Ian Pollard: Dixons Abandons Smartphone Sales in Greek Stores
Dixons Carphone plc DC Greece had become the jewel in Dixons international empire with like for like sales up 9% but it looks like that will not last for long unless Dixons management can start getting its act together. Smart phones is its problem. At one of its biggest Kotsovoulos stores in Athens it has […]
EU Tells Greece To Spend, Spend, Spend
The Troika which rules Greece has imposed austerity on Greece the likes of which have never been seen in peacetime. Now, all of a sudden a scapegoat is required for Europes immigration problem as Schengen becomes Europe sans frontieres and Greece is ordered to spend millions in defending what were untila few weeks ago, Europes […]
Greek Rip Off For Syrian Refugees
Greek tourism has had an excellent summer, save that on the islands which were the main targets for the refugee smugglers, the huge influx of refugees brought an early end to the season, as tourists stayed away in droves. Traders on one of these islands decided to make good their losses by introducing a dual pricing.system – normal prices […]
Germans Have Stopped Making Enough Babies
Germans are not making enough babies with the result that the country is now sitting on a very ugly demographic time bomb. Why ? is the question. Has nookie and rumpty tumpty suddenly become unfashionable amongst the denizons of the Munich beer halls and the Berlin cabaret bars. Do lederhosen and those voluminous Dirndl skirts […]
Troika Abolishes Democracy in Greece
The publication of the requirements which the Troika is imposing on Greece, contains frightening restrictions for any who believed there was hope of a free, united and democratic Europe. 1. The Greek administration will de politicised under the supervision of the European Commission and replaced by a government of technocrats controlled by the EC. So the present […]
German Economy Soars on the Back of Greek Austerity
Over the past 5 years the German economy has soared as the Euro has become weaker and weaker on the international currency stage. Not all that many years ago the the DAX was at about the same level as Londons FTSE, which has remained stuck at under 7,000 whist the DAX has gone ahead in […]
It Looks Like OXI and Europe Calls for Overthrow of the Greek Government
A week ago Greece’s debt suddenly became irrelevant to the unelected officials of the ECB, the IMF and the Eurozone. For the last 7 days solving the debt problem has hardly received a mention. The Troika suddenly lost interest in it, for a far more insidious threat. The Greek government was doing the unthinkable, it […]
Greece On the Brink of Collapse
After only four days of closed banks the Greek economy is already collapsing. Manufacturers who need to import basic materials can no longer do so and are facing closure. Supplies of basic medicines will soon begin to run out. Whether you are dying of cancer or just suffering from hay fever, will become irrelevant. Supermarket […]
Is the IMF For Real ?
After years of subjecting the Greek economy to the closest and longest scrutiny to which any modern economy has been subjected, the IMF has suddenly at the 11th hour, claimed to have “discovered” that Greece will need an extra 50 billion Euros over the next three years. Who are these people who preside over the […]
U.S. Official Warns of Assassination of Greek Government
As long ago as February, US Treasury official Paul Craig Roberts warned that the Greek government could be assassinated if it turned to Russia for help. Dr Roberts in a recent interview said ” “The Greek people and the Greek government have before them the unique opportunity to prevent World War III. All the Greek […]