Greeks Reject Austerity with Landslide ‘NO’ Vote, Finance Minister Resigns

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With a vote of nearly 61% rejecting the bailout proposal, Greece is steadily heading towards ejection from the Euro Zone analysts say. Following the vote, Greece’s maverick finance minister, Yanis Varoufakis, announced his resignation. “I shall wear the creditors’ loathing with pride,” he wrote on his blog.

Financial Times is now reporting that Greek banks are preparing to raid deposits to avoid the collapse via a “haircut” of of at least 30 percent on deposits above €8,000. Grocery stores in Greece are nearly wiped out. Associated Press photos show barren shelves as people scramble to get stocked up on everything they can head of whatever is coming next.

Greece has “destroyed the last bridges across which Europe and Greece could have moved toward a compromise. Tsipras and his government are leading the Greek people onto a path of bitter sacrifice and hopelessness,” Germany’s deputy chancellor, Sigmar Gabriel, told the Berlin daily Der Tagesspiegel.

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  • Whoever was predicting a close election is probably related to whomever said that the Greeks would accept austerity. Now on to the rest of the porcine countries.

  • Joe2D2

    Come for the scum, stay for the villainy, spend your collapse in your favorite wretched hive. When it’s over, they’ll be glad they did. When they get their sovereignty back, their laws back, their own economy back and the globalist scum are being hunted for their acts of villainy, it will be a better time for Greece. Just hope Portugal, Italy and Spain make their move soon.

  • Mike

    Good, once they get out of the EU and start kicking out the idiots in their government, maybe then they can start building a decent economy again.

    • arahn

      I’d be surprised if the EU will allow Greece to leave. It will be interesting to see if the EU will make a debut use of the EU army.

    • ccambridge

      But they don’t want to work. They suck off the nanny state’s teats.

      • Mike

        yes, but that teat has become a bitter pill.

  • berrybestfarm

    Greece accounts for just under 1% of the World economy. There will be weeping and nashing of the teeth by the powers that be–much ado about nothing and the world will go on.

  • Joe2D2

    The Greeks said screw off, Italy, Portugal and Spain may follow. Then the EU may dissolve at some point. Then the global economic system will be upset. Then the same people that caused the problem will offer you their solution of a cashless system tied to a single monetary base. And everyone lives miserably ever after. The end.

  • Smarty

    Coming soon, to a country near YOU…..

  • Frank Energy

    Can a 9 year old understand the WHOLE issue broken down this simply?———–

    Well my thoughts are that if we cannot solve the most basic problem
    of a group of “elite” sociopaths who already control much of the world, but are now pushing hard to establish iron clad worldwide control…..

    if we let it happen, if we do not expose it for the evil that it is……..

    then all the other problems are moot

    Very topical….The Euro was created to allow a diverse group of
    countries to come under one control, by debt slavery, and Greece is a test case, the whole NWO plot could unravel because of 11 million Greekschoosing to flip them the bird, which they have so far,

    But don’t underestimate the power or desperation of the sociopaths
    that will do anything to get Greece to return to the debt slave prison.
    THEY want the Greeks to suck down Austerity, whilst the STB sociopaths that be collect their trinkets/interest.

  • ccambridge

    Greece is going to be burning again when the sheeple don’t get their freebies.