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Alexis Tsipras Letter Highlights
Alexis Tsipras is the leader of the Greek Syriza party that just won in Greece, has published an open letter to German citizens that covers the following points. He is forceful, clear, honest and in my opinion correct. He misses a critical point that I am sure he is aware but does not mention. I will discuss it at the end.
The press and the bankers have created an environment in Europe where Greece is looked upon as an irresponsible state not willing to pay its debt. This is not true.
1. In 2010, the Greek state ceased to be able to service its debt. The collection of debt requires
a. Willingness to pay and – Yes – the state wants to pay
b. Ability to pay. – No means exist to do so.
European bankers treated the situation as if Greece was in just illiquid so collateralize your islands and we will extend your loan and loan you more.
What this does is
a. Extend the bankruptcy into the future. Reputable bankers would not. Disreputable bankers want to because their purpose is to cease assets not repay the loans. To do this incorporate the old loan which was not payable into a larger new loan which is not payable and attach national assets as collateral so that they can be seized when the new loan defaults.
b. Create a situation where Greece can lose national assets – – – some of its islands in this instance.
c. Get the people in power, politicians and bankers, in Greece to agree, extend the loan and keep themselves in power by “going along” with disreputable bankers who are looking to take some national Greek assets.
2. In strong contrast, the Syriza led by Alexis Tsipras disagreed with the position taken by the government in power at the time.
a. The Gigantic new loans and austerity depressed incomes and punished the lowest paid.
b. The European bankers pretended that the inability to repay could be overcome by larger loans, austerity and longer loan repayment periods. In fact they wanted the Greek assets and this is the 3rd world technique perfected over 30 years by the bankers being applied to a non-3rd world country
c. In fact, the nation of Greece cannot pay back the loan. They do not have the economic ability to pay it back. The bankers are creating a situation that undermines Europe and that will continue until someone stops them Greece is trying to do so.
d. The banker dealt with the problem as illiquidity. In fact, it is insolvency.
e. Unfortunately, European officials decided to pretend that this problem could be overcome by means of the nation’s largest loan in history on condition of fiscal austerity that would reduce national income from which the loans must be paid. An insolvency problem was thus dealt with as if it were a case of illiquidity.
f. The result of handling the problem this way is that Greece becomes a nation of debt slaves. They continuously pay and never get out of the hole. More debt does not solve a too much debt problem. The first debt was unsustainable. The second debt will be worse.
g. The result will be lost jobs, people being turned into beggars and paupers and human dignity being lost.
The banker imposed debts in 2012 are a failure but are still being imposed. Greeks must have austerity that reduces social security and pensions that is administered by the bankers – a new form of cleptocracy.
In my mind, the rumors for a Greek recovery are fake and dreaming. To declare the Greek crisis is “over” is worse than wrong. It is criminal. It provides hope where there should not be any since nothing has been done to solve the insolvency problem. The Greek growth rate has a negative growth rate since inflation is greater than the GDP of 0.7%.
Europeans and Germans deserve the truth about what is actually happening. Alexis Tsipras says:
“Greece’s debt is currently unsustainable and will never be serviced especially while Greece is being subjected to continuous fiscal waterboarding”
Further, he Alexis points out that
• Denial of fact will cost the German taxpayer
• Forcing this direction will a proud European Nation, Greece, to permanent insult
• Eventually, this will cause Germans against Greeks and Greeks against Germans
• The European Union will eventually start to fray and disintegration
A better strategy that Alexis Tsipras intends to implement
• Stop the Extension of Loans
• Stabilize the country
• Balance the Budget
• Reduce the taxes on the lowest income
• Put in place reforms that are endorsed by the Greek electorate and will be acceptable to the European Union.
The German people have nothing to fear from SYRIZA victory. Rather, Alexis says:
“Our task is to bring about a European New Deal within which our people can breathe, create and live in dignity.”
“A great opportunity for Europe is about to be born in Greece. An opportunity Europe can ill afford to miss.”
Russia and the Critical Issue
Not mentioned in the letter is “Where does Greece get the Revenue”? We should understand that Greece will negotiate the debt down. Further, they indicate here that they have the intention to pay. However, up to this point, they have the inability to pay. They do not have enough income to pay.
The fight in the Ukraine provided them a bonanza. Russia has suffered enough in the Ukraine. Russia supplies oil and gas through pipelines in the Ukraine. Ukraine has been stealing much of those shipments meaning Russia gets no revenue. Russia has closed the pipelines through the Ukraine and is opening them through Greece. This means major revenue for Greece. They get transport fees on all energy supplied to Europe over this route. The numbers should show that Greece could generate enough revenue to pay back the Germans and have a continuing revenue stream that can reinstitute some of their lost socialist benefits. The major benefit will be that they can retain their dignity.
Shot across the Bow of Illuminati Banks
Within 24 hours of his swearing-in, Tsipras formed a coalition government with the right wing independent Greeks party. He also chose strong leadership in his ministers:
• Yanis Varoufakis – Finance minister described IMF austerity measures as “fiscal waterboarding”.
• Panros Kammento – defense minister stated that Greece would be better off with the closer relations with Russia and China – – – remember the BRICS?
The harsh reality is that Greece has a 26% unemployment rate and 60% unemployment rate for under 30 years old. In addition, massive emigration is going on as well as runs on the banks.
The SRIZA movement may be the first of many. Leftist parties are looking for elections all over Europe. Next up are Spain, Portugal, Ireland and the Netherlands.
The illuminati bankers having new force firing at them – – – people in Europe that are fed up with the austerity measures forcing them into debt slavery.