European
debt reaches the amount of 21 trillion euros!
According to
recent information from the Greek public TV, Europe is drowning in
debt, while Grexit would cost more than 1.5 trillion! The Greek
journalists cited some data from a secret ECB report. We present them
below translated, as well as the specific part of the video:
The European
debt currently reaches the amount of 21 trillion euros. The
parametric losses from a potential exit of Greece, or, inability to
repay its debt, is more than 1.5 trillion for the whole European
system.
Up to 2030,
the Greek state, under the current debt situation, will have to pay
322 billion euros, from which, 160 billion are for interest rates
(another whole debt). When Greece will (and if) manage to repay this
debt, 300 billion more will be left to pay in 2030!
This
information gives another reason of why the neoliberal unholy
alliance (ECB, IMF, European Commission), wants to keep Greece locked
inside the euro currency madhouse, apart from finishing the brutal
neoliberal experiment and looting the country.
Furthemore,
it highlights the very bad strategy of the Greek PM, Alexis Tsipras,
who couldn't see that Greece actually had a strong negotiating
position as it could blow up the whole eurozone. As a consequence, he
fully retreated to the absurd demands of the euro-hyenas,
signing a third catastrophic memorandum in summer 2015.
Tsipras
should had listen his then minister of finance, Yanis Varoufakis, who
rightly insisted that Greece should show to the ruthless creditors
that it is not willing to retreat on their absurd demands and that is
ready even to exit the eurozone. Varoufakis described recently how
Angela Merkel actually sacrificed Greece
to save the Franco-German banks.
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