Everything You Need To Know About The Greek Crisis.

Those people who think I have suddenly become a right wing extremist because I have been supporting UKIP’s anti – EU, anti – Global Government stance and their resistance to the political mainstreams war on European cultures by be surprised to know that I was hoping for the Greek General Election to deliver a convincing victory for ‘extreme’ according to the Euronazis in Brussels and their friends in mainstream media) left-wing party Syriza.

The point is Syriza, while not actually anti – EU (and their are few anywhere who are totally against the European nations sticking together to form a powerful trading bloc against global hegemony by the USA, or the rapidly emerging counter USA bloc led by Russia, China and Iran. What Syriza are against is not simply Brussels imposed austerity as you will read and hear, but the surrender of the elected Greek Parliament’s sovereign powers to unelected EU bureaucrats.

But what gave impetus to the rise of Syriza from a fringe Marxist group to a party of government. And what pressures led them to form a coalition with a right wing party rather than any of the pro – Brussels groups of the soft left?

Anybody who does the Greek debt arithmetic (and it sometimes seems that nobody in Brussels, Berlin or the British media actually does – or can,) knows that Greece cannot repay its external debts, now around 170% of GDP, without a level of pain that is simply beyond the tolerance of democratic societies’. Furthermore, because of rules imposed by Brussels on members of the Euro single currency system in relation to welfare, immigration and financial policy, even with interest rates at or close to zero per cent, Greece could not repay existing debt as fast as it needs to borrow new money to stay afloat.

So the voters in Greece have elected to end their humiliation by the ‘Troika’ (EU/IMF/Capitalist Bankers) punitive austerity programme, by voting for a party that promises to unilaterally write off a large part of the debt.

It is widely believed (thanks to misinformation from Brussels and misreporting in mainstream media) that Greece’s bailout by the Troika, to the tune of 226 billion euros, was mainly aimed at keeping the bankrupt Greek state afloat, maintaining its basic operations and paying the salaries of its overpaid, skiving public workers.

WRONG!

The bulk of the bailout money actually went to the country’s banks and foreign creditors, mostly French and German banks. In other words, more than 80 per cent of the bailout funds were used to indemnify, either directly or indirectly, the financial sector (both Greek and foreign) against losses incurred due to their irresponsible lending to bad risk clients. Neither the Greek state nor it’s people saw any tangible benefit.

What happened in Greece is also what was done in South America Eastern Europe. Disaster capitalism. Setting in train a deliberate policy aimed at bringing entire countries to their knees by first encouraging debt by making cheap money available, then imposing predatory conditions, and then using the ensuing chaos and smouldering ruins to take full control over their political, economic and social systems.

The oligarchs supported by the bureaucrats of the Troika were not expecting the likes of left-wing Syriza Party, libertarian UKIP, or right wing groups like France’s FN or the Sweden Democrats to offer voters a way to defy the globalist oligarchical power grab. It will be interesting to see what attempts the EU will make to overturn this vote or what punitive measures will by inflicted upon Greece as a Nazi / Soviet style warning that the new mood of defiance should not spread to Rome, Paris, Madrid, Lisbon and others.

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