The Western financial mafia rewards the bankrupt Greece at the same time it sinks the Turkish economy - guess why
As
we mentioned
recently, credit
ratings agency Standard and Poor's has upgraded
its outlook on Greece to positive, citing improved policy
predictability and economic prospects. The
agency said that this reflects a possible upgrade if the authorities
unlock Greece's growth potential by boosting competition in product
markets, bolstering property rights, simplifying bankruptcy
procedures and improving the enforcement of contracts.
We
are talking about the country that was excluded from the markets and
entered the disastrous IMF program supervised by its creditors (ECB,
European Commission, IMF), with a debt at 120% of GDP. Guess what:
now the euroclowns decided that the country no longer needs to be in
the program with a debt at 180% of GDP! And the rating agencies of
the global financial mafia decided to upgrade Greece!
Just
when the ruined Greek economy was left alone to swim with the sharks
of the “free markets”, the mechanisms of the Western imperialism
rushed to provide the country with the necessary credibility. Why
now?
Here
is why: Greece fully obeyed to the desire of the Western
neocolonialists to cut ties with Russia. Indeed, ties between Greece
and Russia dramatically deteriorated after the Greek government
decided
to expel
two Russian diplomats, and ban the entry into Greece of two more. The
action came on the alleged intrusion into domestic affairs and
illegal acts against Greece's national security.
The
whole Western financial mafia apparatus boosted a little more Greece
at the same time the US empire declared a financial war on the
neighboring Turkey:
The
cost of insuring against a debt default in Turkey overtook that of
Greece, which is rated four notches lower by Moody’s Investor
Service. The lira has slumped against the dollar to record lows this
week, fueled by concern about the nation’s worsening relationship
with the U.S. and authorities’ ability to anchor the nation’s
assets.
Both
Greece and Turkey are US and NATO allies. How did that happen?
Short
answer: the US empire rewards the Western debt-colony Greece for its
loyalty and punishes Turkey for approaching Russia.
Flipping
Turkey from the "western" to the "eastern" camp
can be seen as part of Russia's Black Sea strategy. It is repeat of a
mid 19th-century plan executed under Tzar Nicholas I. The current
plan is so far successful. But it collides with the U.S. plans to
revive NATO for another lucrative Cold War. Thus the current U.S.
plan is to use Turkey's economy problems to finally bring Erdogan
down.
For
those who still believe in that neoliberal fairy tale about the
supposed 'free markets' that operate 'automatically' through a kind
of 'invisible hand'.
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