Connect with us

Latest

Hellenic Insider

Europe

The ponzi scheme that is the Eurozone. With over 26% unemployment, Greece is awarded fastest growing European economy [Chart]

With 26% unemployment, Greece was the fastest growing country in the Euro Area in the third quarter. You can’t make this shit up anymore.

Alex Christoforou

Published

on

0 Views

You gotta love the EU’s warped sense of reality. Brussels new normal includes record economic growth with record unemployment. And with that said, Greece is Europe’s new economic powerhouse, killing it with record GDP growth…OPA!

Via Zerohedge:

As reported earlier, Germany’s economy (accounting for about 30% of the Eurozone) avoided a recession by the narrowest of seasonally-adjusted margins when somehow, the Eurostat econometricians managed to calculate with laserlike precision that its economy grew by 0.1% in Q3, reversing the contraction from the previous quarter on hopes the Ukraine situation has now stabilized.

So far so good, but an even more amusing observation arises when looking at which was the fastest growing country in the Euro Area in the third quarter. The answer, courtesy of Eurostat, is that the nation whose GDP rose the most in Q3, surpassing Germany, Finland, the Netherlands, Austria and well, everyone else, was, drumroll…

Greece.

Yes, the same Greece whose latest unemployment reading was 25.9%, or more than where it was during the US Great Depression.

Ah Europe, never change.

Eurozone GDP_0

Thinking it over a bit, this may actually make some sense. After the criminal elites, perched on their thrones in Brussels, bought up all the prime infrastructure at pennies on the drachma, the Europhiles and banksters, can now crank up the action again and start cashing in on their awesome profits.

It’s worth noting that sitting next to Greece on the top of the list are countries just as broke and f**ed up as Hellas…Slovakia, Spain, Lithuania, Latvia, France and Portugal.

BOOYAH baby, its great to be an EU Oligarch.

References:

http://www.zerohedge.com/news/2014-11-14/and-259-unemployment-fastest-growing-economy-eurozone

Liked it? Take a second to support The Duran on Patreon!
Advertisement
43 Comments

43
Leave a Reply

avatar
43 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
7 Comment authors
xfwmrt5gzngfw5wtrjfgxe85mrwfqdcm59x4ctxckw54mtdfsgw9j5nwmtxm845wctfkdijtfdhskdsftrg83yrerxt5m8ct4ykwk7rdywx8t54w5ctxsdfcmv49wyn6vectn84wv5tect45fc5 Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
nightscape18
Guest

RT @redpilltimes: The ponzi scheme that is the EU. W/over 26% unemployment, Greece is awarded fastest growing Eurozone economy http://t.co/…

GreeGreece
Guest

The ponzi scheme that is the Eurozone. With over 26% unemployment, Greece is awarded fastest growing European economy http://t.co/ghru7hzndQ

Mike_Peake
Guest

RT @GreeGreece: The ponzi scheme that is the Eurozone. With over 26% unemployment, Greece is awarded fastest growing European economy http:…

docmorry
Guest

RT @GreeGreece: The ponzi scheme that is the Eurozone. With over 26% unemployment, Greece is awarded fastest growing European economy http:…

PunchUinFACE
Guest

RT @GreeGreece: The ponzi scheme that is the Eurozone. With over 26% unemployment, Greece is awarded fastest growing European economy http:…

pirate_larry
Guest

RT @GreeGreece: The ponzi scheme that is the Eurozone. With over 26% unemployment, Greece is awarded fastest growing European economy http:…

forumeditor
Guest

RT @GreeGreece: The ponzi scheme that is the Eurozone. With over 26% unemployment, Greece is awarded fastest growing European economy http:…

trackback

The Silent Shard

This can possibly be fairly helpful for a few within your work I decide to really don’t only with my blog site but

trackback

Third Flower

My wife and that i are now delighted that Albert could carry out his scientific tests on account of the thoughts he had via your website. It can be every so often perplexing to simply generally be giving freely ways which many people might have been pr…

trackback

The Silent Shard

This could almost certainly be pretty handy for some of your respective employment I decide to don’t only with my web site but

trackback

The Ships’s Voyages

I believe technologies just can make it even worse. Now there is a channel to never treatment, now there would not be a likelihood for them to discover.

trackback

The Ships’s Voyages

I think know-how just can make it even worse. Now there’s a channel to never care, now there won’t be a possibility for them to find out.

trackback

The Ships’s Voyages

I think technology just makes it worse. Now there is a channel to by no means treatment, now there will not become a probability for them to find out.

trackback

Souls in the Waves

Fantastic Morning, I just stopped in to go to your website and believed I would say I loved myself.

trackback

Woman of Alien

Great perform you might have finished, this site is actually cool with superb information and facts. Time is God’s method of keeping every thing from happening directly.

trackback

Thorn of Girl

Great details is usually observed on this net web site.

trackback

The Absent Game

Between me and my husband we’ve owned far more MP3 gamers over time than I can count, such as Sansas, iRivers, iPods (classic & touch), the Ibiza Rhapsody, etc. But, the last few many years I’ve settled down to one line of gamers.

trackback

The Birch of the Shadow

I believe there may well be considered a several duplicates, but an exceedingly helpful checklist! I’ve tweeted this. Numerous thanks for sharing!

trackback

The Slave of the Husband

Seeking ahead to researching added from you afterward!…

trackback

The Birch of the Shadow

I believe there may perhaps become a couple duplicates, but an exceedingly handy listing! I’ve tweeted this. Several thanks for sharing!

trackback

Healing’s Dragon

to search out troubles to further improve my website!I suppose its ok to help make usage of a number of of one’s ideas!!

trackback

Souls in the Waves

Great Morning, I just stopped in to go to your website and considered I would say I enjoyed myself.

trackback

Third Flower

My spouse and that i are already now delighted that Albert could execute his scientific studies on account of the tips he had as a result of your web content. It truly is now and again perplexing to only constantly be giving freely ways which lots of p…

trackback

[…] The ponzi scheme that is the Eurozone. With over 26% unemployment, Greece is awarded fastest growing… The BS from the E.U Nov 2014…..Wow…That's sounds familiar. Sign in or Register Now to reply […]

trackback

Souls in the Waves

Good Early morning, I just stopped in to visit your website and believed I would say I appreciated myself.

trackback

The Absent Game

Among me and my husband we have owned extra MP3 gamers through the years than I can count, which include Sansas, iRivers, iPods (common & touch), the Ibiza Rhapsody, etc. But, the last few a long time I’ve settled down to one line of players.

trackback

Healing’s Dragon

to discover problems to improve my website!I suppose its alright to make utilization of some of your respective principles!!

trackback

The Ships’s Voyages

I believe engineering just causes it to be worse. Now there is a channel to in no way care, now there will not become a prospect for them to find out.

trackback

The Silent Shard

This may almost certainly be rather useful for many of the employment I intend to never only with my blog but

trackback

Thorn of Girl

Excellent facts may be located on this online blog.

trackback

The Birch of the Shadow

I feel there may well be a few duplicates, but an exceedingly handy record! I have tweeted this. A lot of thanks for sharing!

trackback

Healing’s Dragon

to seek out problems to enhance my internet site!I suppose its okay for making usage of some of the principles!!

trackback

Souls in the Waves

Superior Early morning, I just stopped in to visit your website and thought I would say I loved myself.

trackback

The Birch of the Shadow

I believe there could be considered a couple of duplicates, but an exceedingly helpful record! I’ve tweeted this. Quite a few thanks for sharing!

trackback

The Silent Shard

This could most likely be very useful for some within your work opportunities I decide to really don’t only with my blog but

trackback

The Absent Game

Concerning me and my husband we have owned a lot more MP3 gamers through the years than I can count, like Sansas, iRivers, iPods (typical & touch), the Ibiza Rhapsody, etc. But, the last few several years I’ve settled down to one line of gamers.

trackback

ccn2785xdnwdc5bwedsj4wsndb

[…]please stop by the web pages we stick to, including this 1, as it represents our picks through the web[…]

trackback

xcmwnv54ec8tnv5cev5jfdcnv5

[…]that could be the end of this article. Right here you will locate some sites that we believe you’ll enjoy, just click the links over[…]

trackback

Title

[…]usually posts some incredibly intriguing stuff like this. If you are new to this site[…]

trackback

Title

[…]Here are some of the web-sites we advise for our visitors[…]

trackback

Title

[…]the time to read or visit the content or web pages we have linked to below the[…]

trackback

Title

[…]we came across a cool site that you just might enjoy. Take a appear in the event you want[…]

trackback

Title

[…]although internet websites we backlink to below are considerably not connected to ours, we really feel they are actually really worth a go by way of, so possess a look[…]

Latest

Major Syrian Army Assault On Southeast Idlib As Sochi Deal Unravels

Though the Syrian war has grown cold in terms of international spotlight and media interest since September, it is likely again going to ramp up dramatically over the next few months. 

Published

on

Via Zerohedge


The Syrian Army unleashed a major assault across the southeastern part of Idlib province on Saturday, a military source told Middle East news site Al-Masdar in a breaking report. According to the source, government forces pounded jihadist defenses across the southeast Idlib axis with a plethora of artillery shells and surface-to-surface missiles.

This latest exchange between the Syrian military and jihadist rebels comes as the Sochi Agreement falls apart in northwestern Syria, and in response to a Friday attack by jihadists which killed 22 Syrian soldiers near a planned buffer zone around the country’s last major anti-Assad and al-Qaeda held region. The jihadist strikes resulted in the highest number of casualties for the army since the Sochi Agreement was established on September 17th.

Though the Syrian war has grown cold in terms of international spotlight and media interest since September, it is likely again going to ramp up dramatically over the next few months.

The Al-Masdar source said the primary targets for the Syrian Army were the trenches and military posts for Hay’at Tahrir Al-Sham in the towns of Al-Taman’ah, Khuwayn, Babulin, Haish, Jarjanaz, Um Jalal, and Mashirfah Shmaliyah. In retaliation for the Syrian Army assault, the jihadist rebels began shelling the government towns of Ma’an, Um Hariteen, and ‘Atshan.

Damascus has been critical of the Sochi deal from the start as it’s criticized Turkey’s role in the Russian-brokered ceasefire plan, especially as a proposed ‘de-militarized’ zone has failed due to jihadist insurgents still holding around 70% of the planned buffer area which they were supposed to withdraw from by mid-October. Sporadic clashes have rocked the “buffer zone” since.

Russia itself recently acknowledged the on the ground failure of the Sochi agreement even as parties officially cling to it. During a Thursday press briefing by Russian Foreign Ministry Spokesperson Maria Zakharova admitted the following:

We have to state that the real disengagement in Idlib has not been achieved despite Turkey’s continuing efforts to live up to its commitments under the Russian-Turkish Memorandum of September 17.

This followed Russia also recently condemning  “sporadic clashes” and “provocations” by the jihadist group HTS (the main al-Qaeda presence) in Idlib.

Likely due to Moscow seeing the writing on the wall that all-out fighting and a full assault by government forces on Idlib will soon resume, Russian naval forces continued a show of force in the Mediterranean this week.

Russian military and naval officials announced Friday that its warships held extensive anti-submarine warfare drills in the Mediterranean. Specifically the Russian Black Sea Fleet’s frigates Admiral Makarov and Admiral Essen conducted the exercise in tandem with deck-based helicopters near Syrian coastal waters.

Notably, according to TASS, the warships central to the drill are “armed with eight launchers of Kalibr-NK cruise missiles that are capable of striking surface, coastal and underwater targets at a distance of up to 2,600 km.”

Since September when what was gearing up to be a major Syrian-Russian assault on Idlib was called off through the Russian-Turkish ceasefire agreement, possibly in avoidance of the stated threat that American forces would intervene in defense of the al-Qaeda insurgent held province (also claiming to have intelligence of an impending government “chemical attack”), the war has largely taken a back-burner in the media and public consciousness.

But as sporadic fighting between jihadists and Syrian government forces is reignited and fast turning into major offensive operations by government forces, the war could once again be thrust back into the media spotlight as ground zero for a great power confrontation between Moscow and Washington.

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

Latest

Trump Quietly Orders Elimination of Assange

The destruction of Assange has clearly been arranged for, at the highest levels of the U.S. Government, just as the destruction of Jamal Khashoggi was by Saudi Arabia’s Government.

Eric Zuesse

Published

on

On June 28th, the Washington Examiner headlined “Pence pressed Ecuadorian president on country’s protection of Julian Assange” and reported that “Vice President Mike Pence discussed the asylum status of Julian Assange during a meeting with Ecuador’s leader on Thursday, following pressure from Senate Democrats who have voiced concerns over the country’s protection of the WikiLeaks founder.” Pence had been given this assignment by U.S. President Donald Trump. The following day, the Examiner bannered “Mike Pence raises Julian Assange case with Ecuadorean president, White House confirms” and reported that the White House had told the newspaper, “They agreed to remain in close coordination on potential next steps going forward.”

On August 24th, a court-filing by Kellen S. Dwyer, Assistant U.S. Attorney for the Alexandria Division of the Eastern District of Virginia, stated: “Due to the sophistication of the defendant and the publicity surrounding the case, no other procedure [than sealing the case, hiding it from the public] is likely to keep confidential the fact that Assange has been charged. … This motion and the proposed order would need to remain sealed until Assange is arrested in connection with the charges in the criminal complaint and can therefore no longer evade or avoid arrest and extradition in this matter.” That filing was discovered by Seamus Hughes, a terrorism expert at the Program on Extremism at George Washington University. On November 15th, he posted an excerpt of it on Twitter, just hours after the Wall Street Journal had reported on the same day that the Justice Department was preparing to prosecute Assange. However, now that we know “the fact that Assange has been charged” and that the U.S. Government is simply waiting “until Assange is arrested in connection with the charges in the criminal complaint and can therefore no longer evade or avoid arrest and extradition in this matter,” it is clear and public that the arrangements which were secretly made between Trump’s agent Pence and the current President of Ecuador are expected to deliver Assange into U.S. custody for criminal prosecution, if Assange doesn’t die at the Ecuadorean Embassy first.

On November 3rd (which, of course, preceded the disclosures on November 15th), Julian Assange’s mother, Christine Ann Hawkins, described in detail what has happened to her son since the time of Pence’s meeting with Ecuador’s President. She said:

He is, right now, alone, sick, in pain, silenced in solitary confinement, cut off from all contact, and being tortured in the heart of London. … He has been detained nearly eight years, without trial, without charge. For the past six years, the UK Government has refused his requests to exit for basic health needs, … [even for] vitamin D. … As a result, his health has seriously deteriorated. … A slow and cruel assassination is taking place before our very eyes. … They will stop at nothing. … When U.S. Vice President Mike Pence recently visited Ecuador, a deal was done to hand Julian over to the U.S. He said that because the political cost of expelling Julian from the Embassy was too high, the plan was to break him down mentally…   to such a point that he will break and be forced to leave. … The extradition warrant is held in secret, four prosecutors but no defense, and no judge, … without a prima-facie case. [Under the U.S. system, the result nonetheless can be] indefinite detention without trial. Julian could be held in Guantanamo Bay and tortured, sentenced to 45 years in a maximum security prison, or face the death penalty,” for “espionage,” in such secret proceedings.

Her phrase, “because the political cost of expelling Julian from the Embassy was too high” refers to the worry that this new President of Ecuador has, of his cooperating with the U.S. regime’s demands and thereby basically ceding sovereignty to those foreigners (the rulers of the U.S.), regarding the Ecuadorian citizen, Assange.

This conservative new President of Ecuador, who has replaced the progressive President who had granted Assange protection, is obviously doing all that he can to comply with U.S. President Trump and the U.S. Congress’s demand for Assange either to die soon inside the Embassy or else be transferred to the U.S. and basically just disappear, at Guantanamo or elsewhere. Ecuador’s President wants to do this in such a way that Ecuador’s voters won’t blame him for it, and that he’ll thus be able to be re-elected. This is the type of deal he apparently has reached with Trump’s agent, Pence. It’s all secret, but the evidence on this much of what was secretly agreed-to seems clear. There are likely other details of the agreement that cannot, as yet, be conclusively inferred from the subsequent events, but this much can.

Basically, Trump has arranged for Assange to be eliminated either by illness that’s imposed by his Ecuadorean agent, or else by Assange’s own suicide resulting from that “torture,” or else by America’s own criminal-justice system. If this elimination happens inside the Ecuadorean Embassy in London, then that would be optimal for America’s President and Congress; but, if it instead happens on U.S. soil, then that would be optimal for Ecuador’s President. Apparently, America’s President thinks that his subjects, the American people, will become sufficiently hostile toward Assange so that even if Assange disappears or is executed inside the United States, this President will be able to retain his supporters. Trump, of course, needs his supporters, but this is a gamble that he has now clearly taken. This much is clear, even though the rest of the secret agreement that was reached between Pence and Ecuador’s President is not.

Scooter Libby, who had arranged for the smearing of Valerie Plame who had tried to prevent the illegal and deceit-based 2003 invasion of Iraq, was sentenced to 30 months but never spent even a day in prison, and U.S. President Trump finally went so far as to grant him a complete pardon, on 13 April 2018. (The carefully researched docudrama “Fair Game” covered well the Plame-incident.) Libby had overseen the career-destruction of a courageous CIA agent, Plame, who had done the right thing and gotten fired for it; and Trump pardoned Libby, thus retroactively endorsing the lie-based invasion of Iraq in 2003. By contrast, Trump is determined to get Julian Assange killed or otherwise eliminated, and even Democrats in Congress are pushing for him to get that done. The new President of Ecuador is doing their bidding. Without pressure from the U.S. Government, Assange would already be a free man. Thus, either Assange will die (be murdered) soon inside the Embassy, or else he will disappear and be smeared in the press under U.S. control. And, of course, this is being done in such a way that no one will be prosecuted for the murder or false-imprisonment. Trump had promised to “clean the swamp,” but as soon as he was elected, he abandoned that pretense; and, as President, he has been bipartisan on that matter, to hide the crimes of the bipartisan U.S. Government, and he is remarkably similar in policy to his immediate predecessors, whom he had severely criticized while he was running for the Presidency.

In any event, the destruction of Assange has clearly been arranged for, at the highest levels of the U.S. Government, just as the destruction of Jamal Khashoggi was by Saudi Arabia’s Government; and, just like in Khashoggi’s case, the nation’s ruler controls the prosecutors and can therefore do whatever he chooses to do that the rest of the nation’s aristocracy consider to be acceptable.

The assault against truth isn’t only against Assange, but it is instead also closing down many of the best, most courageous, independent news sites, such as washingtonsblog. However, in Assange’s case, the penalty for having a firm commitment to truth has been especially excruciating and will almost certainly end in his premature death. This is simply the reality. Because of the system under which we live, a 100% commitment to truth is now a clear pathway to oblivion. Assange is experiencing this reality to the fullest. That’s what’s happening here.

—————

Investigative historian Eric Zuesse is the author, most recently, of  They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of  CHRIST’S VENTRILOQUISTS: The Event that Created Christianity.

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

Latest

Libya’s Peace Process Dies in Palermo

The best the Palermo negotiators could come up with at the end was a bland statement declaring their hope that sometime in the future all the Libyan forces will meet to sort out their differences.

Published

on

Authored by Richard Galustian for the Ron Paul Institute for Peace and Prosperity:


“Resounding flop” was the verdict of Italy’s former prime minister Matteo Renzi on this week’s Libya peace conference held in Palermo. He’s not wrong. The conference hosted by Italy’s new government achieved the remarkable feat of making Libya’s tensions worse, not better. Acrimony broke out between the parties, and Turkey’s delegation walked out, its vice president Fuat Oktay accusing unnamed States of trying to “hijack the process.”

Some sources in Palermo suggested, yet to be verified, that the US thought the Conference was not too bad: a joke if true.

Moreover the mystery we might ask is what “process” is there to hijack? Because the truth is, the peace plan the conference was supporting is already dead.

That plan was the brainchild of the United Nations, launched more than a year ago with the aim of ending Libya’s split between warring Eastern and Western governments with elections in December.

Even before the first delegates set foot in the pleasant Sicilian city of Palermo this week, the UN admitted the election date of December 10 they had decided to scrap.

The eastern government, led by the parliament in Tobruk, had made moves in the summer to organize a referendum on a new constitution which would govern the elections. But no referendum was held, and most Libyans agree it would be pointless because Tripoli, home to a third of the country’s population, is under the iron grip of multiple warring militias who have the firepower to defy any new elected government. Hours after the delegates left Palermo, those militias began a new bout of fighting in the Tripoli suburbs.

The best the Palermo negotiators could come up with at the end of the talks was a bland statement declaring their hope that sometime in the future all the Libyan forces will meet in a grand conference to sort out their differences – and this after four years of civil war. To say that chances of this are slim is an understatement.

Dominating the Palermo talks, and indeed Libya’s political landscape, was and is Field Marshall Khalifa Haftar, the commander of the Libyan National Army, the country’s most powerful formation. In four years, the LNA has secured Libya’s key oil fields and Benghazi, its second city, ridding most of the east Libya of Islamist militias.

Haftar met reluctantly negotiators in Palermo, but insisted he was not part of the talks process. The Italian government press office said Haftar was not having dinner with the other participants nor joining them for talks. Haftar specifically opposed the presence of the Muslim Brotherhood champion, Qatar, at the event along with Turkey.

Haftar clearly only attended because he had a few days before visiting Moscow – which sent to Sicily Russia’s Prime Minister Dmitry Medvedev – and because also of Egyptian President Sisi’s presence along with his allies.

Possibly Haftar was simply fed up. Twice in the past two years he has attended previous peace talks, hosted each time in Paris, giving the nod to declarations that Libya’s militias would dissolve. Yet the militias remain as strong as ever in Tripoli.

Haftar is detested by the militias and the Muslim Brotherhood (MB) but supported by a large segment of the population – 68 percent, according to an opinion poll by America’s USAID. His popularity is based on a single policy – his demand that security be in the hands of regular police and military, not the militias.

Not everyone is happy, certainly not Turkey, which is backing Islamist, MB and Misratan forces in western Libya who detest Haftar. Yet Turkey’s greatest statesman, the great Kamal Ataturk, was a champion of secularism: After the collapse of the Ottoman Empire following World War One Turkey faced the prospect of utter disintegration, and it was Attaturk who rose to the challenge, defending the country’s borders, while ordering that the mullahs, while responsible for spiritual welfare, have no political power.

Political Islam is not popular in Libya either. Libya is a Muslim country, its people know their faith, and most want government to be decided through the ballot box.

The problem for Libya is what happens next with the peace process broken. Haftar has in the past threatened to move on Tripoli and rid the militias by force if they refuse to dissolve, and it may come to that – a fierce escalation of the civil war.

The second possibility is that Libya will split. The east is, thanks to the LNA, militarily secure. It also controls two thirds of the country’s oil and operates as a separate entity, down to it banknotes, which are printed in Russia while the Tripoli government’s are printed in Britain. A formal split would be an economic boon for the lightly populated east, but a disaster for Tripolitania, its population losing most of the oil, its only source of export income.

Yet with the failure of peace talks, and no sign of Tripoli militias dissolving, military escalation or breakup seem more likely than ever.

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

JOIN OUR YOUTUBE CHANNEL

Your donations make all the difference. Together we can expose fake news lies and deliver truth.

Amount to donate in USD$:

5 100

Validating payment information...
Waiting for PayPal...
Validating payment information...
Waiting for PayPal...
Advertisement

Advertisement

Quick Donate

The Duran
EURO
DONATE
Donate a quick 10 spot!
Advertisement
Advertisement

Advertisement

The Duran Newsletter

Trending