Thursday, June 2, 2011

Bankster Holdings of PIIGS Debt

As can be seen by the chart, for the most part, the PIIGS debt is held by European banksters and not the locally grown U.S. variety. This leads to the question, why would the U.S. back additional bailouts from the IMF (where the U.S. makes the largest contribution), given that there is limited U.S. exposure?

Even if the absurd proposition is agreed to that the U.S. needs to prop up domestic banksters, the U.S. participation in global bankster bailouts is really a stretch.

Bottom line: There's a global bankster game going on where the role for the average American is to simply pay for it.

Click on chart for larger view.


  1. IMF bailouts are NO help.. they put a heavy hand on the head of a drowning economy!

    IMF loans to PIIGS come with interests rates that are so high that the austerity measures only cover the extra interest rates payments!

    The whole thing is set up to spoil the people of these countries from their last performing assets.

  2. I am also bemused by the fact that the nations of Portugal, Italy, Ireland, Greece and Spain have been singularly resistant to zionist penetration and game theory tactics.

    Now the atomic weapon of financial collapse has been deployed, already Ireland is in the process of zionofication.

  3. PIIGS is an acronym referring to five Euro currency nations: Portugal, Italy, Ireland, Greece and Spain. Since they are tied to the Euro, they were unable to utilize independent monetary policy to reverse their economic crisis.

  4. PIIGS = Portugal, Ireland, Italy, Greece & Spain

  5. Bailouts of this kind are an assault disguised as charity.
    "The kind acts of the wicked, are actually cruel." -Solomon