WELCOME YOU were WITH HUNDREDS WATCHING THIS (subscribe to the feed if you want to know about anonymous-lulzsec-antisec-wikileaksor get some freeware - you never know what will be published here :) )
In fact more than half a million people watched online the riots before the parliament yesterday. The only livesream keeping up was dailymotion.com
we interrupt the programs to give you the possibility to follow the unfolding events live. We will add new online live resources as they come available and are pertinent. As the European non-elected president said : these two days are the most important for Greece, for Europe and for the stability of the economic and financial system. Only is it fair that only the little working people have to pay all the costs for this debacle.
THis is the appeal on Youtube to protest
Follow the twitter news from Greece (english)
http://thepressproject.gr/ the vote tomorrow
so after the vote, the crisis has been contained - as far as the worst case scenario goes - but that doesn't mean that it will be that easy to reduce expenditure without hurting the economy and the social security too much (or even the functioning of the state an sich).
the difference was larger than anyone has expected
and why was the world so afraid ? Not because of the debt but what some have done with it and who has it now (without knowing it). Yes, it is the same story all over again.
It is not said that it will come to that for the reason that the sovereign debt has been repackaged by the same players who did that with our loans (CDs). This means that for the moment nobody has any idea who owns or has how much 'greek' debt and how many domino's would be affected. Yeah, the same panic and crisis of confidence would take over the financial community as a serveral years ago.
And than to remember that the financial crisis cost us around 2400 billion dollar while Lehman brothers only needed 100 billion to survive. And how much after that a sceptic would say, yes but jumping in the black hole is not something one wants to do with a whole continent.
If you read too big to fall you will be astonished by the lack of information the decisionmakers had at the time, even in multibillion banks. so much blablabla about sophisticated databases and datamining and when it really matters it is proven that you don't know anything that is important at that time
and you bet it would have repercussions around the world - eurozone or not
the real problem is that you have a Eurozone without the necessary institutions, mandates and Eurozone fonds like the Us has for its banking sector. We have European banks who are investing all over Europe but no federal oversight and controls and rules and insurances. This means that all of this has to be constructed now in all urgency and because there is no other alternative.
International crisis or local Greek depression, that is the international choice
but even if this is not a revolution, the people have the right to protest and to be angry.
Ps I always ask myself why normal newspapers can't include this kind of coverage in their online editions.... this is also news(worthy). It have to be amateurs like us to do that.