While European and IMF officials continue to string Greece along, regarding bailout loans, Europe’s too big to fail banks get billions in easy money!
The European Central Bank (ECB) has just issued the equivalent of U.S. $712.4 billion in cheap loans! ECB officials said it is to help improve liquidity in the markets. But the same would happen if Greece was given bailout loans!
This is the second time the ECB has issued cheap loans to too big to fail banks! In December 2011, the ECB issued U.S. $657.9 billion at 1% interest. Again, this while the ECB and the U.S. based IMF strung Greece along.
Many Greeks now believe what’s happening to their country is a conspiracy to force total privatization upon them.