Jungle Drum Prose/Poetry     jungledrum.lingama.net/news

The ‘German group’ is forcing Greece out of Eurozone
by stavros Sunday, Jul 12 2015, 8:45pm
international / prose / post

Latest developments

Draconian preconditions to a desperately needed bailout for Greece have been set by Eurozone leaders – they amount to the most outrageous and humiliating attack on any sovereign nation in Europe in peace time.

To put it succinctly the German group forced other leaders to accept certain preconditions for Greece before any bailout is given, they include Greece surrendering fiscal control to foreigners, surrendering national assets as surety, and imposing even harsher austerity measures on the Greek people than were originally proposed prior to the 'NO' referendum.

The conditions are clearly unacceptable to any nation as it amounts to the complete loss of self-determination and sovereignty. These conditions are broadly viewed by experts as an intimidating means to force Greece out of the Eurozone, which the Greek people dread due to a lack of vision by the Greek government and/or an alternative strategy.

A total Greek default should be imminent and money printing should begin if it hasn’t already – Eurozone leaders have failed to appreciate Greece’s strategic value as the interface nation between East and West, which places it in a very envious and critical to the EU, position. A restart with a clean slate is the only sensible option for Greece now – that means a total default of all debt owed to European creditors.

If forced out of the Eurozone Greece would be forced to seek an alternative or parallel economy which of course exists as the BRICS/SCO or ‘Silk’ group of powerhouse nations, which are fast displacing the American created, Reserve Bank controlled, western debt-enslaved economies.

The ‘Silk’ group offers prosperity not slavery in the form of mutual assistance and development, it is the only viable alternative for Greece, notwithstanding Greece may choose to become the most enslaved and humiliated nation in modern history.

The current situation demands an immediate DEFAULT and rejection of the appalling thuggery of ‘former’ fascist nations.

Greeks are reputed to be fiercely independent, canny and not fools, so the ‘Silk road’ seems the only self-respecting road to take to maintain sovereignty and almost certain future prosperity. There really is no choice, as the German group has made compromise impossible -- they will live to regret the day, take note Washington.

See:



Jungle Drum Prose/Poetry. http://jungledrum.lingama.net/news/story-1721.html