Greece Fails To Secure Bailout Funds As Economy Continues To Crash And Burn

Josh Sigurdson and John Sneisen break down the latest news out of Greece as the country fails to secure further bailout funds as their economy continues to crash and fall down a bottomless pit.
This is the inevitable end of all centrally planned fiat empires, especially those running on a globalist monetary system like the Euro.
Greece has gone through bailouts, bail-ins and the populace is buried in debt which makes them especially subservient to their masters.
With an unemployment rate of 23.2%, a youth unemployment rate of 47.9% and a labor force participation rate of 51.9%, Greece teeters on the edge of a cliff and it’s not getting any better until it’s allowed to crash and burn and be rebuilt from scratch by the hand of demand and natural value fluctuation instead of central planning and further manipulation.

We will continue to cover this story. Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Thore Stub Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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2017

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4 Comments

  • resop3
    Reply

    You’re missing the point here. The problem in Greece is that it is the victim of loot and default billionaires who install crooked politicians to give away money to the rich which bankrupts the country and forces them to borrow money on less and less favorable terms. Then the banks move in and enforce “austerity” which means that the government must stop all social services other than the giveaways to the rich. This is what happened in Greece and is what Trump and friends are trying to do in America. It has absolutely nothing to do with fiat currency. It has everything to do with the level of political corruption.

  • milbert-nay mheeler
    Reply

    The people have not had enough yet. Given the chance to vote for change, they continue to vote for more of the same. We can report the truth but we can’t make them go through the process that reverses their down fall. That process will hurt.

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