Bye, Bye Greece
It’s over. EU, IMF en ECB have enough. Over the last seven years, enormous money transfers were made, boiling down to some 30,000 euro per capita, a large part of which will be gone for ever. Our sympathy this time is with the West for a change and absolutely not with the Greeks, who kept sabotaging every reasonable solution. Now the country is going to fall flat on its face. We feel utter contempt for the so-called ‘elite’, like Tsipras and Varoufakis, although we feel sorry for all the pensioners, who will face a terrible hard time. The Greek population probably by and large doesn’t yet understand what is going to happen, like rationing of imported electricity and the break-down of most government services. The Greeks saw their own leaders on television all the time in the company of the political grands, like Juncker, Merkel and Lagarde and they were confident that they wouldn’t let Greece fall. They were wrong. For seven years Brussels did all it could, now it is over. Enjoy the collapse Greece.
The first European priority should be to ensure that the euro remains stable, send some emergency aid to Greece at best and give them time to reintroduce the Drachma. We tried our best to save Greece, now we should think of ourselves and prevent that other European countries will follow the Greek example by thinking that they can get rid of their national debts for free and thus cause the collapse the entire euro- area in the process. No mercy with Greece.
The good news: the seemingly unstoppable drive to keep expanding the EU has now been stopped. Turkey and Ukraine don’t have a snowball’s chance in hell to become EU member.
It is likely that when the full truth starts to dawn on the Greeks, their former heroes Tsipras and Varoufakis will not survive very long. We bet on a return of the colonels to prevent a possible civil war between the left and right.