This is exactly the situation in Greece and in some issues even worst. Social peace in Greece does not exist.

The Slog.

BEDLAM CREATED BY EU/BERLIN LUNATICS TAKES OVER IN ATHENS

Facing the threat of a delay in the disbursement of bailout instalments from the Troika, Greece’s caretaker government has suspended rebates and payments to suppliers of the public sector. All loans by banks to any business, regardless of viability, have been stopped. In the absence of safe ways to sell, 74% of Greek companies are focused on debt reduction. And foreign companies importing to Greece are demanding money up front.

The Troika’s crazy austerity and repayment schedules demand a Greek economy going at Full Ahead Both. It is now on Silent All Stop.

Thanks to cut-off threats from Berlin-am-Brussels, the Athens government has stopped paying suppliers, foreign importers will not ship until upfront cash has been received and confirmed, and banks have been instructed to lend nothing to either domestic or business borrowers.

The personal loans ban has been framed…

View original post 371 more words

1 Comment

  1. Does that mean what I think it means?


Comments RSS TrackBack Identifier URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s