banksters use deflation myth to get bailouts , page-8

Dub posted this link on the general thread, post no. 322400, yet i am sure you guys would really enjoy the read.

http://www.leap2020.eu/GEAB-N-40-is-available!-Spring-2010-A-new-tipping-point-of-the-global-systemic-crisis-When-the-slip-knot-around-public_a4093.html

i find it sensational where the authors write that the greek debt situation is a beat-up by the yankees in order to deflect attention away from their own financial crisis's - by using the media manipulation.

an example.....greek euro GDP debt percentage is 2.5%.

California is 12% of American GDP.

so why the focus on Greece ?

also, an important note from the article :

The Eurozone, which has the largest gold reserves in the world (13), also includes countries which accumulated budget surpluses until last year, a foreign trade surplus and a central bank which hasnt turned its balance sheet into a pool of rotten or ghost assets (contrary to the Fed in the last 18 months).

p.s. this really puts the Greek situation in context.