Skip to main content

Greece's creditors gone completely insane!


We start to believe seriously that some kind of paranoia has taken over the unholy Troika of Greece's creditors. While the German sado-monetarists insist that the IMF mafia should remain in the Greek program, the IMF has set new conditions: it wants Greece to continue cuts and austerity even after the end of the cruel agreement (third memorandum) between Greece and its creditors (EU Commission, ECB, IMF), meaning, even after 2018!

From chelorg.com :

Greece’s Finance Minister Euclid Tsakalotos made against the requirements of the IMF legislation to adopt additional cost-saving measures for the period after 2018 the third of the assistance programme.

[...]

For its part, the international monetary Fund declares that it will fully participate in the program of lending to Greece, that is, to provide not only consultative, but also credit support, if Greece would agree to a number of new reforms for the period after 2019. The IMF believes structural reforms are needed in the labour market, pensions and taxation. «The IMF wants at present to legislate measures for the period after the program. It departs from the democratic culture in Europe. It is impractical to require a country participating in the program, to legislate for two or three years in advance what she will do in 2019. We are talking about the commitment that goes far beyond a democratic European framework and the moral values that inspire Europe,» said Tsakalotos.

[...]

Tsakalotos also said that Greece has not occupied most of the time at the meeting of the Eurogroup, and despite the fact that the Finance Ministers of the Eurozone approved the second review of the programme of reform was the General opinion that the Greek economy is recovering faster than expected.

Less than a year ago, the chairman of eurozone finance ministers, Jeroen Dijsselbloem, has stated that “I don’t see any flexibility on the 3.5 percent [of GDP primary surplus] in 2018 because it was one of the anchors of the agreement of last summer. So that’s going to take a huge effort on the part of Greece but I think it can be done,”.

In other words, after six years of orchestrated destruction of the Greek economy through the IMF recipe, the Brussels bureaufascists insisted on 3.5% primary surplus by a devastated economy! Either they are indeed sociopaths, or, the most probable, do not care about any surplus. They just use it to impose further cuts in pensions and salaries, further rise in taxes for the remaining middle class, to the last drop of blood of the Greek economy.

The IMF-adopted policies completely ruined Greece over the last six years, but the Troika sadists want to destroy whatever has left from the country. They want to make an example of Greece. They want to finish the experiment, loot public property, transfer the new conditions throughout eurozone. It is more than obvious now.

Meanwhile, in the newly released archive of 13 million pages by CIA, we found quite an impressive report concerning the IMF changing strategies on debtor countries. The report dates back to 1985, but what is even more impressive, is that, it was predicting an increase of instability in those countries, as well as, methods of reducing potential popular anger. The report was monitoring IMF's changing policy to enforce strict conditions and austerity on indebted countries that could cause political unrest.

We can find plenty of evidence of IMF-directed destruction all over the world since then. So, take a good look on what the IMF means and what the EU has become ...

Comments

Popular posts from this blog

Gaza 2 Years On: Yanis Varoufakis & Katie Halper on the Flotilla, Israel's PR Machine & What’s Next

DiEM25   Two years since October 7, Katie Halper (‪@TheKatieHalperShow‬) and Yanis Varoufakis join host Mehran Khalili to break down Israel’s genocide in Gaza, the latest on the flotilla, Israel’s influencer PR push, and the “peace plan”.  

World leaders rebel against US & Israel: to save Gaza, they demand international intervention

Geopolitical Economy Report   Leaders from dozens of countries condemned the USA and Israel in their speeches at the UN General Assembly, demanding international intervention to save Gaza. Diplomats staged a mass walkout to protest Netanyahu's speech. Ben Norton shows how Latin American governments are standing in solidarity with Palestine.  

Freedom Flotilla Coalition & Thousand Madleens to Gaza sailing to break the siege

Freedom Flotilla Coalition   The next wave is already being prepared, help us buy the boats and get them ready to sail!  

WikiLeaks reveals that literally every router in America has been compromised

The latest Wikileaks Vault7 release reveals details of the CIA’s alleged Cherry Blossom project, a scheme that uses wireless devices to access users’ internet activity. globinfo freexchange As cyber security expert John McAfee told to RT and Natasha Sweatte: Virtually, every router that's in use in the American home are accessible to hackers, to the CIA, that they can take over the control of the router, they can monitor all of the traffic, and worse, they can download malware into any device that is connected to that router. I personally, never connect to any Wi-Fi system, I use the LTE on my phone. That's the only way that I can be secure because every router in America has been compromised. We've been warning about it for years, nobody pays attention until something like WikiLeaks comes up and says 'look, this is what's happening'. And it is devastating in terms of the impact on American privacy because once the router...

Confirmed: US imperialists wanted to drag Russia into a war with Ukraine since at least 2019

globinfo freexchange   As we wrote in our previous article, after almost eight years, the US imperialists and the NATO criminals got what they wanted. They finally managed to drag Russia into a war with Ukraine.     We now have indisputable evidence for that, through a document by the top US think tank, RAND Corporation. In the preface of a 2019 report under the title Extending Russia, Competing from Advantageous Ground we read: [emphasis added]                            The purpose of the project was to examine a range of possible means to extend Russia. By this, we mean nonviolent measures that could stress Russia’s military or economy or the regime’s political standing at home and abroad. The steps we posit would not have either defense or deterrence as their prime purpose, although they might contribute to both. Rather, these steps ar...

Eurozone is ready to explode, but probably not for the reasons you think

globinfo freexchange Wolfgang Schäuble and the German leadership of the eurozone have good reasons to worry, maintaining an uncompromising attitude in the negotiations with Greece. But the repayment of Greek debt, which amounts to EUR 317 billion, is not one of the most important ones. The Greek debt is insignificant in comparison with the financial dynamite of the German (and other) banks, which in recent months gives more daily ignition signs. Only Deutsche Bank, the largest bank in Germany, is significantly exposed, holding dubious financial products known as "derivatives", worth 67 trillion euros. This amount is similar to the GDP of the entire world and 20 times greater than the GDP of Germany. Any comparison with the situation of the bank Lehman Brothers in 2008 would not be irrelevant. Just when Lehman Brothers went bankrupt, had available derivatives of only 31.5 trillion. The crisis of 2008 confirmed the concise definition of derivatives as proposed b...

Confirmed: Alex Jones' popularity rises after Infowars banning from social media

globinfo freexchange We wouldn't expect to be confirmed so fast on this. A few days ago in the article IT and social media supergiants have just made Alex Jones a hero in the eyes of the ultra-conservative audience , we wrote that Alex Jones' wet dream has just become reality thanks to the combined move by Facebook, Apple, YouTube and Spotify to ban Infowars. These private IT and social media companies couldn't give a better gift to him right now. At a time where Infowars was going through a saturated period according to the best scenario, the corporate giants actually saved it with that stupid(?) strategy. Suddenly, a corporate branch of the liberal establishment gave real value to Alex Jones' awful performance, pretending to be the 'anti-establishment' hero - just like Donald Trump - and made him a real hero in the eyes of the ultra-conservative audience that has been brainwashed by his absurd conspiracy theories. Only a couple of days later...

Stephen Hawking confirms: The problem is Capitalism, not robots!

globinfo freexchange According to world famous physicist Stephen Hawking, the rising use of automated machines may mean the end of human rights – not just jobs. But he’s not talking about robots with artificial intelligence taking over the world, he’s talking about the current capitalist political system and its major players. On Reddit, Hawking said that the economic gap between the rich and the poor will continue to grow as more jobs are automated by machines, and the owners of said machines hoard them to create more wealth for themselves. The insatiable thirst for capitalist accumulation bestowed upon humans by years of lies and terrible economic policy has affected technology in such a way that one of its major goals has become to replace human jobs. If we do not take this warning seriously, we may face unfathomable corporate domination. If we let the same people who buy and sell our political system and resources maintain control of automated technology, the...

How normal human behavior became a false mental disorder epidemic

globinfo freexchange In the early nineties, an epidemic of mental disorder was sweeping America and Britain. It had been uncovered by a new system for identifying disorders. Psychiatry had been attacked for relying on the personal and fallible judgement of psychiatrists. But instead, a new objective method based on checklists had been invented. These listed only the objective symptoms, and deliberately did not enquire into why the individuals felt an anxiety. In the late 80s, nationwide surveys had revealed an incredible picture: more than 50% of Americans suffered from mental disorders. But at the very same, the drug companies had announced that they had created a new type of drug, called an SSRI, which they claimed, targeted the circuits inside the brain that were causing these malfunctions. The SSRIs were marketed under names like "Prozac". What they did was alter the amounts of serotonin that flowed across the circuit connections within the brain, and they...

CIA had an agent at a newspaper in every world capital at least since 1977

Joel Whitney is a co-founder of the magazine Guernica, a magazine of global arts and politics, and has written for many publications, including the New York Times and Wall Street Journal. His book Finks: How the C.I.A. Tricked the World's Best Writers describes how the CIA contributed funds to numerous respected magazines during the Cold War, including the Paris Review, to subtly promote anti-communist views. In their conversation, Whitney tells Robert Scheer about the ties the CIA’s Congress for Cultural Freedom had with literary magazines. He talks about the CIA's attempt during the Cold War to have at least one agent in every major news organization in order to get stories killed if they were too critical or get them to run if they were favorable to the agency. And they discuss the overstatement of the immediate risks and dangers of communist regimes during the Cold War, which, initially, led many people to support the Vietnam War. globinfo freexchange...