Huge protests grow violent over austerity in Greece

[Northern Boy]

Global and regional capitalism has reached a dead-end road and recession is now fully fledged.


Greeks have come to understand there is no sense in the government dissolving the state infrastructure in exchange for bailout loans by global financiers.?

Workers have been increasingly deprived of social benefits and have witnessed the diminishing of labour values in favor of private bankers and investors.?

Unionists, students, pensioners, ordinary people of all ages and from across the class spectrum gathered to show their rising discontent.?

People tried to go through the anti-riot police iron fencing set-up to protect the parliament. It was given to Greek police by the Israeli government along with the carcinogenic tear-gas.?

Police use tear-gas that has been banned by European authorities, classified as a weapon of war as it is not actually a gas but a powder, suitable only for a battlefield.?

Meanwhile the main opposition party leaders condemned the indifference shown by the Greek government, implementing wave after wave of austerity measures.?

Greece only has enough money to last until mid-November. If it does not receive the next bailout, a full-fledged revolt might ensue, unless, according to reports and political analysts, the government resigns or an emergency coalition government is formed to deal with the crisis.?



watch the video here?http://www.presstv.ir/detail/205539.html

[Amer]

Greece only has enough money to last until mid-November. If it does not receive the next bailout, a full-fledged revolt might ensue, unless, according to reports and political analysts, the government resigns or an emergency coalition government is formed to deal with the crisis.



It would appear they have decided to give a second bailout that will arrive in mid-November however it seems that the Greek situation is even worse than feared according to a confidential report today saying that Greece will be unable to return to the markets for at least ten years and "and that a rescue package could require creditors to accept a debt write-down of at least 60%." Before that remember they were talking about a 21% loss on the loans. A growing amount of commentators reckon there is no way that Greece will be able to pay back its debt.

Things are getting worse and worse

Has anyone read the economist Robert Wiedemer's book Aftershock? Or seen the following video?


http://www.youtube.com/watch?v=UseYKxDLnOw

[Scott]

"Has anyone read the economist Robert Wiedemer's book Aftershock? Or seen the following video?"

That video is a 42 minute commercial.
Loaded with programming as well.


Scott

[Amer]

Yes Scott- I should have said that it was heavy with selling the book- but I was just interested to know if someone had already checked out what this economist was saying, seeing that it has been said that he has been right on the mark before.