Greece Is Better Off Than Detroit

The Financial troubles Greece has faced in recent years aren't as bad as what Detroit will go through, Merk Investments's Axel Merk says.

Greece Ready to Sell Rhodes, Mykonos to Investors

Elena Moya
The Guardian
June 26, 2010
Editor’s note: Selling off ancient civilization in order to pay debts owed to international bankers who create money out of thin air. The home of the guy who wrote the mythological story of Jason and the Argonauts is up for sale. So is the island Mykonos, the location in Greek mythology of the battle between Zeus and the Titans. Call it a globalist spawned fire sale on steroids. Stay tuned. More to come.
There’s little that shouts “seriously rich” as much as a little island in the sun to call your own. For Sir Richard Branson it is Neckar in the Caribbean, the billionaire Barclay brothers prefer Brecqhou in the Channel Islands, while Aristotle Onassis married Jackie Kennedy on Skorpios, his Greek hideway.
Now Greece is making it easier for the rich and famous to fulfill their dreams by preparing to sell, or offering long-term leases on, some of its 6,000 sunkissed islands in a desperate attempt to repay its mountainous debts.
The Guardian has learned that an area in Mykonos, one of Greece’s top tourist destinations, is one of the sites for sale. The area is one-third owned by the government, which is looking for a buyer willing to inject capital and develop a luxury tourism complex, according to a source close to the negotiations.
Potential investors also looking at property on the island of Rhodes, are mostly Russian and Chinese. Investors in both countries are looking for a little bit of the Mediterranean as holiday destinations for their increasingly affluent populations. Roman Abramovich, the billionaire owner of Chelsea football club, is among those understood to be interested, although a spokesman denied he was about to invest.
Via Infowars.com>
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