The Tide Is Turning: Obama “Expresses Sympathy” For Greece; Lazard Says 50% Greek Haircut “Reasonable”!

• I mentioned this before: Greece has all the cards and not the Troika! A default by Greece can bankrupt many TBTF banks (who own the Illuminist politicians) and can cascade worldwide via CDS (Credit Default Swaps) … financial derivatives … to a worldwide financial system collapse or at the very least the collapse of the western financial system. That’s the reality.
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• The Troika will back down or it is “Show Time”: the end of their shenanigans: their backdoor bailout of their own banks and banksters by screwing the Greek people! The end of their corrupt financial and monetary system!
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• The Tide Is Turning: Obama “Expresses Sympathy” For Greece; Lazard Says 50% Greek Haircut “Reasonable”! 
  by Tyler Durden, www.zerohedge.com
  The newsflow over the past several days was progressing much as expected: any time Greece demanded a bailout renegotiation (or termination), and an end to the Troika, Germany just said “Nein”, most recently on Saturday when Merkel told Hamburger Abendblatt‘s “that banks and creditors had already forgiven a considerable amount of Greece’s debt and that she rejected any further concessions. “There has already been voluntary debt forgiveness by private creditors, banks have already slashed billions from Greece’s debt,” Merkel told the paper, adding: “I do not envisage fresh debt cancellation.” She added that “Europe will continue to show its solidarity with Greece, as with other countries hard hit by the crisis, if these countries carry out reforms and cost-saving measures.”
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  As a reminder, the contentious topic at the heart of the latest scandal rocking Europe is that the new Greek government has said it wants to negotiate to halve the country’s debt, which still amounts to more than 315 billion euros despite a debt restructuring at the start of 2012 that cut the burden by some 100 billion euros.
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