Greece – The
Triumph of Democracy – The First Day of a New Beginning
By Peter Koenig
Congratulations! – With a
resounding “OXI” = “No” – with 61% the Greek rejected the troika imposed
austerity. They joined a majority of economists worldwide, including from the
IMF, who also know that austerity doesn’t help recovery – and certainly doesn’t
wipe out debt, the noose around a country’s neck.
But – what does the decisive no-vote mean for the close to 39%
– Do they want more of austerity? – Hardly.
Or were they manipulated with fear-mongering by the mostly
privately owned western media, which also dominate Greece? – Blackmailed by the
threats of Brussels?
- Were they afraid of what’s next? – Western presstitute media
propaganda for a “yes” vote, spiked with fear, threats and purposeful confusion
One of the big misunderstandings among Greek ‘yes’ voters was
the uncertainty whether with a ‘no’ Greece could be expelled from Europe. This
is simply not possible. Greece is in Europe and stays in Europe, geographically
and spiritually. Expulsion from the EU and even the Eurozone is totally illegal.
There is no provision in the EU charter – absolutely none – that would allow the
European Commission to force-exit a country in ‘arrears’.
Michael Nevradakis, journalist and Fulbright Scholar, says
“we Greeks voted “No” to slavery but “Yes” tour
In the meantime the level of Brussels shrewdness has risen a
few inches. The Junker’s and Co. of this insane world – the man who has been
leading Luxembourg as an international tax haven for the elite and now is
leading the EU like his own casino fiefdom – corrupt and abusive to the core –
he has the audacity to ask for Yianis Varoufakis, the Minister of Finance’s
resignation. And what’s even worse – he and his minions got it.
Incredible – for a sovereign Greece to go that far in
submission – especially after having received such a landslide victory. The only
answer for Mr. Tsipras to give to Brussels is “you
don’t cross the red line any more, and much less are you going to dictate to me,
legitimate democratically elected representative of Greece, whom I shall appoint
as Minister of Finance. We do not need the Eurozone – not as a self-appointed
Why are Greeks so submissive and so adamant to stay in the
Eurozone? – The euro – in existence for a mere 15 years – is doomed. It is a
mechanism of oppression in the hands of corrupt mafia-type tyrants. They are
playing poker with the single EU currency – which they pretend nobody can leave
unpunished. “And since they may leave anyway, we will punish and milk them
before” – That’s the EC’s and ECB’s verdict, gladly joined by the IMF.
Nine out of 28 EU countries are not members of the
Eurozone – Bulgaria, Croatia, Czech Republic, Denmark, Hungary, Romania, Sweden
– and the UK. They live well, without the chains of the Euro around their necks.
Couldn’t Greece take a hard look at them – and realize that starting afresh with
their own currency would be a relief.
Why did even the IMF soften its words in the last few days
– admitting that Greece will be unable to pay back its debt, and that debt
release might be considered? – Could it be that Washington, the de facto owner
of the IMF, mandated their monetary robot to help avoid a Euro implosion that
may have repercussions on Wall Street and related globalized banks, as well as
on globalized US-led business – including the mega weapon industry? A collapse
of the Euro would also mean a heavy blow on NATO which would, in turn, hurt
predominantly the US war industrial complex.
It increasingly looks like a Grexit might trigger others
to follow – Spain, Portugal, Italy – even France, all NATO countries; all of
whose debt situation is at least as bad a Greece’s. Ultimately even Madame
Merkel’s Germany might be caught in the whirlwind. If asked today, 60% of
Germans would like to exit the Euro. Without predicting doomsday, that could
mean the end of the western monetary circus – good riddens!
Appealing to the people of Greece, there is no reason for
fear. The first step across the threshold to freedom is done. Is it a bold
decision into an uncertain future, as some say? Not at all. Others have done
this before, like Argentina in 2001. Tthey came out of their crisis, stronger,
more secure and free from the shackles, in their case, the US-dollar. Greece has
an added advantage – Russia and China – Eastern Europe and Asia, are waiting in
the wings – ready to assist Greece in every way.
Mr. Alexandre Dugin, the founder of the Russian School of
Geopolitics and close confident of Mr. Putins’s made this statement, just ahead
of the Greek vote –
“The Russians are on the side of the Greeks, we will not
leave them alone in their suffering, we will help them and give them every
possible support. Brussels and the liberal hegemony seek to dismantle
Greece. We want to rescue it. We took our faith from Greece, as well as our
letters and our civilization. We bear responsibility for the Greek people,
who is the historical teacher of Russians, the founder of our spiritual and
literary culture. We bear responsibility for Europe and we should be
guarantors of its freedom, independence and sovereignty. “
What if peoples of other countries requested a referendum?
This time the wording might be stronger – for a ‘yes’ or ‘no’ on the EU monetary
union. Europe-wide a ‘no’ might outweigh a ‘yes’. The unitary currency, instead
of being a unifying link for a future federation of sovereign European nation,
the euro has become a tool for fraud by Wall Street led globalized banksters and
supported in Europe by the Mafiosi BCE. The dreamt-of ‘future federation’ of
European states was never in the plans. The western oligarch-owned media were
duping the European public into believing in the vision of a united Europe.
The Greek manufactured crisis, followed by the European
manufactured ‘crisis’, instigated by the instruments of Washington, FED, IMF,
Wall Street, was tolerated and even encouraged by EU politicians, Washington
vassals. A weak euro, not an eviscerated euro, would help strengthen the
declining dollar (lest it might lose its hegemon status of international reserve
currency) – and at the same time loot the social safety nets and public
enterprises of small (and artificially indebted) southern European states.
The arrogance of financial feudalism may not stop there.
France, even after Sarkozy’s socially destructive reign, has still a lucrative
social safety net and public institutions to be dismantles and looted. Mr.
Holland may not like it, but stooges for the empire are eventually responsible
for their own downfall.
Greece needs now a Plan B quickly. There is a small window of
opportunity, a ‘shock window’ of sorts – three to five days – during which
Brussels and the IMF may regroup and devise a new strategy of blackmail and
oppression. During this ‘break’, the BCE may even give Greece minimum oxygen to
survive, continuing for a few days more the flow of ^0 euros per person per day.
The first and preferred option under Plan B might be outright
exiting the Eurozone and returning to the drachma, nationalizing Geek banks and
converting the Greek financial system into public banking – a proven tool for
revamping economies, as public banks would work with stimulating conditions for
the local Greek economy.
A second option might include a temporary two-tier system,
using in parallel to the euro a devalued drachma, controlled by the Greek
Central Bank to stimulate and revive the local economy, while the euro is being
used for international transactions; much like China did with a similar
objective – using two differently valued Yuans / Renminbis – until 1984. Once
the economy has recovered, Greece might convert to a single currency. The debt
could be renegotiated at Greece’s conditions, leveraging full exit from the
Eurozone against debt write-offs. The drawback of this choice would be the
troika’s fist still on Greece’s neck.
The next few days are crucial. Syriza is to hold fast on an
anti-austerity red line – and controlling one way or another Greece’s own
currency. Imagine – the allowed US dollar QEs (Quantitative Easing – the FEDs
indiscriminate generation of money) being dictated to the FED by a phantom
supra-natural force, say the EU. Unimaginable. But this is precisely what the
troika is doing to Greece. A country’s autonomous control of her money mass is
crucial for reviving an economy. Period.
The western fraudulent monetary system is doomed. It is a mere
question of time. The time is now for Greece to abandon this sinking ship.
Greece has a bright future ahead. Just seize the moment and be open to the
opportunities offered by the east, by Russia and China.
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 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.