Troika

The troika are claiming that they are giving the Greek government bailout money so it can reduce the government deficit to 3% of GDP which is clearly impossible.

So the troika bailouts are intentionally or unintentionally extracting money out of the hands and bank accounts of Greeks and giving the money to international bankers.

If this is an intentional ploy by the troika to send Greeks into poverty, what do they gain?

This bankrupting of the Greek private sector and private people means the price of Greek assets will fall. Prices of land, resources, property and infrastructure will also fall as there is less money in Greece to buy these assets.

While Greeks will see the prices of assets falling in some kind of relationship to their wealth. To international investors the price of Greek assets will be becoming much cheaper.

In short the parties that would gain by falling assets prices in Greece would be international investors who would be interested in buying Greek states assets such as land, buildings and infrastructure such as roads, ports and railways, private assets such as houses, harbours, natural resources such as islands and coastline, and Greek utility companies such as OTE, DEI, water companies, betting companies and so on.

We are told that the Greek financial crisis is down to the Greek government being unable to pay back loans it has taken from banks. Given that it is impossible for the Greek government to pay back these loans let alone service the debt, the banks will get their money back by imploding the value of Greek assets and buying them up at discount prices.

In short, the troika bailout tranches do nothing but harm the ability of Greeks to defend themselves against foreign investors.

And the Greek government is enabling the international investors to carry out their plans which are obviously against the interests of the Greek people.

In short, intentionally or not, the troika bailout outs are allowing Greek to be taken over by foreign powers. In effect a war, except there are no guns, only the threat.

"Now I understand what you tried to say to me,
and how you suffered for your sanity
and how you tried to set them free
they would not listen, they did not know how,
perhaps they'll listen now... "
Adaptive lyrics from the song 'Starry, Starry Night' by Don McLean, sung by Julio Iglesias.

http://joaquinfsousapoza.com/