Greece’s
gross debts add up to around $320 billion in nominal value, according
to the International Monetary Fund. That’s big compared to the
Greek economy, but tiny compared to the world outside. It’s less
than 3% of the entire eurozone economy, which is about $13.5
trillion. So even if Greece refused to pay one more nickel of its
debts — an outcome no one is suggesting — the eurozone could make
up the difference with about eight days’ output ... or an
hour’s money-printing by the ECB.
George Soros tried to get rid of Yanis Varoufakis because the neoliberal regime could not handle Greece and Ukraine simultaneously
globinfo freexchange In a recent interview at the Greek channel, Crete TV, the former Greek Minister of Finance, Yanis Varoufakis, made some interesting revelations. Among other things, he actually confirmed what the blog thought until now to be an exaggerated far-right conspiracy theory. He essentially confirmed that George Soros intervenes directly to political leaderships, substituting political institutions in Europe and elsewhere. Varoufakis said that, on June, 2015, George Soros tried to contact Alexis Tsipras via his own ‘channels’. In the interview, Varoufakis claims that he had no idea what Soros wanted to talk about. As Varoufakis also writes in his book Adults in the Room: My Battle with Europe's Deep Establishment, for years he has been falsely portrayed by the pro-troika establishment and the anti-Semitic Right as Soros’s stooge in Greece. Yet, Soros’s message to the Greek prime minister, Alexis Tsipras, came as a perverse vindication. ‘ Fire...
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