Greece gave the world Democracy. Germany gave the world Blitzkreig and the Holocaust. Who ya gonna root for in the current fight-to-the-death, hellbound-for-disaster European Union financial cage match?
Ever since the European Union launched the Euro as their common currency in 1999 and particularly since the globalized robber baron banksters nearly crashed the world’s economy with their monumental cons, frauds and trickerations in 2007/8, the German dumpling, Der Führeress…uh… Chancellor Angela Merkel, and her Deutsche Bank, IMF, ECB and EC financial storm troopers have been re-fighting World War II across Europe and so far getting a different result as they politically pulverize and economically povertize Spain, Portugal, Ireland, Italy and now Greece in pursuit of every last Euro rolling across the ground.
This is the Shock Doctrine On Steroids…On Steroids! An economic/financial war crime in progress!
The EU was misconceived from the start. In a sense it was a unicorn, a fantasy, based on a world that existed in 1959. But that world barely survived ’til the mid-60s. By the 21st century it was lost in the amnesia of history.
As for the Euro, it was always a scam by which the re-united powerhouse Germany and the gnomes/Eichmanns of Berlin, Frankfurt and Brussels could financially hamstring, drown in debt and loot the rest of Europe. Austerity was the main feature of this diabolical concoction not a bug. It was designed to be the WMD (weapon of massive debt) to be “debtonated” across Europe. Followed by the helter-skelter plundering of those debt-blasted countries’ assets by the cannibal capitalist cabal. Ka-Boom!
In order to join the Eurozone in 2001, the right wing Greek government paid the financial world’s giant vampire squid, Goldman Sachs, around $730 million to cook Greece’s fiscal books. Using the financial alchemy of concocted securities and dodgy currency swaps, they made it look like Greek debt was less than it actually was.
Once officially in the EU club, the bandit banksters of Frankfurt, Brussels, Paris and Wall Street, ostensibly “loaned” Greece $billions to buy a heap of born-to-lose toxic derivatives and other poisonous securities and bonds, all ticking debt bombs, being peddled around the globe promising interest rates too good to be true.
By the time these WMDs “debtonated” on Greece in 2010, the hapless country was $340 billion in debt to the international loan sharks, who were demanding repayment in full even as the real world was facing financial chaos.
Of course, it wasn’t the Greek people, the working stiffs, shop keepers, teachers, tour guides, policemen and bazouki taverni waitresses who borrowed all that moolah. It was the Greek millionaires, oligarchs, tax cheats, media moguls, shipping magnates and corrupt government officials, not to mention all the banks who padded their books with fake profits and the global hedge funds betting with the house’s money..
While the wolves of Wall Street were being saved from the catastrophe of their own rapacious and criminal devising with a massive injection of $17 trillion in free taxpayers’ money, the European financial cabal proposed to bail out Greece (they were performing the same slight-of-hand trickeration on Ireland, Spain and Portugal). In fact, it was a con that would make the most villainous old time Mafia loan shark blush with embarrassment (or jealousy).
The criminal cohort of unprincipled European finance ministers, unscrupulous banksters, bellowing bond traders and hedge fund hooligans ponied up the money to pay themselves back on Greece’s account (essentially a giant bank-to-bank money laundering scheme with hardly even a wooden nickel for the Greek people) in exchange for Greek economic and political “reforms” that would essentially throw the country into a 1930s depression - massive unemployment, increasing poverty, severely reduced pensions, busted labor unions, greatly diminished public services like health care and education and a firesale selloff (to themselves and their international investor cronies) of every valuable state asset from the port of Piraeus, the Post Office and (probably) the Parthenon to state industries, infrastructure and the Aegean/Mediterranean shoreline. Old time plunder, pillage, poverty and slavery renamed Austerity.
In early July this year the European financial vampires were demanding yet more blood from Greece’s nearly drained cadaver. Alexei Tsipras, the 41-year-old Greek Prime Minister and leader of SYRIZA, a sort of social democratic political party that had booted out the old thieving, tax-dodging conservative oligarch politicians in January, defaulted on a $1.6 billion debt payment due and called a surprise referendum. The Greek people would have a vote on whether they wanted to continue to be economically mauled and blackmailed by Brussels and Berlin.
The result was a big fat Greek vote of “OXI”. NO! 61% to 39%.
Democracy in action! Eeeek!
The banksters went berserk!
The IMF, ECB and EC (the Terrible Troika) put the stressed and almost insolvent Greek banks in a chokehold and declared the end of the world for Greece was nigh. The German Finance Minister bloviating with venomous condescension and the Big Dumpling herself armored with the haughty smugness of self-righteous moral superiority suggested international suicide for the deadbeat country: Grexit. Greece abandoning the Euro and leaving the EU. If only…
After a week of sturm und drang, breathless consultations and an alarmist and inflammatory media propaganda campaign by the Troika and their co-conspirators, Prime Minister Tsipras turned out to be rather less heroic than Achilles but no less vulnerable. He agreed to an extended bailout “deal” even worse than the one the Greek referendum resoundingly rejected. Greece could remain in the Eurozone and the EU but strapped into an even tighter debt straightjacket and obliged to gulp down an even bigger cup of the poisonous hemlock of Austerity. A modern Greek tragedy.
This is inevitably what happens when the vast bulk of the world’s economy is not based on serving or benefiting the public welfare nor on the production of anything useful to society – food, clothing, housing, sound infrastructure, industrial production, construction, manufacturing and accompanying services – but instead is based on harvesting money through massive frauds, deception, thievery, cooked books & crooked accounting, tax dodging, bribery, extortion, rigged markets, insider trading, blackmail, flim-flam propaganda, financial conspiracies and death by debt.
It was, perhaps, a forlorn hope that Greece could give the world another lesson in Democracy. Alas, it may now take surviving a financial $iege of $talingrad to reach a turning point against the Panzer onslaught of this brutal, arrogant, greedy and pathologically corrupt cabal of vulture banksters and cannibal capitalists.
Until then…En Garde, France!!!