I’m not a specialist in economics
or political economics, especially so when it comes to European economics. But what
I do know is that the Greek people and their state, is being looted in broad
daylight. The referendum which took place a few weeks ago (to vote no to more
austerity and bailouts) meant nothing to the Troika and was an exercise of
futile, meaningless protest from the Greek people. The so-called far left radical
Syriza Party turned out to be nothing more than a bunch of hard talking, action-less
sell outs`. They caved and bent when it was their moment to shine and rescue
their compatriots from the European banking Mafiosi. The subsequent deal
entered into by the Greek government is said to be worse than the initial deal
offered by the European bankers, prior to the referendum. Essentially, this
means that the bankers gave the Greek people the big MIDDLE FINGER for voting
no to more austerity measures and decided to tighten the already strangling
noose on them.
To put the deal into perspective,
the Troika offers the Greek Government €86B in loans, and in return (or as
collateral) they take at least €50B in state assets and privatises these assets
through private companies connected to either the ECB (European Central Bank),
the IMF, the World Bank, or other German and French Banks. Furthermore, the
Troika demands a reduction of spending in Social Programs and other economic
vehicles which can improve Greece’s current economic situation and improve GDP.
What these measures and demands inversely creates is more unemployment, an
increase in goods and services, further tax increases (not for the Greek rich
Oligarchs), and an increase in the debt ratio to GDP. With the privatisation of
state assets, the new “owners” can hike prices (of services provided by these
assets) or suspend trading of those assets as it deems economically necessary.
The Troika in effect owns the state of Greece and its government.
The shenanigans and behaviour of
the European bankers are eerily similar to those of the Mafia muscling in on
local businessmen in their community enforcing their “protections services” and
demanding a fee for same services. In comparing the Troika to the Mafia, this
is exactly what they are telling the Greek Government……”Your unemployment rate
has increased? Fuck you, pay me. Your banks are running low on cash? Fuck you,
pay me. You don’t have money for Social Programs? Fuck you, pay me! Your people
can’t afford basic services? Fuck you, pay me!”
