the bankers so was A Lincon n Jefferson
3 Great US statesmen this world is a joke man

one thing i like to know if anyone is willing to answer with honesty usa owes trillions UK owes Franse owes in fact Most countries are in dept up to their eyebrows WHO DO THEY OWE all this money to? exceept for china n japan all other countries owe china had over 1.3 Trillions of $US they cannot offload them as their $reserves will fall like a ton of bricks

Apart from russia who OWNS its cantral bank printing money based on real reserved backed by the Russian Gov n the Swiss Frank all them countries they must owe all this to the IMF "World bank" how did this come about almost all countries owing to the few international bankers?

would that have anything to do with the fact that no matter whatn how much a country produces when they sell their goods they re paid in paper money printed by Private bankers who's money is based of FA but thin air? all they have to do is prits few more billions n all most of your hard work n produced they robbed from you

this's got FA to do with economics just common sense but as they OWN most politicians in Key countries the world is their slave

have u seen the video THE MONEY MASTERS? the Federal Reserve ITS not Federal its got NO reserves itprints money at Will outside ANY Gov, control was voted 23rd Dec 1913 when all congressmen went home for Xmas 2 Bribed congressmen voted for it the US put $20M to start the bank banks are allowed to loan 10X the money they have the Fed directors "loand" themself $200M n "bought 90% share with FA US gov $20M 10% as resident Wilson said the start of the Greatest deception in Human history committed by the bankers against My country My PPL

why is anyone suprised all countries who's central banks are OWNED by international bankers are broke for? is this world full of idiots?

Henry Ford said its good americans do Not understand our criminal banking system for if they did it be a revolution by the morning Pr Jefferson Only by educating the public can we guarantee out future freedom JFK said he had plans to dismantle the Fed 10 days later He was dismantled by the bankers so was A Lincon n Jefferson
3 Great US statesmen this world is a joke man

one thing i like to know if anyone is willing to answer with honesty usa owes trillions UK owes Franse owes in fact Most countries are in dept up to their eyebrows WHO DO THEY OWE all this money to? exceept for china n japan all other countries owe china had over 1.3 Trillions of $US they cannot offload them as their $reserves will fall like a ton of bricks

Apart from russia who OWNS its cantral bank printing money based on real reserved backed by the Russian Gov n the Swiss Frank all them countries they must owe all this to the IMF "World bank" how did this come about almost all countries owing to the few international bankers?

would that have anything to do with the fact that no matter whatn how much a country produces when they sell their goods they re paid in paper money printed by Private bankers who's money is based of FA but thin air? all they have to do is prits few more billions n all most of your hard work n produced they robbed from you

this's got FA to do with economics just common sense but as they OWN most politicians in Key countries the world is their slave

have u seen the video THE MONEY MASTERS? the Federal Reserve ITS not Federal its got NO reserves itprints money at Will outside ANY Gov, control was voted 23rd Dec 1913 when all congressmen went home for Xmas 2 Bribed congressmen voted for it the US put $20M to start the bank banks are allowed to loan 10X the money they have the Fed directors "loand" themself $200M n "bought 90% share with FA US gov $20M 10% as resident Wilson said the start of the Greatest deception in Human history committed by the bankers against My country My PPL

why is anyone suprised all countries who's central banks are OWNED by international bankers are broke for? is this world full of idiots?

Henry Ford said its good americans do Not understand our criminal banking system for if they did it be a revolution by the morning Pr Jefferson Only by educating the public can we guarantee out future freedom JFK said he had plans to dismantle the Fed 10 days later He was dismantled by the bankers so was A Lincon n Jefferson
3 Great US statesmen this world is a joke man

Dear Lambouin
I am not sure on which planet you live but for sure the first to use creative accounting were the French and then the Italians mastered the art. The Greek problem has been reported in the Greek, and foreign press, for the last two years so it is no surprise; it is the extent of the problem that surprised. What were the Eurostat officials doing all this time?
Public finance statistics in truth are bad and the EU should find a better system. More importantly there should be early warning action which the EU should introduce. If this event has something positive it is to give the EU a reality check and get politicians to act. Greece is not alone in facing the financial crisis.

Dear E Riza,
Regarding your last message about Italy / Greece entering the euro zone, I don't know about Italy, but actually the wealthier countries of the zone could not possibly have known the truth about Greece's economy, since the Greeks - in fine Greek tradition - faked their statistics to enter the euro zone.
Bambouin

The issue is that politicians have only their national interest and not the EU when a crisis such as the one we are witnessing comes along. The internal market for the French does not exist niether for Germany when German jobs are at stake. The same applies to the monetary and fiscal policy. France and Germany can do what they like. I cannot accept that both countries did not know what they were doing when they let Greece and Italy in the eurozone but it was politics and not sound economics. The same applies to reform of the financial system; politicians dragging their feet. Unless the ploticians of Europe get their act together the EU will fundge and stumble along

You seem to forget that the Dutch and the Germans are the most properous states in Europe, exactly because of the policies of ther respective central banks. The reason why the southern european countries were keen on the Euro project was because they wanted to bask in that same sun of success.

It is unfortunate that the governments of Greece, Italy, Portugal and Spain did not see this also required them to follow sound government policies a well. Interest rates for bonds of these governments have sored. It is in their interest to keep the Euro alive as otherwise interest rates on these bonds will sore even higher, and with it the debt tobe repaid.

As unfortunate as it is for these countries, they are now forced to take harsh measures or else pass the debts on their children. Ireland can serve as an example, where the government not only talked the talk, but walked the walk. Time to shape up, cut the budget and reform.