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.”