The Corbett Report – As James returns from his summer holiday, he re-joins Alfred Adask for their weekly conversation on Financial Survival. This week they discuss the “resolution” of the Greek crisis, the growing panic over the liquidity crisis in the bond market, and whether or not the Iranian “deal” is actually a treaty.
Show Notes
- Greek Parliament Approves Bailout Measures As Syriza Fragments
- Greek PM Tsipras Allegedly Asked Russia for $10 Bln to Print Drachmas
- IMF Declares War On Germany: In “Secret” Report Lagarde Says Greece Will Need Massive Debt Relief
- Goldman Sachs Doesn’t Have Clean Hands in Greece Crisis
- Financial Warfare: The Recolonization of Korea. Seoul Black Monday. IMF Intervention in Korea
- This Week’s Gold Crash Reminds Us Of A Much Scarier Risk In The Markets
- Fixing the Fed’s Liquidity Mess
- Treasury Flash Crash of October 15, 2014 Still Has Wall Street in a Sweat
- Iran Deal: A Treaty Or Not A Treaty, That Is The Question
SF Source The Corbett Report July 2015
Greek PM Tsipras Allegedly Asked Russia for $10 Bln to Print Drachmas
Philip Chrysopoulos – Greek Prime Minister Alexis Tsipras has asked Russian President Vladimir Putin for 10 billion dollars in order to print drachmas, according to newspaper “To Vima.”
The newspaper report cited Tsipras saying in his last major interview to Greek national broadcaster ERT that “in order for a country to print its own national currency, it needs reserves in a strong currency.”
Moscow’s response was a vague mention of a 5-billion-dollar advance on the new South Stream natural gas pipeline construction that will pass through Greece. Tsipras also sent similar loan requests to China and Iran, but to no avail, the report said. Continue reading