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May 29th, 2012 
FAKE NEWS for the Zionist agenda 
Astounding quote lifts veil on elite’s arrogance
Paul Joseph Watson
Prison Planet.com
Tuesday, May 29, 2012
An astounding quote buried at the bottom of a CNBC article lifts the lid on the arrogance of the global banking elite and their desire to see Greece remain mired in depression.
The article, entitled Greece to Leave Euro Zone on June 18: Wealth Manager, focuses on Integral Asset Management’s Nick Dewhirst’s contention that Greece will exit the single currency the day after national elections on June 17 if the populist party is victorious.
However, in the very last paragraph of the story we read;
“Kit Juckes, global head of foreign exchange at Societe Generale, told CNBC’s “Worldwide Exchange” (see video above) that the best outcome was “the status quo.” “A Greek economy in depression, austerity that guarantees they’ll stay in depression and living on life support from the rest of Europe is the best,” he said.”
As the representative of Societe Generale, one of Europe’s biggest banks, Juckes is brazenly admitting that the elite would rather see Greece rot and decline into a failed state than allow her to leave the euro and become economically independent once again.
Juckes’ quote also underscores how the austerity measures imposed on Greece by European technocrats are not in the country’s best interests at all and are in fact designed to keep Greece’s economy under the dictatorial control of the banking elite.
As we have previously documented, the biggest fear amongst technocrats is not for the welfare of the Greek people in the event of bank runs and panic engendered by an exit from the euro, but that a post-euro Greek economic recovery would provide a good example for other countries in the eurozone to follow.
In a Financial Times piece written by Arvind Subramanian, a Senior Fellow at the Peter G. Peterson Institute for International Economics, which counts amongst its directors numerous influential Bilderberg members, including former Federal Reserve chairman Paul Volcker, former United States Treasury Secretary Lawrence Summers, and Bilderberg kingpin David Rockefeller, the elite’s true concerns over a ‘Grexit’ are perfectly encapsulated.
- A d v e r t i s e m e n t
“Suppose that by mid-2013 Greece’s economy is recovering, while the rest of the eurozone remains in recession. The effect on austerity-addled Spain, Portugal and even Italy would be powerful. Voters there would not fail to notice the improving condition of their hitherto scorned Greek neighbour. They would start to ask why their own governments should not follow the Greek path and voice a preference for leaving the eurozone. In other words, the Greek experience could fundamentally alter the incentives for these countries to remain in the eurozone, especially if economic conditions remained grim,” writes Subramanian, adding that Greece’s potential exit “may prove an infectious model” and lead to the demise of “the eurozone and perhaps for the European project.”
As Nick Dewhirst explains, the pro-euro camp has been exaggerating the negative consequences of a Greek exit by ignoring the fact that it would in fact be a boon for the Greek economy.
“Greeks would no longer be able to afford German cars and Germans would be able to buy Greek villas and the young unemployed in Greece would have jobs as tourism booms. The best thing would be that they [Greeks] could blame the foreigners,” he said.
Globalists want to keep Greece in depression and “living on life support from the rest of Europe” as Juckes puts it because they know that if Greece escapes the clutches of the technocrats its inevitable economic recovery will blaze a trail for other eurozone countries to follow suit, leaving the elite’s 50-year plus project for a European federal superstate in tatters.
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Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show and Infowars Nightly News.
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15 Responses to “Bankers Want To Keep Greece Mired In Depression”
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Somebody’s been smoking too many of those Chernobyl cigarettes. Greece doesn’t have a choice but to flop-out, let me know when they do, I hate all the suspense !
how come zero mention of the statis of iceland?
they threw off the yolk of technocrat oppression servitude a while ago.
should ICELAND, not greece be looked to as a model of things to come if the euro-trash is left behind?
the sage Reply:
May 29th, 2012 at 4:22 am
Iceland is not discussed because it is a success story.
Greece has beautiful beaches, picturesque islands and warm weather and the vacationing anglo-Euro-scum now want to buy up its property, lands and businesses for ten cents on the dollar rather than just visit and pump money into the Greek economy. Now they want to own that vacation home or villa.
Same thing going in Miami with twenty percent of houses in foreclosure or for sale.
Foreigners who don’t need to rely upon America for their income are coming into these areas and scooping up properties super cheap.
Money…flowing from one perspective to another.
The time is NOW Reply:
May 29th, 2012 at 8:51 am
The media in Europe appears to be avoiding the mention of Iceland, but I can tell you for sure that many in Europe are well aware of what has happened in Iceland.
Today I had 3 separate meetings with employees of banks in Europe. Iceland came up in chit chat in all 3 meetings. They know.
Another interesting thing that I have noticed recently in European business (maybe it is not just Europe, but this is where I have the most candid discussions), recent sudden reduction of personnel and scrambling for capital. The 2 companies that clearly are on this track are both headed up by Bilderberg “associates” (hmmmmm). Maybe it is only directly connected with the whole Euro picture right now, I don’t know.
It appears that something big is just beyond the horizon right now.
WELL THEN……
HOW ABOUT IT PRISON PLANET???
HOW ABOUT SOME ACTUAL HANDS ON…..BOOTS ON THE GROUND REPORTING DIRECTLY FROM ICELAND?
HOW ABOUT YOU CARVE OFF A PITTENCE OF YOUR MEGA-RICHES ALEX AND SEND ONE YOUR BEST REPORTERS OVER TO ICELAND TO TALK TO LOCAL PEOPLE?
OH YA, THAT’S RIGHT, ALEX ONLY HAS KEYBOARD WARRIORS THAT COPY OTHER PEOPLES WORK AND CALL IT THEIR OWN THROUGH THE MAGIC OF CUT – N – PASTE ARTICLES WITH A “FULL STORY HERE LINK” BY THE POEPLE THAT ACTUALLY DID THE WORK.
WELL ALEX, HOW ABOUT GETTING SOME KEYBOARD-COMMANDO TO FIRE OFF AN EMAIL TO SOMEONE WHO LIVES IN ICELAND FOR AN “INDEPTH” INTERVIEW?
THAT CAN’T COST TOO MUCH, NOW CAN IT?
breakmyrustycage Reply:
May 29th, 2012 at 5:23 am
You miss the point of being awake, entirely. Being awake doesn’t mean you sit and judge what actions others take to ensure your freedoms and rights. Being awake means doing doing everything you can think of to do, to inform yourself and others, make contacts and share perspective across real and ideological oceans.
Wake up. You are drowning in self pity.
Why do these so called “experts” constantly go about economies needing to grow all the time? This directly conflicts with the process of technological advancement. Technology consolidates processes and products to make them more efficient which will ALWAYS reduce labour requirements and product markets. Granted the elite are stiffling out what little growth could still be achieved but the future is an intelligently managed resource based economy AKA THE VENUS PROJECT.
You can’t have technology AND a labour based market economy.
THe Greek people need to kick these criminals in jail. they are not the property of the banksters.Nore are we.
The game is over banksters, like it or not.
Vic Reply:
May 29th, 2012 at 5:59 am
your abuses have gone far enough. Enough is Enough
My dear Watson everyone talks their own book like Kit Jukes. You obviously choose to find quotes to highlight. In an attempt to forward your own position.
PP/IW….I absolutely will not watch videos with commercials on them on PP/IW or any other site that claims to represent alternative news.
Got rid of that dung when I tossed the cable box out into the front yard.
my2cents,
Your post isn’t worth the two cents you spent in electricity writing it. It’s the audacity of Mr. Juckes comments that show their inconsiderate attitude towards the Greeks. The Greek issue has been known about since the inception of the EU. In no way is keeping the depression going the best for Greece and its people. Does Greece need to re-position it’s demands on its government, yes. Should they be forced to pay back what they spent? Yes no. Yes because they spent it and agreed to pay it back. No because the lenders knew that they wouldn’t be able to pay it back eventually. Demands from banks to rectify the issue should have come long ago. In my mind they are both at fault and both should lose something and will.
I however don’t know if they will recover in the manner suggested in the article because, Greeks need to man up. They need to move away from socialism, aka the easy life of spending other peoples money for their benefit. If they work hard and get the government off their back they will be fine. If they don’t they will be back in the mire of debt within a few decades or less.
Well, what will happen with Greece is not set in stone, but the banking cartel believe they will get what they want and usually they do. I am not sure what will happen, but it is likely that whatever it is it will further the globalists plans since they are the ones holding the reins (manipulating the markets and the so-called leaders of governments)
Maybe Greece will leave the Euro behind and the scum banking cartel will destroy them as an example for other countries. No chance the cartel lets them prosper.
Maybe Greece will not leave the Euro and continue to create uncertainty which is really bad for other countries.
I believe they will use the eventual destruction of the Euro, promptly followed up by the destruction of the Dollar to bring in a world currency (likely only digital). Since I believe they have every intention of bringing in a world currency (along with a world economic control system) in turn I also believe that they plan to destroy the 2 major currencies mentioned above (along with many others as a consequence). They need these currencies to fail so there is a good reason to bring in the next phase of global control.
If they get this global digital currency we should just boycott it totally. Simply do not use it at all, a few nice lines to memorize in case they do get it:
“Sorry, I don’t understand how to log in to my global currency account, so I can’t pay my bills”,,,, “I know this is the 10th time you have explained how but I just can’t seem to get right”
“Sorry, I won’t be at work today because I don’t know how to pay for gasoline using this new digital money.”
“Sorry, but we don’t accept the new digital currency as a form of payment, do you have any hard assets? Either gold or silver would be acceptable.”
Make them send in the troops, so we can get on with what is inevitable.
The time is NOW!!!
You evidently don’t know the meaning of talking your own book. It’s wall st. parlance for supporting an outcome that produces a beneficial outcome on the trades you have in place. On CNBC this is standard practice. I personaly think Greece defaulting would be the best thing for everyone. A nice domino effect similar to the housing crash could be the beginning of the end for the NWO. That is why I suspect Greece will be staying in the Euro.
my2cents Reply:
May 29th, 2012 at 9:43 am
meant for patriotonesays