Michael Snyder | Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008?
Zero Hedge | Who can afford to pay cash for property in Greece?
Mac Slavo | A financial expert has warned that allowing predatory economics to continue misleading the world can only result in three things: war, depopulation… or, maybe, change.
Joshua Krause | It’s never been more obvious that Greece has been sold out to the banks.
Michael Snyder | When financial markets crash, they do not do so in a vacuum.
Bloomberg | The rout in gold isn’t showing any signs of slowing down.
Mac Slavo | Though our political leaders maintain that the contagion from Europe and China won’t spread to the United States, our economy is likewise an utter catastrophe.
Zero Hedge | Over the course of six painful months, round after round of fraught negotiations between Greece and its creditors produced all manner of speculation about what a “Grexit” would actually entail.
Washington’s Blog | Two well-known financial forecasters claim that virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015.
Michael Snyder | The President of France has come up with a very creative way of solving the European debt crisis.
Charles Hugh Smith | Now everyone can get back to their summer vacations and the good life resumes. It doesn’t get much better than this.
Eric Zuesse | The super-secretive European Stability Mechanism was set up in 2012, in order to handle Greece’s anticipated virtual receivership, which it now will do.
Martin Armstrong | This is authoritarian government if we have ever seen one.
Joshua Krause | Late last night the Greek government approved several austerity measuresthat include increased taxes and pension cuts.
Zero Hedge | She had read online that President Barack Obama made a new law allowing her to print her own money.
Michael Snyder | Greece represents only a very tiny fraction of an unprecedented global debt bomb.
The Daily Sheeple | Have people finally realized en masse how much McDonald’s sucks in so many ways? It would appear so.
Business Insider | It’s about time Greece left the euro — it’s the only way to keep the country from falling further into the black hole of debt that is ravaging its economy.
London Telegraph | Far right Golden Dawn MP, Ilias Kasidiaris harshly criticises the deal Prime Minister Alexis Tsipras agreed to during an impassioned speech to Parliament.
Peter Schiff | While Greece is now dominating the debt default stage, the real tragedy is playing out much closer to home, with the downward spiral of Puerto Rico.
Zero Hedge | “It’s not just a bull market, it’s wild,”
Zero Hedge | Greece, as a sovereign nation, no longer exists.
Mac Slavo | It doesn’t bode well for the millions of Americans who are already seriously struggling.
Mac Slavo | It appears that the threat of an epic financial and economic disaster is not only real, but moving full steam ahead right before our eyes.
Zero Hedge | Yes, Greek banks may have been insolvent – something that was clear since the first bailout of 2010 – but at least the Greek state had control over them.
RT | Greek Prime Minister Alexis Tsipras is facing strong opposition to the agreement within his own government, as well as protests in the streets.
Zero Hedge | This was nothing short of total capitulation by Tsipras.
Zero Hedge | “This is definitely the most difficult time to be an asset allocator.”
Zero Hedge | Europe has given Greece a “choice”: hand over sovereignty to Germany Europe or undergo a 5 year Grexit “time out”.
Martin Armstrong | The EU is simply self-destructive.
The Daily Sheeple | As the situation in Puerto Rico has recently revealed, Greece is not alone.
AP | “We are still a long way out.”
Kurt Nimmo | Proposes deal similar to austerity measures rejected during referendum
Washington Post | A final gambit to win one more bailout.
Martin Armstrong | The leaders of the EU are on a collision course with the population of Europe.
Business Insider | Euros are running so low in Greece that shops and restaurants are accepting Bulgarian and Turkish currencies, according to reports.
Joshua Krause | With the situation rapidly deteriorating in Greece, many experts have predicted that Greece may be forced from the Euro.
UK Daily Mail | The $590,000 tab was paid by the White House Endowment Trust.
Zero Hedge | China has now made it illegal for big investors to dump shares over the next six months.
Paul Craig Roberts | The gold and silver futures markets are not a place where people buy and sell gold and silver.
Mac Slavo | According to some, Greece has been hogging the limelight, while China is going through ultra dramatic market fails, too.
Michael Snyder | Do you believe that the New York Stock Exchange shut down because of a “technical glitch” on Wednesday?
Business Insider | Brutal.
Business Insider | Major financial and economic chaos will hit Greece over the next few days, pushing the troubled country out of the Euro — a Grexit.
Michael Snyder | A global stock market crash has begun. European stocks are crashing, Chinese stocksare crashing, and commodities are crashing.
Zero Hedge | Call it game theory gone horribly chaos theory.
Michael Snyder | It looks like we aren’t going to have to wait much longer to see if Greece remains part of the eurozone or not.
Zero Hedge | In other words, no orders until August.
Reuters | “It is not a matter of weeks but of a few days” to save Greece from collapse, Merkel told reporters.
Zero Hedge | This decision makes it quite clear that it was not Greece, but the ECB pushing all along for “burning the Greek bridges”.