This could
be translated as an attempt by Greece to bring more of the
international banking mafia inside the dead-end Greek huge debt
issue, in a desperate last effort to escape the euro lunacy.
As Greece
has been left without alternative allies and solutions, the
government fears that a heroic exodus from the euro-currency will
lead the country to the abyss, as well as the eurozone. This is of
course Tsipras' fault who didn't go to the negotiations with the
Troika sadists having previously designed a well-organized plan for
Grexit according to the country's best interest.
Now, the
only option to escape from the euro-prison of austerity,
sado-monetarism and neoliberal destruction, is to declare full
obedience to the international banking cartels. From RT
:
As
concerns over Greece and its debt mount, Athens has reportedly
decided to call in Rothschild, one of the oldest financial firms in
the world, to navigate the country’s long-running creditor
stand-off and avert default.
According
to the Financial Times, Greek authorities hope to finalize the
appointment before crunch debt talks with eurozone finance ministers
on February 20. The date has been described as the last chance for a
bailout review with the upcoming elections in Europe likely to
dominate the EU agenda.
Sources
told the FT that Rothschild is expected to advise Athens on all areas
connected to its debt, including negotiations with creditors,
potential inclusion in the European Central Bank’s €80 billion
per month bond-buying program and the resumption of Greek government
bond sales.
They
added the bank will be paid a bonus when Greece regains access to
global debt markets.
[...]
The
appointment of Rothschild as sovereign debt adviser will require
ministerial approval. The bank will thus replace US investment bank
Lazard, which worked on Greece’s bailout talks in 2012, and is
currently acting as financial adviser to the Greek Ministry of
Energy.
“An
adviser is not being hired to arrange another debt restructuring with
private creditors, it is being hired to advise on official
debt. It will be a difficult job," said Mitu Gulati, a law
professor at Duke University in the US who specializes in the field.
“There is always the risk that you can antagonize bilateral
creditors when you bring financial advisers in and treat them like
private creditors.”
It is
certain that Tsipras administration will give 'earth and water' to
the cartels once and if they manage to pull the country out of euro.
Which means, actually, the most valuable assets of public property.
Greece will be looted anyway by the Troika, therefore, Tsipras
administration probably hopes that with national currency will be
able to right-off much of the debt and make a new start, without
risking another financial war.
It's an
illusion of course because the country sooner or later will become
again a hostage of the international banking mafia. The only chance
for Greece to save itself, is to create a solid plan for Grexit
according to its best interest, write-off debt and return to national
currency with the central bank under total public control.
Recall that
the country was already hostage of the banking cartels. Now it is ready to bring more of them
in the game, hoping that will survive in a balance of terror.
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