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Default without Grexit: Are they all pre-planned eventually?

globinfo freexchange

A controlled Greek default scenario inside euro under a new government of technocrats has been developed by Berlin and ECB, according to a report in the Italian newspaper La Stampa.

The "war room" of ECB and eurozone Finance ministries is ready to openly discuss the worst case scenario, the newspaper writes and argues that one of the "hypothetical choices" examined by the German government and the European Central Bank is the possibility of default without Grexit.

According to this scenario, there will be a kind of short - controls within the country, coupled with a mild program to deal "humanitarian crisis" and an EU emergency program to avoid the collapse of the Greek banks.

La Stampa notes that the possibility of default inside euro has been “suggested” by the president of Bundesbank, the German central bank, who in a recent speech stated: “Member States must take responsibility for the impact of their political decisions. There must be a correlation between the control and obligation. Ultimately, this implies the possibility of default for a state, without the collapsing of its financial system.”

Source:


So, is everything determined from the start? This is probably a plan by the lenders to bring Greece progressively back to the course of the neoliberal catastrophic policies with the help of technocrats. How will SYRIZA respond?

We should remind that Paris Koukoulopoulos, member of PASOK party, said in 2011 that the then Finance Minister, Giorgos Papakonstantinou, made a significant statement according to which the issue of Greece's default was transferred to 3-4 years in the future! Koukoulopoulos said clearly that this was a choice of the EU and an agreement with the then Greek government! (http://bit.ly/1CZnbKo)

Scenario 3:

Neither the neoliberal nor the anti-neoliberal front will be able to form government. In that case, the political dead end through repeated elections may give the suitable excuse to see a technocratic government by banking puppets, which will be presented as the only viable solution. This sub-experiment has already been tested in Greece and Italy through the banking puppets Papademos and Monti. This "solution"-parameter in the Greek experiment could be proved a dangerous threat to European parliamentary democracy, as may be used in other countries in times of political crises, becoming permanent practice and finally, establishing definitely the sovereignty of the plutocrats against the majority.

Comments

  1. Anonymous1/5/15 16:58

    Unlike in Italy I hope the Greek people respond to direct banker rule with ropes and lamp posts.

    ReplyDelete

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