GREECE-Best explanation yet

[Iwillnevergiveup]

SNIP####

"The Greek people have stood up. By an overwhelming margin, they rejected the harsh, unending, austerity that the “Troika” – the International Monetary Fund, the European Union and the European Central Bank – dictated for them. They stood with the leaders they had elected to demand an arrangement that would offer some hope. The barely disguised effort of Europe’s powers to topple the Syriza government has failed.

Events will move rapidly now. Here are four things to remember in the swirl of meetings, pronouncements and smash-ups."

1. Syriza does not want to leave the Euro or the European community.

2. The Troika's policies will drive Greece out of the Euro unless they are reversed.

3. The Troika's policies are indefensible.

4. This is part of a continued war of the few on the many.

SNIP####


http://ourfuture.org/20150706/the-greeks-say-no?utm_source=progressive_breakfast&utm_medium=email&utm_campaign=pbreak

[Iwillnevergiveup]

1. The Shock Doctrine

in full display.

[HassleCat]

2. You have a point

The EU was quick to admit Greece back in the day when they were all hot on adding member nations. They made a few pro-forma objections, but they knew they were admitting a financially unstable new member. Now they want Greece out. or better or worse, people. If it's any kind of "union," you agree to stick together through the bad times. They now the first principle of Keynesian economics: spend money when you're doing badly and save money when you're doing well.