Debt and
Austerity: Greece Continues to Be Sucked Dry
By Peter
Koenig
July 31, 2016 "Information
Clearing House"
- How long will this go on? How long will we
see the photographs of a Mr. Tsipras and his Finance
Minister in despair. Yet the blood-letting
continues.
Already new austerity measures are being projected
for 2018 – between 5.4 billion EUR asked by
Europeans and 9 billion EUR requested by IMF – and
the securing of the Greek debt sustainability
through deep restructuring measures (meaning more
selling of public assets to foreign corporations),
as reported by journalist Yannis Kibouropoulos.
Yes, € 9
billion by the IMF, of all institutions! The very
organization that has ostensibly pledged with
Greece’s creditors to forgive some of the debt to
let the country breathe. This noble idea seems to
have given in to the abject, murderous greed of the
banks, one among them, the Deutsche Bank, currently
the most vulnerable and indebted in the world, not
just in Europe, for its derivative exposure of
almost € 66 trillion, or about the world’s GDP. The
globe’s most criminal financial speculator is to be
paid more of Greek blood to nurture its horrendous
vampire thirst for more criminal acts, clubbing the
weakest of this globe, sucking out the last drop of
blood.
When does
it stop? – When does the Greek People stand up and
demand that the government stop unilaterally this
bloodletting – which of course affects none of the
‘leftist’ SYRIZA’s decision makers, to the contrary,
we can only imagine how they are being compensated
for allowing this monster theft of the peoples’
assets to continue – apparently endlessly, until the
last straw, the last drop of water, the last health
clinique has been privatized by foreign
corporations.
Greece’s
debt to GDP today stands at close to 200% in
mid-2016, as compared to a mere 109% in 2008 when
the man-made crisis started, inspired by the
FED-IMF-Wall Street- ECB-EC – instigated by the one
big western criminal schemer organization. It was
supposed to trigger the crisis in Europe for saving
the dollar – and as a by-product steal European
peoples’ social assets, assets that belong to the
people who paid for it. Greece was to be framed. Her
debt was unsurmountable and would affect all of
Europe. Greece – the EU country that contributed
barely 2% to Europe’s GDP, was ‘guilty’ of provoking
a European crisis that eventually had and still has
worldwide implications. How ridiculous!
A debt-GDP
ratio of 109% was and is totally manageable, without
outside interference. Incidentally, the US current
debt today is about what Greece’s debt was in 2008.
Is anybody paying attention to it? – Of course not.
The masters of the universe have all the rights.
They make the law but are not accountable for any of
them, not even the ones they make. That’s the
stupefied world we are living in.
But would
it have occurred to anyone to discard the
lie-riddled propaganda jargon from the IMF and Co.
and ask the question how Greece could be targeted as
the culprit? How was this possible? – Not even today
this question is asked. The lies and manipulations
of the nefariously criminal killer troika and its
occult behind the scene corporate-finance handlers
seem to be all persuasive. – Killer troika
– yes killer – thousands if not ten thousands of
people have died prematurely due to lack of access
to medication, health services, proper housing – and
by suicide through sheer despair.
From the
very beginning, when this trend of purposeful
destruction of an entire population and her country
became clear, there was the one solution that would
have salvaged Greece and make it a happy country
again: Leave the Euro zone! – And if necessary even
the European Union. But with indoctrinated fear of
an uncertain future, with the proud notion of
belonging to and remaining in the Eurozone – and
with a purposeful neglect of the Syriza government
informing the people with the truth about the
debt-onslaught – nobody dared to question the
government on why it defied the overwhelming
people’s vote against the austerity packages in July
2015. – Sorry, it wasn’t ‘nobody’, but it wasn’t a
critical mass, it wasn’t the right influential
people to ask that question – and to oppose the
government’s handling of Greece’s ‘crisis’, and why
SYRIZA was working in connivance with the troika.
Those who did ask were sidelined. They were not
snotty enough wanting to stick to the fraudulent
Euro.
As of this
day, there is a majority of Greek – of middle-class
Greek, that is – who after more than six years
externally imposed annihilation still want their
country (almost nothing of it is theirs any more),
to remain in the fraudulent pyramid scheme called
Eurozone. These people, who are also the ones who
influence the Greek power elite, have apparently
little regard for those Greek that can hardly
survive, for those Greek, who have lost their
pensions, their health services, their employment
and have no time to think about politics, whose life
is entirely dedicated to survive from one day to
another – or eventually to commit suicide, as many
do. Are the statistics of suicides for despair
published in Greece? By now they have reached the
thousands.
Have these
middle-class hangers-on to power any idea and
compassion for their fellow citizens whose head is
more under water than above? Do they have enough
compassion to discard their pride to belong to this
illegal Eurozone and to associate with their
destitute brothers? – Yes, illegal, because
what the troika are doing thanks to the common
currency, called Euro, defies any standards of
international law, all of the agencies behind this
economic killing are disobeying their one charters
and constitutions. Take the IMF – one of its
principal rules is no lending to countries whose
debt has made them financially unviable. This rule
is being broken in Ukraine, in Greece and elsewhere,
just anywhere where the empire wants to suck blood
and achieve total subordination – on its way to full
spectrum dominance.
Do you
know, People of Greece – that the EU as well as the
Euro has never been a European idea? That both are
actually constructs of the CIA? The EU was never
meant to become a political federation with a common
goal and with common development objectives. To the
contrary, whenever such a concept ‘threatened’ to
become a reality, Washington pushed for admitting
new countries, especially the former Eastern
Bloccountries which were presumably due to
their Soviet past all ferociously anti-Europe and
pro-Washington. This was the age-old tactic of
divide to conquer- and it succeeded. It was pushed
through via the UK which was Washington’s Trojan
Horse in Europe – hopefully no longer after BREXIT.
Have you
noticed, People of Greece, how there is an ever
growing integration between the EU and NATO? – Do
you want to continue being militarized by foreign
forces that are every day more threatening world
peace?
So – why
stay in the EU and the Eurozone, when all
indications point to another direction? The writing
is clearly on the wall.
My appeal
to the People of Greece, take BREXIT as an example;
dare to say NO to the system that enslaves you.
Greek – take back your national sovereignty, your
national currency, make the Greek Central Bank Greek
again, working for the Greek economy, with a public
banking system and interest free loans, to re-launch
the Greek economy! – And you will be fine and happy
again in no more than 5 years. You – People of
Greece – have all the stamina and resourcefulness to
drive your country forward and into a prosperity ‘made
in Greece’.
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 writes regularly for Global
Research, ICH, RT, Sputnik, PressTV, Chinese 4th
Media, TeleSUR, The Vineyard of The Saker Blog, and
other internet sites. He is the author ofImplosion
– 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. |