Posts Tagged Greed

Never Ending Greece

400x225_309590After months of grueling battles between the Troika and Greece, another chapter has come to a close. Alexis Tsipras caved in to the Troika’s demands. Outwardly, the Troika seems triumphant on the back of Merkel’s iron fist. Whether it was Merkel that won the battle or the surreptitious hands of powerful banksters is still a matter of conjecture. The bankers cannot allow Greece to default at this moment as the domino effect on trillions of derivatives will take the whole financial system down. The can has to be dribbled again down the road until the opportune moment. Read the rest of this entry »

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Greece is the Word

indexI saw my problems and I’ll see the light
We got a lovin’ thing, we gotta feed it right
There ain’t no danger we can go too far
We start believin’ now that we can be who we areGREECE is the word

They think our love is just a growin’ pain
Why don’t they understand? it’s just a cryin’ shame
Their lips are lyin’, only real is real
We stop the fight right now, we got to be what we feelGREECE is the word

– Lyrics from Grease (listen to song here) Read the rest of this entry »

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Brave Enough to take the Blame

imagesSome lead with integrity – like all good leaders, they take the blame when things fall apart. There’s no winching distractions and sacrifice of scapegoats. In times of old, wars were fought with the leaders leading in the front. They were true warriors. They took the first blow. In modern leadership, the leader leads from the rear. No wonder they coined the term “Rear Admiral”. The lesser mortals were left to die while leaders hide in bunkers and protected by layers of secret police and armour. Can you respect such leadership? Read the rest of this entry »

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De-Greecing Eurozone

ScreenShot_20150706220655All machineries need de-greasing maintenance regularly to keep the machines running in tip-top condition. The same goes for human beings. Regular fasting and de-toxing brings the body back to its form. How about nations? The same logic must apply. The Eurozone is getting too cluttered up. Policies are getting convoluted. Who is exactly at the help is a matter of conjecture. Some says Germany, being the largest nation in the group. Others say there are hidden hands that are the real power behind the Eurozone. It doesn’t really matter. The time comes for a Eurozone de-Greecing. Read the rest of this entry »

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Greece Becomes Cheece

indexWhen a person gets cornered, what will he do? Anything. There’s nothing more to lose. Greece is in one such situation. Whether the Greeks vote ναί (YES)  or όχι (NO) to the troika’s terms, it makes no difference.  You can call a bankrupt πτώχευση (in Greek), en faillite (French), 破产者 (Chinese) or whatever, he is still a bankrupt. A bankrupt is a bankrupt, period. You can kick the can down the road or bury your head in the sand, a bankrupt is still a bankrupt. Unless of course….. he defaults. All debts suddenly vanish.  Read the rest of this entry »

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You Love Me, You Love Me Not

indexMarriage is forever – until death do us part. That belongs to the days of “archaic” and traditional values. Society today does not think that way. At least, most western-style societies think otherwise. It is a “use and discard” value system. Everything is disposable. So is marriage and family. It is not cool to be married. It is COOL to have partners that come and go at will. Partners can be of either sex. It doesn’t matter as long as you love (meaning have sex) that partner. You wake up not knowing who was that partner of the night. It doesn’t matter anyway. Read the rest of this entry »

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Wizard of Banking

imagesThere is nothing new under the sun. It will rise from the east, and sets in the west. There is nothing new at all. So should bank closures in Greece be such headline news? Just not too long ago, Cyprus was a dress rehearsal. Anyone watching the banking system knows that. Now that rehearsal phase 1 has passed with flying colours, we are in phase 2. It’s Greece turn. Greece may be a little different from Cyprus. Greece will hurt the EU, while Cyprus hurts the Russians. There is always the possibility of a rabbit being pulled out of the Troika’s hat. Only it won’t be white this time. It will be pink. Greece is dress rehearsal 2. The finale is making its debut soon. Read the rest of this entry »

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Property Blood Bath

imagesIn 2008, America demonstrated to the world what a housing bubble exuberance is like. It leads to a blood bath. When grandma’s with zero income are offered financing to buy over inflated properties, the signs are clear to head for the hills. But greed invariably wins. Housing bubbles are nothing new. Japan suffered a massive crash 2 decades ago and has not recovered since. Will America be any different? Question is who is next? Read the rest of this entry »

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A Grain of Rice, A Drop of Sweat

indexFor many who are blessed with wealth, the thought of homelessness and poverty may be far removed from their realm of reality. For them, these unseen “slaves” of modern society do not exist. These “ghost” workers worked behind the scenes to bring forth the luxuries in the form of iPhones, branded sports shoes and high fashion. They are so far away in another land and their existence is immaterial as long as the goodies are delivered. To them, the world is dichotomous. If you don’t belong to their world, you are just dunk. Life outside their world is not life, mere existence. Read the rest of this entry »

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Financial Chaos

indexSeveral stories are emerging in the financial circle that imminent spell trouble. There are hardly any news that present hope for the financial future. Signs of desperation and despair are ubiquitous. Most MSM news are still not reporting the scale of troubles in the horizon as they should. All that MSM are reporting are tabloid news aimed at gossips and illusions. Should we be overly concerned over jittery events sprouting all over, or should we trust our governments and lay back and watch TV? Read the rest of this entry »

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