ECB Revokes Greek Bonds as Collateral; ECB vs. Novices; Brass Knuckles | WHAT REALLY HAPPENED


ECB Revokes Greek Bonds as Collateral; ECB vs. Novices; Brass Knuckles

In a nutshell, the ECB unexpectedly and suddenly canceled acceptance of Greek bonds as collateral for liquidity funding unless Greece honors the existing deal.

Webmaster's Commentary: 

This will backfire. Greece will likely leave the EU and merge with Russia.

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