Origins of The Current Crisis
Earlier today, our pal Koos Jansen sent out a link to this terrific Dutch documentary from 2012. If you need a reminder of how and why the crisis in Greece has reached these current levels, then please take the time to watch.
The video features commentary from some notable figures including,
- Yanis Varoufakis, the current Greek Finance Minister but, back then, was just an "economist".
- Nomi Prins, author and former Goldmanite. TFMR A2A guest earlier this year.
- William Cohan, author and former Goldmanite. Same dude who was allegedly sitting on Andy's silver whistleblower story.
- Nick Dunbar, financial writer for Bloomberg.
Anyway, the point of the documentary is to demonstrate the deleterious effect of Goldman's involvement in disguising Greek indebtedness while Greece was applying for admittance into the EU. To that end, even earlier today ZeroHedge was noting that the ECB continues to stonewall on Goldman's involvement in the swaps fraud:
Therefore, it is very important that you take some time to watch this video. You'll learn some history and gain a greater understanding of the origins of this current crisis. Thanks again to Koos for bringing it to our attention.