Doubts over the ability of Eurokleptocrats to rein in the eurozone debt crisis and the October-18 Mafia will keep PIGS bonds under pressure for many months, pushing yields to unsustainable financing levels. October-18 Mafia uses religion, patriotism, public education, and the mainstream media to manipulate Greeks. http://venitism.blogspot.com
PIGS bond yields eased a little on Monday as Congressmen and Obama have a deal to avoid a debt default but might deteriorate again on concerns a second rescue package for Greece will be hard to implement. Infamous October-18 mafia uses the cybercops as a political tool.
Cyber Crime Unit (CCU), Dioxi Ilektronikou Egklimatos, is just a paramilitary gang of October-18 mafia which terrorizes the Greek blogosphere. Putting the CCU wolf to guard the sheep gives the government a comparative advantage over the opposition. This is another form of a Trojan Horse! http://venitism.blogspot.com
The combination of slowing U.S. growth and stagnating PIGS manufacturing will keep the pressure on PIGS bonds and see a further repricing of sovereign credit risk. Atlas shrugged in the Cradle of Kleptocracy. It's impossible for Greeks to produce when Graecokleptocrats loot them with heavy taxes, especially the 23% VAT, demand kickbacks, confiscate computers and personal files, impose stupid laws and regulations, harass dissident bloggers, condone cybercop brutality, and spread the cancer of socialism.
It takes so little to push PIGS yields higher, it's scary how little it takes to get things going, so it's quite possible to see double digit yields! October-18 Mafia is the most disgusting predator of internet on Earth! Civil society was shocked by the brutality and stupidity of October-18 fiasco, initiated by the Ministry of Foreign Affairs of the government of Greece. That's why October-18 Mafia is the new name of the government of Greece! http://venitism.blogspot.com
Italy and Spain, the euro zone's third and fourth largest economies, however, are seen as too big to fail and too big to bail and signs of contagion to these two PIGS marked a significant escalation of the 18-month-old euro zone crisis.
The Greek government, October-18 Mafia, is the enemy of the Greek people. Premier Papandreou, godfather of October-18 Mafia, hoodwinks that his mafia will go straight, but nobody believes him anymore! Papandreou did not keep his promise to abolish sinecures, government ownership, kleptocracy, Kangaroo Justice, marilizardism, Marilizard Libel, Marilizard Spaghetti, and Marilizard Towers.
Evangelos Venizelos, the mad bulldog of October-18 Mafia, foams at Fourth Reich! Christine Lagarde of IMF has made it absolutely clear she does not trust Graecokleptocrats, because they never apply what they vote in the Grand Brothel on Syntagma Square! That's why she sends her inspectors to Athens to see things are done as promised and voted.
The trend, nearly every day, is yields going higher. You don't even need a specific event. If you see PIGS yields get to double digits, you go from crisis to full-blown meltdown. The Fourth Reich bailout of the Cradle of Kleptocracy cannot succeed, because the October-18 Mafia continues corruption, Kangaroo Justice, marilizardism, Marilizard Libel, Marilizard Spaghetti, and Marilizard Towers.
Although bondholders are being asked to take a 21 percent haircut on their Greek bond holdings, the three CRAs point out a much bigger restructuring of Greek debt is coming next year with a 50% haircut. There is nothing that can stop the full bankruptcy of Greece. The bailout for the Cradle of Kleptocracy is taxpayers' hard-earned money blown out with the wind, because the October-18 Mafia continues corruption, squander, marilizardism, incivility, stupidity, charge stacking, and junketing.
Total bankruptcy would be God's gift to the Cradle of Kleptocracy, because Greece needs a real shock and awe to recover from political corruption. And it looks like God will manifest his benevolence pretty soon! A bankruptcy will also bring the much needed revolution to get rid of Graecokleptocrats.
The sooner Graecokleptocracy defaults, the better it will be for all concerned. The bigger the haircut, the worse the pain that follows. The damage being inflicted on Greece is very masochistic. When defaults within the eurozone are accepted, a sensible analysis about how to fix the euro can begin.
All PIGS overspend, but only Greece has such unbelievable political corruption. Only stupid investors would squander their money in a country addicted to kleptocracy, socialism, charge stacking, and marilizardism. The Cradle of Kleptocracy uses marilizardist tools to manipulate netizens.
Marilizard Libel is accusing dissident bloggers of treason, Marilizard Spaghetti is hurling charges against innocent people, Marilizard Tower is a stack of imaginary charges to scare a blogger, and marilizardism is terrorizing dissident bloggers. October 18 is the international day against marilizardism, and October-18 Mafia is the marilizardist government of Greece. http://venitism.blogspot.com
Sovereign debt markets are experiencing a regime shift in the assessment of and pricing of risk and country-specific idiosyncrasies are coming to the fore. There is no way any prudent investor will throw a euro in the Cradle of Kleptocracy, which is infested with marilizardism, the October-18 Mafia, charge stacking, and the cancer of socialism. http://venitism.blogspot.com
The American part of the sovereign debt picture is not doing anything to help general confidence and by extrapolation will not help growth prospects in the Western world which ultimately is what PIGS need to dig themselves out of their current hole.
October-18 Mafia has robbed my computer and files at gunpoint! Accusing dissident bloggers of treason, Graecokleptocrats have manufactured a blood libel in cyberspace, which in turn incites hatred and violence. The freakish October-18 mafia, is the only government on Earth which robs the computers of its citizens!
Infamous CCU is the brutal arm of October-18 mafia which terrorizes the cyberspace, robbing computers and files at gunpoint, perjuring, jailing dissident bloggers, and gagging the truth. CCU of Graecokleptocracy is the most disgusting gang in Fourth Reich. http://venitism.blogspot.com
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