Greece is Committing
“Financial Suicide”
By Peter Koenig
May
22, 2017 "Information
Clearing House"
- Thursday late night, 18 May 2017, the
Greek Parliament voted to accept another
round of devastating troika (EC, IMF, ECB)
conditions for an additional debt package of
close to 5 billion euros. All of the 153
delegates of Alexis Tsipras’ Syriza-Anel
coalition voted ‘en bloc’ for the suicide
package, all 128 opposition members against.
Nineteen didn’t show up. Perhaps they were
too afraid to vote for the opposition. Just
as a reminder, PM Tsipras, a socialist, is
leading Syriza, Greece’s prominent left-wing
party, that for reasons of majority decided
to align with the extreme right-wing party
‘Anel’ which currently holds a mere 10 seats
in Parliament.
And another reminder- Alexis Tsipras, for
the last two and a half years, since 26
January 2015, to be precise, has been
selling his soul (if he has one), and more
importantly, the country that trusted him,
to the western crime oligarchs, i.e. the IMF,
the European Commission, akin to the
European (non-) Union and the Goldman
Sachs-run European Central Bank – and
Germany. James Petras calls him the Traitor
of the year. This may be an understatement.
This new hateful and odious debt – Tsipras
and his clan know that its fraud – this new
debt will pave the way for more ‘rescue’
packages (a neoliberal term for legal
robbery) that will help servicing (pay back)
the odious debt – meaning the illegally
acquired and imposed debt. Odious Debt,
according to all international standards and
laws, is illegal debt and may be defaulted
on, or canceled at any time by the debtor
nation.
This new debt is supposed to alleviate the
already monumental and monstrous burden of
debt, close to 200% of GDP. Repayment ever
is impossible, even by the words of the IMF.
Not a penny of the new loan benefit the poor
and the destitute, those that have lost
everything – those 30-plus percent that are
already under the poverty line, of which 1.5
million live in extreme poverty, about 13%
of the 11 million Greek population. They
stagnate along, many as beggars as a last
resort, without jobs, no income, no pensions
– all gone, by the troikas criminal
imposition of debt and austerity.
The new 5 billion-euro debt comes with even
more austerity strings attached, more cuts
in pensions, salary reductions, of the
remaining meagre social services,
privatization of what’s left of social
capital and infrastructure – in total cuts
of about 4.9 billion euros until 2020. These
cuts will further increase poverty, misery,
famine, child mortality diseases without
cure, no medications, no hospitals,
desperation, the suicide rate – and the
economy that collapsed by 25% since 2011,
will further shrink – beyond the point of no
return.
How can anybody in his clear mind think or
pretend that this will help Greece out of
its strangulation? – It is sheer Suicide
that you, Mr. Tsipras and your spineless
fellow Members of Parliament are driving
your country to commit; slow and hurtful
hara-kiri. Not you, of course, Mr. Tsipras.
You will be rubbing elbows with the elite
that destroys your country. Have you given
your people a rational justification, why
they should continue to suffer? Why are you
still reluctant, even unwilling to talk
about exiting this horrendously corrupt
construct, called the European Union with is
fraudulent, dollar-based and totally
unsustainable currency, the euro?
You can take that decision any time. You
could have prepared for it – so transition
would be smooth. And if you haven’t, it’s
never too late. Just give your people hope
they can count on. You could gain back your
country’s pride and sovereignty – a country
and a people that is the symbol of western
civilization in more ways than one.
Why do you think you are so important, that
your staunch egocentricity is ranked higher
than the well-being and the recovery of the
people who love their country and who have
elected you, believing in you? – Why do you
betray your people, Mr. Tsipras?
Where is your love for your country, for
your countrymen who have given you a mandate
to lead them out of their predicament? Just
think for a moment what love could do for
them and for your own Peace of Mind.
Are these dark forces behind the money
cartels threatening you? Your family? – If
you don’t obey, you may be ‘wasted’, in the
jargon of western secret services. It has
happened before and keeps happening. As a
Statesman, step up and tell the world, while
saving Greece.
To the people of Greece – why do you accept this humiliation, this betrayal, this usurpation of your resources, robbery of your social capital – your beautiful country – destruction and humiliation of your rich culture, philosophy, mathematics your forefathers created and that have spread around the globe? – Why do you allow this crime being perpetrated upon you – your children and children’s children? –This colossal crime will put future generations in peril
Step out from this straight-jacket of debt and misery, default on your illegal debt, bring back your own currency, the drachma, and start afresh as a new sovereign country. More than half the world is in solidarity with you. Even in the west. Many countries would like to support you, Greece. The diabolical western Brotherhood’s fist in their neck prevents them from doing so. In the East, there is no fear. They will stand by you. The East is the future. Be aware: The East Is The Future.
President, Mr. Xi Jinping’s massive “Economy for Peace” ingenuity, the OBOR – One Belt One Road, now also called the Belt and Road Initiative – BRI, is China’s response to the western world’s economic collapse from greed and aggression. It’s the largest economic platform in the world, encompassing already now more than a dozen countries, more than half of the globe’s population and at least one third of the world’s GDP. The BRI promotes economic development, transportation, infrastructure, energy, education and research – in dimensions unseen in the past.
The idea is to connect all nations and people from Vladivostok to Lisbon and from Shanghai to Hamburg. All are invited, not forced to join. Greece – open your minds, eyes and hearts to OBOR / BRI and you will see a bright future, a quick recovery from your current state of demise. Be courageous. Enough is enough!
Peter Koenig is an economist and geopolitical analyst. He is also a former World Bank staff and worked extensively around the world in the fields of environment and water resources. He lectures at universities in the US, Europe and South America. He writes regularly for Global Research, ICH, RT, Sputnik, PressTV, The 4th Media (China), TeleSUR, The Vineyard of The Saker Blog, and other internet sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.
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