GREECE BAILOUT- REFERENDUM FALLOUT!?

2 Nov

Greece Bailout

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Just a few days after decision on 2nd Greece rescue package Mr Papandreou surprisingly announces a referendum

a peoples vote yes or no! As respect for democracy but a thorn for EURO LEADERS it´s up to the GREECE NATION to

take final decision. Maybe Papandreou understands that it´s reprecussions reach far outside GREECE&EUROPE in case

of a GREECE DEFAULT! The rescue package at hand also first hand save some large US BANK&INSTITUTIONS and partly UK

BANKS now heavily selling CDS (Credit default swaps) insurances to GREECE DEBT LENDERS. In case of a default they must

payout! Not in their interest! A clear 2008 CRASH RELOAD! Not to forget during final late night hours during the OCT. 26th

GREECE package negociations Mrs MERKEL pressed Mr DALLARA “International Bank Association”in best

Hollywood style “GODFATHER”phrasing “We make you an offer you cannot refuse” Either take the 50% Greece Haircut

or we let GREECE DEFAULT. Mr DALLARA consented Haircut as proposed to be taken by all private lenders.

Hopefully Mrs Merkel expand her persuading powers to derail impact from  Referendum FALLOUT!

Are we seeing the final struggle from Mr Papandreou to remain in power avoiding a quick new election.

A gracefull stepdown seems in place after coming Fridays confidence vote!

EUROZONE FLAW CORRECTIONS

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Current crisis is clearly systemic  not only linked to Greece debt.

Challenge for Euro Leaders to find FORMULA how to FIX inherent flaws in the monetary union leading

to a deepend political & Economical EUROZONE. Total Eurozone debt must be controlled  by ECB actions

in creating new money supply without printing new bills. New ECB Leader Mr Draghi must quickly set a mark

by lowering: interest rates? QE programs like US ? Introduction Euro Bonds?

CREATIVE ECB MANDATE as a FRONTLINE DEFENSE to save FORTRESS EUROPE and GLOBAL GROWTH expectations.

HIDDEN BILLIONS in GREECE BANKS as found in a GERMAN BANK?

CSI BANK TEAM  SAVE EURO MISSION!

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