A
short story of how an entire nation was sacrificed to save the
banksters
Former Greek
Minister of Finance with Tsipras Administration, Yanis Varoufakis,
gave another interesting interview on Greek TV recently, revealing
further interesting details about the Greek situation and the
European situation after the eruption of the 2007-08 major financial
crisis, Brexit, refugee issue and the rise of Far Right in Europe.
In a small
part of the interview, Varoufakis told the short story of how the
German chancellor, Angela Merkel, sacrificed an entire nation
(Greece), in order to rescue the German and the French bankers. This
explains also why the French president, François Hollande, was only
pretending that he was on the side of Greece, while in reality he was
hiding behind Merkel and did nothing to protect the country from the
orchestrated destruction imposed by IMF, ECB and the European
Commission.
As he said:
The reason
for the huge loan that was given to Greece in 2010 has nothing to do
with saving Greece from bankruptcy. It has sunk Greece deeper in
bankruptcy. It's very simple: it has been given so that a direct
finance of Franco-German banks would not be necessary.
In 2009,
Mrs. Merkel experienced a big shock. Some of her advisers called her
and told her that the Frankfurt banks (especially Deutsche Bank,
having exposures of more than 30 times the German GDP) had bankrupted
as a consequence of the huge financial crisis that has started from
Wall Street and the collapse of Lehman Brothers.
So, Mrs.
Merkel was forced to 'swallow a glass full of political poison' by
going to Bundestag to ask for 500 billion euros for the German banks
which until a few months ago were swimming in profits. She was very
angry, she couldn't accept it because she was a politician that
actually represented principles like saving resources, not spending
taxpayers' money, and suddenly, she had to take 500 billion from the
taxpayers to save the bankers. She thought, 'I did, it's over, let's
move on.'
A few months
later, the same people called her and told her that they want another
300 to 500 billion for the same banks. They said (as an excuse
apparently), that this time we have Greece that is bankrupted, so if
Greece default on its debt Italy will be next and we will need
another 500 billion.
So, what
happened then is very simple: Merkel went again to Bundestag, yet she
didn't dare to request again money for the German and the French
bankers. She requested money in the name of 'solidarity' to Greece.
Therefore,
the money ended to save the Franco-German banks through the Greek
Ministry of Finance. This was the first memorandum for Greece.
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