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PIIGS / Europe's Debt Troubles

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http://www.zerohedge.com/news/2015-01-27/greeces-new-finmin-explains-what-happens-when-you-humiliate-nation-give-it-no-hope

 

Greece's New FinMin Explains "This Is What Happens When You Humiliate A Nation & Give It No Hope"

 

"This is not blackmail ..... we simply want to end this seemingly never-ending Greek Crisis." .... "this is what happens when you humilate a nation and don't give it any hope." .... "bankruptcy cannot be dealt with by borrowing more," .... "how can I look the German and Finnish taxpayer in the eye and tell them you know I can't really pay you the money I have already borrowed from you..." but lend me more so I can pay back the ECB?

As Varoufakis explains, he believes Europe is willing to negotiate haircuts - anything else appears a waste of time.

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If I was Greek, I'd be cheering for the new government.

They ain't letting the banksters steal any more Greek assets.

I hope they sequestrate all those Greek assets which have been stolen by the filthy elites

 

It begins: GREECE TO HALT SALE OF PIRAEUS PORT STAKE, DRTSAS SAYS: REUTERS

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