Tuesday, January 27, 2015

Syriza says "screw you guys"

BBC - Syriza says "screw you, capitalist pigs". Some quotes and commentary:

It is unrealistic to expect Greece to repay its huge debt in full, the chief economics spokesman for the victorious Syriza party has told the BBC.

"Nobody believes that the Greek debt is sustainable," Euclid Tsakalotos said.

Exactly. If the Troika felt their debt was unsustainable before they demanded that Greece destroy their own economy, why would they think it's sustainable now that Greek GDP is a fraction of what it was?

But you can bet the EZ will never, ever, even for a second, admit their failure. Because the capitalist exploiter class has continued to make their fortunes.

"It's going to be a very funny and a very dangerous Europe with very strong centrifugal political forces if they signal that after a democratic vote they're not interested in talking to a new government.

"It will be a final signal that this is a Europe that can't incorporate democratic change and it can't incorporate social change."

They already hate democracy. It's already been proven. How can you tell? Because they've already been demanding that government policies enacted with democratic support be eliminated, in favour of the "new democracy" of the European kleptocratic elite.

All you have to ask is "austerity for whom?" and you see what's really been going on in Europe.

So why are investors not in a state of frenzied panic? Why have the euro and stock markets bounced a bit? One slightly implausible explanation is that investors believe the eurozone would actually be stronger without Greece, so long as no other big country followed it out the door.

Unfortunately, once you take all the weak countries out of the EZ, you're left with what's essentially a Deutschmark. Germany's economy will collapse because there'll be nothing to stop their currency from appreciating to the stratosphere again, and they'll be unable to export goods again.

German government spokesman Steffan Seibert stressed it was important for Greece to "take measures so that the economic recovery continues".

What economic recovery? Again, yet more proof that the Germans are living in a meticulously-constructed fantasy world.

No comments:

Post a Comment