General Discussion
In reply to the discussion: A lot of people here seem to have no clue about what's happening in Greece..... [View all]mckara
(1,708 posts)who haven't been violating the original treaty by cutting off funding to Greek banks, while sending money to stabilize Bulgaria, who is not even in the European Union. Yes, yes, yes neoliberal sycophants can find ways to justify transforming an economic policy into a political manifesto designed to destabilize democratic institutions and privatize public lands and landmarks.
The Drachma's value would plummet, if Greece moved away from the Euro, but we only have to look at Iceland, after the financial collapse in 2008, how countries quickly become more competitive and their recoveries are far quicker than accepting blackmail terms from financial terrorists in the ECB, EC, and the IMF, who are spreading out the pain for decades with austerity to subjugate Greece under their thumbs. Financial instruments are effectively weapons of economic destruction that make weaker economies in Europe colonies of the larger economic powers. Angela Merkel's Fourth Reich is doing what Adolph Hitler's Third Reich did without firing a shot!
In other words, I reject the entire premise of your argument and suggest you read the economic history of the West from World War I to the present before trying to convince people you know how to make a compelling argument.