Banksters declare war on Tsipras

[no more banksters]

Higher executives of the Greek systemic banks are planning an "attrition war" against the new government

http://failedevolution.blogspot.gr/2015/02/banksters-declare-war-on-tsipras.html

[Warpy]

1. What the new government needs to do is pass tax laws with real teeth

Greece got into trouble in the first place because its tax collection system has always been an honor system and the rich have no honor. So they borrowed from banksters who were perfectly willing to let them go so deeply into debt they'd never crawl out.

[Demeter]

2. The Tide Has Turned, and Now, We get to see who is swimming naked

Naked--shorts--naked shorts, get it?

The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen.

While no exact system of measurement exists, most point to the level of trades that fail to deliver from the seller to the buyer within the mandatory three-day stock settlement period as evidence of naked shorting. Naked shorts may represent a major portion of these failed trades.

Not every market has these rules; not every government punishes the naked short....

[Ichingcarpenter]

3. The new finance minster has dr in game theory

It should be interesting on their next move