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13 August, 2015

Merkel's turn to play delay against Tsipras and here is why

by system failure

A few months ago, Alexis Tsipras managed to escape for a while from troika's tight rope to gain some time and prepare for a final conflict. In February he achieved a four-month truce period with the European Financial Dictatorship (EFD), hoping that during this short period he would be able to build strong alliances inside and outside the EU, or, probably prepare for Grexit.

Unfortunately, it turned out that the EFD had already captured Greece, thanks to the cooperation of the previous neoliberal governments, leaving very little room to Tsipras to proceed in key tactic moves. Of course, the Greek PM appeared also less brave than originally showed, and this is probably a result of his close partners in the government core, who are the most moderate among the SYRIZA MPs.

However, despite the final defeat, the Greek government managed to reveal the true face of the EFD to the European people and this was a significant gain which may be proved decisive for the future. It was the most important achievement from Tsipras' delay tactics. Without it, the defeat would be total.

Now, we observe a reversal of the roles. Tsipras rushed to close the 3-year deal with the creditors which include also the European Stability Mechanism (ESM), although it contains new cruel measures which will lead the economy to further recession. However, Merkel called Tsipras to tell him that Germany still worries about the implementation of the deal and that it would be probably better not to be closed yet, but rather proceed in another bridge-loan.

Why Tsipras rushes to close a disastrous deal and why Merkel tries to delay it?

Tsipras hopes that the EFD will loosen the rope around Greece under a fixed deal. He hopes to gain some stability without the threat of uncontrolled bankruptcy, so that to start progressively building a parallel program closer to that declared by SYRIZA, providing some relief to the people. Meanwhile, he hopes that the economy will start to recover slowly.

Merkel doesn't want to take the slightest chance. She feels that she already retreated, as some of the final elements in the Greek experiment were left out of the agreement for now. However, the German puppets (Merkel-Schäuble) are receiving extreme pressure mostly by the German oligarchs, to impose all those cruel, neoliberal measures which are necessary for the successful completion of the Greek experiment, to the last detail. If something goes wrong, the desirable federalization according to the experiment may be blown up.

Therefore, Merkel feels that it would be better for now to proceed in such continuous bridge-agreements with Greece so that she will be able to blackmail through the termination of the program each time, which would mean of course the interruption of liquidity to Greece. This way, she hopes that she will force Greece to implement every single detail of the experiment and pass it to the whole eurozone.

In any case, Tsipras is wrong again. It's almost impossible, even under a fixed 3-year period deal, to implement a parallel program under the certain custody of the EFD and the IMF mafia. Again, the only thing he should do, is to take advantage of this disastrous deal and create a serious plan which will truly allow Greece to exit eurozone.

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1 comment:

  1. Correct. I will help if the goal is other than maintaining credit with corporatistas.

    ReplyDelete