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Thursday, December 18, 2014

Dumb-Ass………

Taking a page from the Barack Obama book of pre-capitulation as a negotiating tactic, the Syriza party has ruled out any possibility of Greece exiting the Euro:

Last week, the stock market in Athens suffered its worst day in decades, and Greek politicians bickered over the political uncertainty provoked by the presidential vote.

Greece's largest opposition party, Syriza is currently ahead in the polls. A snap election could find the party into power.

In an interview with EurActiv Greece, Papadimoulis, an influential figure in Syriza, attempted to dash these fears, saying that a Syriza government is committed to keeping the country in the eurozone.

“There is absolutely no case for a Grexit. Those who invoke such a possibility play a propaganda game against the Greek and European economy,” Papadimoulis said.

He added that the actual danger for Greece is its social disintegration and its transformation intoto a “debt colony” and for Europe, a new phase of recession, higher unemployment and poverty.

In an attempt to appease international lenders and possible investors’ fears, Papadimoulis made it clear that there is no Syriza party member who speaks in favour of returning to the drachma.
If you want to avoid Greece becoming a debt colony of Frau Merkel,* you cannot unilaterally disarm.

To the degree that you take a Greek exit from the Euro Zone, or possibly an exit from the EU off of the table, you are weakening your bargaining position.

Look at what Iceland did, and take f%$#ing notes.

*Horses whinnying.

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