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It has
happened again and again. However, IMF insists on the same
recipe. What Greece faces can be seen in the Russian crisis back in
the late 90s. The only difference this time is that the IMF has a
united currency (euro) to use as alibi and a partner (Commission, ECB) to
blame for one more failure.
As Joseph
Stiglitz points in his book "Globalization and Its Discontents"
:
“The IMF worried that a
devaluation of the ruble would set off a round of inflation. Its
insistence on Russia maintaining an overvalued currency and its
supporting that with billions of dollars of loans ultimately
crushed the economy. (When the ruble was finally devalued in 1998,
inflation did not soar as the IMF had feared, and the economy
experienced its first significant growth.)”
and
“For the oligarchs trying to
get their money out of the country, too, the overvalued exchange
rate was a boon-it meant that they could get more dollars for
their rubles, as they squirreled away their profits in foreign
bank accounts.”
|
This
explains to a great extent the propaganda of fear launched by the
mainstream media long before Tsipras come to power, about the
disaster that Greece would face in case of Grexit. Public opinion has
been brainwashed to be terrified in such a possibility (although this
starts to change), because the return to national currency would be
the final crucial defeat for the Greek and the European elites, as it
could mark the fall of their financial empire.
In the case
of euro, the Greek oligarchs straightly profiting from the hard
currency. It is not accidental that the economically devastated
Greece is the country with the second growing number of
multimillionaires in Europe!
(http://failedevolution.blogspot.gr/2014/12/greece-country-with-second-growing.html)
MPs from the
River (Potami) party, repeat all the time that Greece must stay in
euro at any cost. Recently, River's leader Stavros Theodorakis,
stated in an interview to the journalist Nikos Chatzinikolaou, that
Greece should stay in euro at any cost because the other choice would
be a hell.
The River
party is an artificial creation by the banking-media establishment to
attract voters from the Left and be used to control or even throw
current government from power, if necessary:
http://failedevolution.blogspot.gr/2015/04/the-global-financial-mafia-promotes.html
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