Greece is the word

Apparently the 'crisis' in the Eurozone is all the fault of the Greeks. It has absolutely fuck all to do with the banks making bad calls in investing money in that country. For investing in read lending to. Just as in most of the western world the banks got greedy and lost the plot. They knew that they'd get their money back via a bailout organised by the IMF.

What happens when the IMF go in to audit your countrys's finances is that they tell your government that public services and benefits have to be cut, publicly owned services have to be privatised and then they'll loan you the money. So far, not so bad. Your government agrees to these conditions and the IMF agree the loan, which then appears in your exchequer.

Again, so far so good. But, that money doesn't belong to you, it belongs to the banks who loaned it to you in the first place. The same banks that took the risk of loaning the money out get paid by the reinsurance and the bailout. They're profiting from other peoples' misery, deliberately starving people to make money. The Greeks are fucked, they must default or the IMF will own every Greek person and property outright. Once they do leave the Euro, it's only a short step for Spain, Portugal, Italy and Ireland to do the same.

The IMF was set up by the banks for the banks, nothing more, nothing less. All this bullshit about going in and saving an economy is just that: bullshit. They exist simply to ensure the banks don't lose their money. Which makes me ask why did we bother baling the cunts out when the IMF could have? We gave them loans which they are paying back using quantitative easing. Way to go Gideon you smarmy twatbadger. The only way quantitative easing will work is if you pay the money not to the banks, 'cos they will either keep it or use it to pay off debt, but give it to the populace, 'cos they'll spend it and therefore stimulate the economy.