Monday, August 3, 2015

The Greek Banksters of Triskelion

August 3, 2015
Greek stock market tumbles after five-week shutdown

This all puts Greek bank shares in the spotlight. Recapitalisation, both long- and short-term, waters down the value of existing shares. The banks are also not making profits this year and have lots of bad loans.

We're free people. We belong to no one.


Who Struck John said...

The Greek people voted for moonshine and rainbows, paid for at European expense. In reality that was never a choice. In the final extremity, the political leadership chose to live on their knees rather than die on their feet. I feel very sorry for the Greek people as they would have been far better off with Grexit 5 years ago, or 3 years ago, or even now. They have been sentenced to generations of poverty.

Stagflationary Mark said...

Who Struck John,

The free lunch came with an economic prison sentence. Sigh.