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  • Friday, February 10, 9:13 AM Greece's largest police union accuses EU and IMF officials of "blackmail, covertly abolishing or eroding democracy and national sovereignty," and threatens their arrest, specifically mentioning the IMF's Poul Thomsen and the ECB's Klaus Masuch. "You cannot make us fight against our brothers."
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This news story has 17 comments:

  •  
    yea, good luck with solving ANY of the problems on their own
    10 Feb, 09:16 AM Reply Like
  •  
    You honestly couldnt make this stuff up... I am going for a Summer 2013 Blockbuster starring Paul Giamatti in some role, along with Kevin Spacey...

    "Europe: The Fight Amoungst Brothers"

    Directed by Oliver Stone
    10 Feb, 09:17 AM Reply Like
  •  
    It's a good damn start, now we need more around this world, the EU, IMF, ECB etc etc etc are the thieving problem..... let the riots begin!!
    10 Feb, 09:19 AM Reply Like
  •  
    Yeah, they need to learn there are consequences for meddling with everyone's finances.
    10 Feb, 09:45 AM Reply Like
  •  
    Where's our Delaware man?
    10 Feb, 09:25 AM Reply Like
  •  
    You mean Tiny Tim G ? Send him over there, he'll fix it in a week. He can take J. Dimon and J. Corzine and all will be well soon. Of course we won't have a clue how they did it, but the problem will magically go away.
    10 Feb, 02:00 PM Reply Like
  •  
    Power to the Greeks, damn rights!!, smallest country in the EU with the biggest balls, may the rest of police unions around the world start doing the same..... until these callous crooked central bankers are exterminated and a whole lot of other crooked crony capitalists along with them, this world will always be a manipulated financial nightmare!
    10 Feb, 09:54 AM Reply Like
  •  
    This has got to be the funniest market current of the week...
    10 Feb, 11:34 AM Reply Like
  •  
    They should just let Greece default 1000 times over. If these ungrateful people don't know what's good for them then why not? Then these people can see what it's like not to have a central bank pouring undeserved money into your nation. Then they will all go crying back to the IMF ECB when it comes time for their retirement and they lost everything.
    10 Feb, 12:22 PM Reply Like
  •  
    Once they default, go back to the drachma, and experience depression worse than the 30s and hyperinflation comparable with Weimar Republic, they'll come begging for IMF again.

    By then, no one would care about them and just let them die like Zimbabwe is right now.
    10 Feb, 02:09 PM Reply Like
  •  
    ^^ but the tourism industry will be booming! One US dollar can buy 99 fallafels!
    10 Feb, 02:12 PM Reply Like
  •  
    And US$2 you can close the Acropolis for private viewing
    10 Feb, 02:14 PM Reply Like
  •  
    And a private wedding.
    10 Feb, 03:54 PM Reply Like
  •  
    We've gone from being stupid to amusing. I think it is an improvement
    10 Feb, 12:36 PM Reply Like
  •  
    Greece will be better-off within a few years as masters of their own destiny.
    10 Feb, 02:53 PM Reply Like
  •  
    Socialism is great until you run out of someone else's money.
    10 Feb, 03:57 PM Reply Like
  •  
    Over a period stretching well into next week there will be a confusing shift back and forth of positive and negative rumors and prognoses respecting the outcome of the current negotiations respecting various aspects of the Greek sovereign debt, general economic, and fiscal predicaments. It will be difficult to separate what in all this is meaningful from the general background ‘noise’.

    Arguably the first 4 links below each give a useful overview of the situation from a broader perspective of what short term agreements may be patched together. Interestingly, they all assume that short term agreements will occur, doubt that these agreements alone will suffice in the longer term and suggest that the impact of radical austerity entailed in the proposed agreement between the Troika and Greece must be offset by an effective and immediate growth strategy. To my mind, the summary of the analysis in Süddeutsche Zeitung set out in the first link is the closest to the mark. The article from The Economist is also of special interest.

    http://bit.ly/zZLr0b

    http://bit.ly/A8ztdm

    http://econ.st/wG9D3R

    http://bit.ly/AhG4fL

    The concluding two articles describe the political posturing within the Greek political Parties and some hint of positive economic and fiscal indications. While there is always a chance that the Greek political situation will implode disastrously at this critical time, it arguably would be a misreading of the political dynamic to assume that the Greek Parliament will not support the current Prime Minister (i.e. individual legislators and smaller Parties will strike poses against austerity for political advantage on the assumption that the painful measures will be enacted by the votes of others and that they themselves will not have to take responsibility for ensuing chaos and misery entailed in Greece exiting the EU).

    http://bit.ly/yNs8VJ

    http://bit.ly/A63m7U
    10 Feb, 04:15 PM Reply Like
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