Debt and Austerity: Greece Continues to Be Sucked Dry – and Nobody Stops the “Economic Bloodletting”

Saturday, July 30, 2016
By Paul Martin

By Peter Koenig
Global Research
July 30, 2016

How long will this go on? How long will we see the photographs of a Mr. Tsipras and his Finance Minister in despair. Yet the blood-letting continues.

Already new austerity measures are being projected for 2018 – between 5.4 billion EUR asked by Europeans and 9 billion EUR requested by IMF – and the securing of the Greek debt sustainability through deep restructuring measures (meaning more selling of public assets to foreign corporations), as reported by journalist Yannis Kibouropoulos.

Yes, € 9 billion by the IMF, of all institutions! The very organization that has ostensibly pledged with Greece’s creditors to forgive some of the debt to let the country breathe. This noble idea seems to have given in to the abject, murderous greed of the banks, one among them, the Deutsche Bank, currently the most vulnerable and indebted in the world, not just in Europe, for its derivative exposure of almost € 66 trillion, or about the world’s GDP. The globe’s most criminal financial speculator is to be paid more of Greek blood to nurture its horrendous vampire thirst for more criminal acts, clubbing the weakest of this globe, sucking out the last drop of blood.

When does it stop? – When does the Greek People stand up and demand that the government stop unilaterally this bloodletting – which of course affects none of the ‘leftist’ SYRIZA’s decision makers, to the contrary, we can only imagine how they are being compensated for allowing this monster theft of the peoples’ assets to continue – apparently endlessly, until the last straw, the last drop of water, the last health clinique has been privatized by foreign corporations.

Greece’s debt to GDP today stands at close to 200% in mid-2016, as compared to a mere 109% in 2008 when the man-made crisis started, inspired by the FED-IMF-Wall Street- ECB-EC – instigated by the one big western criminal schemer organization. It was supposed to trigger the crisis in Europe for saving the dollar – and as a by-product steal European peoples’ social assets, assets that belong to the people who paid for it. Greece was to be framed. Her debt was unsurmountable and would affect all of Europe. Greece – the EU country that contributed barely 2% to Europe’s GDP, was ‘guilty’ of provoking a European crisis that eventually had and still has worldwide implications. How ridiculous!

The Rest…HERE

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