Friday, June 26, 2015

What is embedded in the Greek tragedy.

Ever since the Troika forced Greece to accept "austerity," the Greek economy has contracted by 27%.
Is there a way out? Here is what the Russians offered:

1. Greece defaults on its Troika loans and reinstitute its own currency;
2. It leaves NATO;
3. Rnssia and China will help with current financing;
4. Russia will build a pipeline through Greece, which should help over the years.

If Greece left NATO, it would encourage others to leave and stop the Western powers from unleashing WWIII in order to stimulate their economies.

Greek politicians are afraid that if they act in the interests of their citizens they will face attacks from the West, possibly from Turkey.

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