Shares will tank tomorrow - Greek Crisis

Telegraph - Greek Crisis Live: Reports in its 8.10pm post the following, " Markets have remained reasonably sanguine about Grexit up until now. But expect tomorrow to be a day of flight for equity investors... "

Lets Get Real:

The first signs should be the Asia markets, it can be expected with the trouble with China markets to add to the pressure, the UK and US markets should see a sell off due to the Asian results and the latest news from the EU and Greece.   The Greeks are deluded if they think that their banks will be open on Tuesday, they will be lucky if they are opened at the end of the week.   As stated the final decision is down to the ECB, do they throw out their tough rules on lending or do they throw the rules out of the window.   The Germans might have problems with the French, the French left it can be argued has more in common with the Greek left than mainstream French politics.   Also the Countries that have done austerity will be asking why Greece is given a pass when they went through tough economic reform.   Interesting days ahead. 

Greek PM looks for political lifeboat - Greece Crisis

Guardian - Greek Crisis Live: Reports in its 8.10pm post the following, " Greek television are reporting that Alexis Tsipras has spoken with several European leaders, starting with the French president Francois Hollande.    There are also suggestions that ECB president Mario Draghi has also been contacted.  "

Lets Get Rea:

The Greek PM will try to split France from Germany, also Italy, the government in Paris is left wing, thus one can expect that the Greek PM will play that up, one doubt that Paris will go against the will of Germany, it knows who has the cash in that relationship.    The European Central Bank could decide the fate of Greece, if the Bank does not give more money to the Greek banks they will go bust, thus the call for the return of the Greeks to a native currency.   The EU/IMF will not allow themselves to be blackmailed by Athens, there are tough rules for the problem of Athens, if the above throw them out then Spain and Italy will be next, then the whole system would go bankrupt.  Time for the Germans to stand tough against Greece. 

The Result of the Greek Referendum - Greek Crisis

BBC News - Greece Live: Reports the following it its 7.25pm post, " The Greek government will have a battle on its hands to persuade the Eurogroup to meet urgently. Reuters reports there are no plans for an emergency meeting of eurozone finance ministers in response to the 'No' vote. "No way. (The ministers) would not know what to discuss."

It is worth remembering that Greece's prime minister called the vote while his negotiators were still trying to eke out a deal in Brussels. "

Lets Get Real:

The Greeks might find that the Referendum was the easy thing to get pass, the German political class and the voters do not want to to get their wallets out to bailout the Greeks, the Greeks have to be thrown out of the Euro, its a murky toilet with no clean water in sight.   The Greek economic system needs a total reform from the role of the State to when people retire.  This will be harsh on the Greek in the short term, but in the long run it will benefit Greece. 

The Greek Referendum Vote - Greek Crisis

The New York Times: Reports on PM Tsipras broadcast to the Greek Nation, " Mr. Tsipras went on public television Wednesday afternoon, telling Greeks that they should vote no on the referendum to improve his negotiating position. "

Lets Get Real:

The Greek PM is bonkers, if the Greek people vote NO on July 5th they are out of the Euro even the EU.   The Germans will not put up with any more BS from the Athens or its PM.   The Germans are fed up with the Greeks, if the Greeks are not insulting them, the have their hand out for more money.    It seems that the Greek government and half the population are not living in the REAL WORLD.    The Greeks have to understand that they are owned by the Germans, without German Euros the Greeks would be international beggars, and why should the German tax payer pay for the political promises of a left wing government in Greece.   It time for the Greeks to find their classical dignity before its to late, VOTE YES ON THE 5TH. 

Germany on Greece - Greek Crisis

Guardian: Reports " Berlin blasts Tsipras for 'seeking scapegoats outside own ranks'..Criticism of Greek prime minister reinforces view that Germany might refuse to negotiate with Syriza administration on rescue package until after referendum  "

Lets Get Real:

One does not blame the Germans, the German Chancellor faces going back to the German Parliament and asking for more money for Greece, while the leadership of Greece has been very abusive about Germany, bringing up the Second War War as a way to hammer the Germans.   The German tax payer can not pay the pills for the left wing government in Greece, if they start doing that there will be calls from other Countries for the Germans to pay for the political promises of left wing parties.   The Greeks have to learn a hard lesson,  the days of the generous welfare state is over, the Greeks have to work for every Euro, pensions have to be be limited, people will get hurt, that is a fact of life. Grow Up Greeks. 

The US and the Greek Crisis - Greek Update

BBC News - Greece Live: Reports in its 7.15pm post the following, " The White House believes all those involved in the Greek crisis want the country to stay in the eurozone, spokesman Josh Earnest tells reporters on Air Force One today  "

Lets Get Real:

There are two reasons the White House want the Greek crisis over, the first is that people will notice that the US with its debt is heading the way of Greece, and the bank manager that US has is China, the vary same Country that wants to expand in Asia, while the Obama Administrations turns it attention to Asia for economic development and for its defence posture,    The other reason is the worry of the unknowns, what if Greece falls apart, how will that touch other economic markets and how much of a hit will the West in the shape of the US take, thus real and political reasons for US when it comes to Greece.     The problem faced by the US is that no one takes Obama as a heavy hitter, he is seen as weak and deluded to be honest, thus what ever influence US had in Europe is gone due to President Obama. 

The Hillary Clinton Emails - The Clinton Server Scandal

The Daily Mail: Reports on the latest Hillary Clinton's emails to be released, the article notes the following, " Buried in the din of thousands of people devouring the emails Tuesday night, though, was something more ominous for Clinton insiders: news that the State Department had decided to treat some two dozen of the messages as 'classified' – ruling as lawyers vetted the material that some of it was too sensitive to expose publicly.  Clinton and her campaign surrogates insisted beginning in April that her private email server was never a national security risk and never housed classified documents.  "

Lets Get Real:

No wonder the Hillary Clinton Campaign has banned the Daily Mail reporter from the HRC campaign bus, the Clintons can not control ALL the press, they have a press that favours them, the elite liberal press will defend the Clintons no matter what, lets hope that other papers and new channels digs the dirt on the Clintons, they are tied to scandal, they know nothing else and will twist the law to fit their view of events.   It will be interesting to see how the media deals with the latest Clinton emails.   The long race for the White House has started, at least this blog can get off Greece for a while, US politics is more fun.   At present it looks like HRC will be the Democratic nominee, the rest are far behind and as stated the HRC campaign is being protected by the elite media.