Banksters
demand "political stability"
by
system failure
We have
already passed to the last month of the summer and the Greek
government is ready to "continue the job" taking new cruel
measures, following the orders of the Troika lenders. It is almost
certain that the European neoliberal economic empire has set a
specific timetable to finish the experiment in Greece, therefore,
current government will receive any possible assistance to end its
term on time.
As we are
getting closer to September, after the summer "relaxation",
international bankers mobilized Moody's to give the first "gift"
to the Greek government, upgrading Greece's government bond rating by
two notches.
After the
"success story" and "exit to the markets" fiasco,
as the power of the government coalition parties has been reduced
further after the euro elections, banksters worry even more for an
abrupt experiment interruption in Greece due to the higher
possibility of early national elections, so, they have launched
another operation to support current neoliberal government which
barely stands on its feet.
As expected,
the "official channels" of the local banking-media
dictatorship, reproduced the news with incredible speed. The
mainstream media anxiety to present the Greek bonds upgrade as an
issue of top importance, can be seen in the fact that in the most (if
not in all) central news of the biggest TV channels this was the
first theme, dressed - in many cases - with the "appropriate
analysis" concerning the coming recovery which never comes.
Argentina's default came as a gift from heaven for the Greek
mainstream media since it was used as an indirect warning of what is
going to happen to Greece in case of "political instability".
It's quite
characteristic that these two themes, i.e., the "upgrade of
Greece" and the "default of Argentina", were the first
in the central news of the biggest TV channels, close to each other,
so that the average viewer to get the "right message". The
big crime of Israel in Gaza, which is still taking place, suddenly
removed from the first place as a major issue.
What's most
impressive, however, and funny somehow, is the fact that the famous
markets with the banks and the rating agencies, clearly prove through
their own actions that they act purely with political criteria,
although they try to persuade for the opposite, by producing
technical analyses through which supposedly "evaluate"
national economies.
How else
could we explain the fact that Moody's has chosen this moment of time
to upgrade Greek bonds, when the condition of the Greek economy,
according to the data, is much worse than 2010 when Greece was
excluded from markets? When there is not even the slightest sign for
the "coming recovery"?
Furthermore,
how else could we explain the fact that according to Moody's "The
key factor constraining the rating at the Caa level is the continuing
high level of political uncertainty. Moody's stresses that there is a
high probability of early parliamentary elections by Q1 2015
primarily stemming from the eroding coalition majority and
constitutional rules related to the Presidential appointment due by
February 2015."
(http://www.macropolis.gr/?i=portal.en.economy.1415),
which is purely a political statement-warning in favor of the
preservation of the current political authority?
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