they will kick the can ones more, i think the time is not right now!
but it is true, we should right now better preparde and hopfully with 2.0 we will get a easy to use wallet.
The bailout proposal that the ECB presented to Tsipras on Friday would kick the can for about 6 months, which would (fingers crossed) put us well into BTS 2.0. That said, there will be a Greek referendum on the proposal next Sunday and I
very much hope that the Greek people decide to throw off the yoke of debt slavery and choose to default on all of their loans. Some people call me "foolishly optimistic" for entertaining such a thought.
If Greece wants to avoid a complete banking system failure, thus a collapse of their nation, they need someone to finance their return to the drachma (Greek national currency). Many people have speculated that Putin has made such an offer. It's public knowledge that Tsipras is working on a deal with Putin to run the Turkish Stream Pipeline through Greece, which could bring 100's of Billions in revenue when complete. They might be able to borrow against that to finance their return to sovereignty.
If Greece leaves the European monetary union, it will cause a cascade of countries to follow in its wake - Italy and Spain because they are also broke, but possibly Austria, Hungary, the Czech Republic, and a growing list of additional countries who's people and leaders are beginning to understand that you can't have a monetary union without relinquishing national sovereignty. The collapse of the EU would mean the collapse of the North Atlantic Treaty Organization (NATO), the most dangerous and powerful terrorist organisation in the world.
China, Russia and, lets face it, every country outside the G8 has strong motivation to do everything they can to hasten the collapse of NATO.
However things work out, I believe that these next two weeks are going to be quite pivotal. With capital controls being imposed by Greek banks as early as tomorrow, there will be a PR battle this week to convince the Greek citizens that capitulating to the draconian demands of the EU is their only chance for survival. Whether they choose to pivot towards Russia, or obtain financing from some yet unknown source, let's pray that they the "birthplace of the republic" is able to break free from the clutches of the EU's burgeoning technocratic dictatorship.
An interesting note: the BRICS bank officially opens for business on July 7th - just 2 days after the Greek referendum.
Topic: Missing opportunity for BTS (Read 5831 times)
