"I will have my gold, and I will have the land, too!"
Posted on 02/27/2017 3:47:30 PM PST by Lorianne
Greece to Surrender Gold, Utilities and Real Estate in Exchange For Pieces of Paper Printed in Brussels It's official: The Germans will not allow debt relief for Greece. Instead, Berlin wants to send in the repo man.
The untold story of the Greek "bailouts" is that it wasn't a "bailout" — it was an auction of Greek assets. Real, tangible things with real, tangible value were seized in exchange for pieces of paper that guarantee Athens will be chained to Berlin and Brussels for the foreseeable future.
It's your basic extortion racket. As one rather gloomy (but intriguing) analysis puts it:
The debt problem continues to erode the European Union from within – it is already impossible to hide, and Greek tragedy, for example, is growing.
Against this background, Germany seems to have a consensus about how to get rid of Greece with its debts and inefficient economy. The scheme of this careless schoolboy by the ear from the class, it seems, differs only in details: either to expel or allow suffering - to provoke the Maidan in Athens, and then to expel in any case.
Bavaria’s 50-year-old finance minister and CSU politician Markus Soeder became the declarant of this ‘plan B’, who stated about the necessity of ‘a plan B’.
“New billions should only flow when Athens implemented all the reforms. Even then, however, aid should only be given against a pledge "in the form of cash, gold or real estate",” Soeder stated.
In his own way, he’s right – all conditions have been created for Maidan in Athens. Previously, the EU and the European Central Bank assessed all the Greece’s public property at 50 billion euro that does not even cover the necessary new loans on debt payments of this country (80-90 billion euro). Therefore, the collateral should be gathered from private funds through the expropriation of gold and real estate. Implementation of reforms will lead to the final death of the Greek small and medium businesses after bringing the taxation to "European standards", and namely such steps of the Ukrainian government have led to the Maidan in Kiev in 2013 with the collapse of the ruling regime in February 2014.
A bit too melodramatic? We forgot — we are supposed to use the friendly neoliberal term for this policy of national enslavement and communal suicide: "voluntary privatization."
the 4th Reich is upon us
Germany, master of the EU, won’t offer any further concessions on loans or write down.
They also won’t allow Greece to leave the Euro or the EU, and certainly won’t allow them to default on loads to large European banks or the European Central Bank who bought up much of the Greek garbage loans.
So the only path is for Greece to remain a debt-slave and political serf to the EU
“Voluntary Privatization”
More Newspeak. Every day it becomes clearer that we have indeed arrived at “1984”.
The bill is due. Pay up.
I find it hard to defend the EU for pretty much anything.
Having said that, Greece DID bring this on themselves and so I feel no sympathy except for the innocents caught in the middle.
Which bill do you mean? The 162 Billion the Reich forced the Greek central bank to loan them? The Krauts never repaid it.
“They also won’t allow Greece to leave the Euro or the EU, and certainly won’t allow them to default on loads to large European banks or the European Central Bank “
They can easily do both. If you don’t pay, you default. They cannot prevent that. And if they start printing Euros, or Drachmas or whatever, they Eurobanks will eat it.
Sounds like you’ve never met a Greek. They will eventually do both just to spite the EU.
They’ll shrug and do the Zorba life a while.
That’s the fun part of such debts. The lender is in as much danger as the borrower. Sometimes more.
The poor shop owner gives his soul to the loan shark.
"I will have my gold, and I will have the land, too!"
Greece is now a part of the new German Empire (a.k.a., the EU). Germany twice tried to conquer Europe militarily and failed both times. Now it is trying to do so economically. Like in World War II, Britain is the only European country to see the danger.
“The Germans will not allow debt relief for Greece. Instead, Berlin wants to send in the repo man.”
By the way, we hear what the Germans say. What about the opinion of France? The Netherlands, the UK for now, the Poles, the Italians, the Spanish.
Germany is playing Reich builder and they are gonna destroy the whole EU with their attitude.
“That’s the fun part of such debts. The lender is in as much danger as the borrower. Sometimes more.”
The way I heard it was, “if you owe the bank $10,000 and can’t repay it, you have a problem. If you owe the bank $10,000,000 and can’t repay it, the bank has a problem.
All Europe, Germany included, is just a colony in the blossoming New World Order. Its most important target for conquest: the USA.
Yep.... the lender is the slave of the debtor. Especially in the numbers they are talking.
The moral of the story is don’t borrow money that you have neither the intent or ability to repay.Socialists are always looking to get their debts written off,ain’t happening this time around.
And, here's another reason to be dancing in the rain in joyful thanks that our president is President Trump.
Can you imagine the taxation that would have been imposed by a ZeroIII admin under HillBill - to keep up with 'European standards'?
But do they still get to retire at 50?
The Greeks have sold themselves to the devil.
Their welfare state has bankrupted them and the Germans and the Greeks deserve each other.
The real question is: who is dumber ? The greeks for their welfare state or the germans for subsidizing it for as long as they have and expecting to be repaid.
Greece: The Venezuela of Europe
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