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Andrew Anglin
Daily Stormer
June 15, 2015
Troubled winds are blowing.
Are these Syriza communists willing to bring down the system?
I doubt it. But it’s a good show nonetheless.
Greece will not ink with creditors an agreement which presumes unachievable financial obligations, the country’s Finance Minister Yanis Varoufakis said in a TV interview on Sunday.
“The point is that we will not agree with an unachievable fiscal plan,” the minister stated.
He also commented on the current differences over the target budget surplus. The target surplus of 1.2-1.5 percent was possible in March, but now it is impossible, he said.
The minister underscored that technically it is easy to hold negotiations, however political decisions are also important.
“A compromise between the two parties is technically easy to achieve, but political will is highly needed to make the compromise sustainable,” Varoufakis said.
He said that Greece has already agreed to numerous compromises.
Obviously, if Syriza had the balls to default, they would have immediately after getting elected, and all of this is just a show for the Greek people.
But the IMF really is pushing them beyond reason.
The International Monetary Fund (IMF) has “torpedoed” a recent bailout deal proposed by the European Commission to Greece which was made in an attempt to avoid a potential default by the cash-strapped country, a report says.
German daily Frankfurter Allgemeine Zeitung said the deal that European Commission President Jean-Claude Juncker proposed would have allowed the Greek government to postpone the implementation of cuts to pension payments worth about 400 million euros. Athens would have made similar savings on military spending in return for the proposal. The newspaper said in its Sunday edition that the IMF was against any kind of “bartering.”
There have been “tensions” in the past few days between the European Commission and the IMF over the issue of the Greek financial crisis, the daily stated, citing a “negotiator” as its source.
Greece and its international creditors have been in talks to reach a deal over the Greek debt. Greek negotiators flew to Brussels over the weekend in a last-ditch attempt to reach an agreement before a meeting of the eurozone finance ministers on June 18 that many regard as the final deadline.
Only a ZOG would tolerate this. The whole world is able to obviously see that these debts have nothing to do with the Greek people and forcing Greeks to pay them through austerity is just a sick form of Jew torture.
Meanwhile, the band of losers and outcasts called BRICS – made up of angry, failed nations, but nonetheless much better than NATO/EU/G7/IMF/USA/ETC – is consolidating their revenge plot.
BRICS is sort of like DC Comics’ Suicide Squad.
BRICS central banks experts are holding a two-day meet for drafting an operating agreement on the BRICS Contingency Reserve Arrangement (CRA) this weekend.
Officials from the five BRICS countries are meeting in Bodrum, Turkey on Saturday and Sunday to finalise the joint monetary fund ahead of the 7th Leaders Summit in Russia. Russia’s Vladimir Putin, China’s Xi Jinping, Jacob Zuma from South Africa, Brazilian President Dilma Rousseff and India’s Narendra Modi will meet for the Summit on 8-9 July in Ufa.
The $100 billion CRA was agreed at a BRICS summit in Fortaleza in July last year. China contributed $41 billion to the capital stock; India, Brazil and Russia each paid in $18 billion, and South Africa’s share is $5 billion.
The reserve fund will provide liquidity support to member countries in response to short-term balance of payments problems.
The CRA is meant to provide an alternative to International Monetary Fund’s emergency lending. In the CRA, emergency loans of up to 30 percent of a member nation’s contribution will be decided by a simple majority. Bigger loans will require the consent of all CRA members.
Meanwhile, the $100 billion development bank, funded by BRICS countries, will offer loans to other middle- and low-income countries.Membership of the BRICS Bank will be open to all members of the United Nations, subject to agreement from the bank’s board of governors, China’s Vice Finance Minister Shi Yaobin said last week.
The obvious solution for Greece is to flip the bird to the IMF and take a loan from BRICS. They can then re-institute the drachma and devalue their currency to something which makes sense. The West has no recourse. They’re not going to invade. And they can’t really sanction Russia any more than they already have, so that hole-ace is spent.
They could try and sanction Brazil, I guess?
