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Tomorrow Greece Decides: Europe... Or Russia
Zero Hedge ^ | 2/10/15 | Tyler Durden

Posted on 02/10/2015 1:33:52 PM PST by Enlightened1

Greek Defence Minister Panos Kammenos said that if Greece failed to get a new debt agreement with the euro zone, it could always look elsewhere for help.

"What we want is a deal. But if there is no deal - hopefully (there will be) - and if we see that Germany remains rigid and wants to blow apart Europe, then we have the obligation to go to Plan B. Plan B is to get funding from another source," he told Greek television show that ran in to early Tuesday. "It could the United States at best, it could be Russia, it could be China or other countries," he said.

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Foreign Affairs; Israel; News/Current Events; Russia; War on Terror
KEYWORDS: alexistsipras; centralbank; china; eu; europeanunion; greece; israel; mavimarmara; panoskammenos; putinsbuttboys; randsconcerntrolls; russia; syriza; vladtheimploder; waronterror
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There is a 9 out of 10 chance that Greece will not take another bailout from E.U. central bank. The are a lot smaller than we are and they have 26 Trillion in debt. While we have 18 Trillion.

Anyhow, if Greece collapses, then the E.U. will collapse. It will strengthen the U.S. Dollar and expect a flood of immigrants from Europe.

If Greece goes to Russia, then that will be a huge blow to the E.U. I expect other countries to follow.

I would not be surprised if World War III breaks out in either case.

1 posted on 02/10/2015 1:33:52 PM PST by Enlightened1
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To: Enlightened1

Time to separate the Men from the Boys.

And in Greece, that usually only can be done with a crow-bar! OHHH!! Ouch!!


2 posted on 02/10/2015 1:36:36 PM PST by DanielRedfoot (Creepy Ass Cracker)
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To: Enlightened1

If Europe bails on them, I wouldn’t be surprised or blame for seeking out Russia.

The EU has treated them horribly on the one hand, on the other they have been absolutely horrendous in their monetary, economic and social program affairs.

So I won’t give them a pass there, even though I feel they were taken advantage of by Germany and France, the prick nations who are desperate to remain relevant on the world stage and essential in the EU.

Sig Heil!


3 posted on 02/10/2015 1:38:25 PM PST by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: Enlightened1
Germany will not yield.

All sums due on schedule, or default.

They are ready for default and have the necessary liquidity functions in place to save the banks throughout the EU...without Greece.

4 posted on 02/10/2015 1:40:55 PM PST by Mariner (First the GOP must die. Everything else comes after that.)
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To: Enlightened1

I bet the Russians would like getting naval bases in Greece & Crete, in addition to Syria — the may be making a play for bases in Cyprus as well. Taken along with seizing the Crimea, it seems like the Russians are really pushing a Mediterranean strategy.


5 posted on 02/10/2015 1:41:38 PM PST by baltimorepoet
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To: Enlightened1

Anyhow, if Greece collapses, then the E.U. will collapse.
**********
The Greek economy has already collapsed, and the rest of the EU would do well not to continue to prop them up. Let failed communist regimes, petro-dictators, and Putin’s Russia bear the cost of Greek socialism.


6 posted on 02/10/2015 1:42:55 PM PST by Socon-Econ
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To: Enlightened1

Yeah, go get financial help from Russia. LMAO.


7 posted on 02/10/2015 1:44:38 PM PST by TADSLOS (The Event Horizon has come and gone. Buckle up and hang on.)
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To: Enlightened1
Russian bases in Greece - now, that puts Turkey in a bit of a bind, doesn't it? I would not think that NATO would be amused, but given the Islamic propensities of the current Turkish government, I'm not sure I have a dog in that fight.

The U.S. could, of course, lend Greece money directly - that'd be Plan B referenced in the article - but given the frequent insistence on the part of the Left in Greece that the U.S. bow out of Europe, I'm guessing that plan hasn't been much developed here, and in any case if it's that or the Russians take it on, I say go for it, Mr. Putin. Lend them all the money they need.

The dream of the Left has come true - the U.S. is no longer pursuing its imperialist ways in Europe. Let us know how that works out for you all.

8 posted on 02/10/2015 1:53:02 PM PST by Billthedrill
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To: TADSLOS

...because Russia’s where the money is.
[We put the rube in ruble]


9 posted on 02/10/2015 1:58:06 PM PST by sparklite2
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To: Enlightened1
In 2012, the national debt in Greece was around 303.92 billion euros.
10 posted on 02/10/2015 1:58:14 PM PST by Berlin_Freeper
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To: sparklite2

Russians aren’t warm and fuzzy like the post WWII Germans are. They actually expect something in return for their funny money.


11 posted on 02/10/2015 2:02:27 PM PST by TADSLOS (The Event Horizon has come and gone. Buckle up and hang on.)
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To: Enlightened1

they have 26 Trillion in debt. While we have 18 Trillion

************
True but....we have $94 trillion of unfunded liabilities in addition to our $18 trillion in debt.


12 posted on 02/10/2015 2:08:43 PM PST by Starboard
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To: TADSLOS

Yeah. This is strange to me. Why Russia, of all places? Because this is supposed to be a threat or something?

I don’t get it.


13 posted on 02/10/2015 2:09:54 PM PST by rlmorel ("National success by the Democratic Party equals irretrievable ruin." Ulysses S. Grant)
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To: Enlightened1

russia is broke and has no frreign exchange to loan

they need every kopec


14 posted on 02/10/2015 2:12:39 PM PST by bert ((K.E.; N.P.; GOPc.;+12, 73, ..... Obama is public enemy #1)
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To: Enlightened1

Things are gonna get ugly.


15 posted on 02/10/2015 2:18:11 PM PST by StoneWall Brigade (Daniel 2 Daniel 7 Daniel 9 Revelation 13 Revelation 16 Revelation 17 Revelation 18 Revelation 19)
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To: Enlightened1
The are a lot smaller than we are and they have 26 Trillion in debt. While we have 18 Trillion.

Quick googling shows:
The US has a GDP of $17T and debt of $17.8T
The EU has a GDP of $17T and debt of $13.9T

16 posted on 02/10/2015 2:20:09 PM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: Enlightened1
OH NOES! Greece is saying ‘let us spend more of other people's money or we won't follow your limits on us spending more of other people's money so we'll go look elsewhere for other people's money so we can spend more.’

So, you know, it's the same as it always is there. They need a yearly bailout of $5,000 USD for every citizen in the country. Somehow, I don't think any country in the world has an interest in paying $5k for a Greek to stay in Greece. Now, on the other hand, if they were threatening to just simply move to other countries, I'm sure that Germany and other countries might be more inclined to not have Greeks appear en mass and start claiming the local welfare and might be willing to pay Greeks to stay in Greece.

Just my take on it.

17 posted on 02/10/2015 2:21:17 PM PST by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: Enlightened1

The way for Greece, is an expedient enforced bill, with the three letter acronym, Greek ACA.

ACA will require forced purchase by, every euro citizen, a continuing lifetime Greek Mortgage backed security, to be purchased at the Greek Government ACA Exchange.

All Greeks will be declared EXEMPT from this by law.

The U.S. Fed Reserve will serve as Advisors and will engage the CIA, under advice by it’s former Director, of covert operations of indivdual non-compliant euros, to engage in provincial “incidents” on Russian soil.


18 posted on 02/10/2015 2:23:36 PM PST by Varsity Flight (Extortion-Care is is the Government Work-Camp: Arbeitsziehungslager)
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To: Straight Vermonter

Strange... I was able to pull up 18 Trillion. See the following links.

http://www.usdebtclock.org/

and

http://www.brillig.com/debt_clock/

and

http://www.theblaze.com/stories/2014/12/01/u-s-national-debt-soars-to-18-trillion-under-obama/

and

http://zfacts.com/p/461.html


19 posted on 02/10/2015 2:27:11 PM PST by Enlightened1
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To: Enlightened1
It's not that much of a difference. My point was about the EU's debt. It is quite a bit LOWER than ours, about half of what you initially posted.
20 posted on 02/10/2015 2:34:40 PM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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