Greece and Economic Slavery

Excellent assessment! In 2009, Iceland gave the big middle finger to their creditors and allowed it’s banks to default, which led to a slow steady recovery. Greece should do the same and get a fresh start. Austerity measures only hurt the most vulnerable in society, the poor working class. It’s time for all sovereign nations to opt-out of globalist’ economic slavery. Pros & Cons of economic default:
http://www.bloomberg.com/news/articles/2011-06-15/greece-ireland-can-t-default-like-iceland

2 thoughts on “Greece and Economic Slavery

  1. The latest news (from the BBC) is that the Greek government has called a referendum for 5 July to allow the Greek people to vote on the latest bailout proposal – and the European Central bank has punished them by cutting off loans to the Greek banks (which have been floundering owing to billions of euros in capital flight).

    Greece, in turn, had no choice but to declare a bank holiday on Monday while they institute capitol controls (limiting deposit withdrawals) to keep their banks from failing.

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    • Thank you Dr. Bramhall, yes the Troika are sending a message, certainly turning the screws on Greece to force them to comply with due haste.
      Dr. Paul Craig Roberts quoted recently:
      ““We’ll see whether the Greek government willingly default and break with the EU. Now of course they may not be allowed to. They may be assassinated. It’s entirely possible. I’ve never thought that the United States would allow a new government in any of its vassal states to rise up and become independent of Washington’s control. So the new Greek government officials may have an ‘accident.’ All kinds of terrible things can happen to people, and have, that get out of sync with Washington. We’ve had several cases in Latin and South America of leaders who wouldn’t follow Washington’s line having mysterious deaths. There have been a number of them who have been overthrown in CIA organized coups.”

      http://williamblum.org/essays/read/overthrowing-other-peoples-governments-the-master-list

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