by John Galt
July 15, 2012 20:15 ET
The disaster known as the Greek economy and corrupt political system is about to come to a thunderous conclusion where decades of hard Western loyalties and values purchased via post-colonial assistance from Great Britain and the willingness of U.S. President Truman to fund and support the pro-Western elements during the post World War II period. Fifty plus years later, here the world is on a brink of a collapse of modern day central bankster inspired crony capitalism and the ultimate re-establishment of a new model based on Lenin’s principles.
The news from Greece is getting more dire by the day. The mainstream media wants to promote the idea that everything in the world is intact, the central banking model is infallible, and the United States along with the European Union will ensure stability regardless of geopolitical circumstances and financial reality. However, the experience of a tiny nation compared to the mighty GDP’s of the U.K., Germany, and the U.S. is about to remind the world that political-economy is alive and well along with the incompetent greed of those souls who insist that people are numbers and the masses will submit for basic needs versus the perceived ancient ideas of nationalism and freedom.
This week the ElStat, the Hellenic Statistical Authority reported that the unemployment rate for the nation of Greece was at 22.5%. The other statistics from their website is a nightmare of Euro-Socialism collapse which should terrify anyone with sanity left in their brain stems:
The destruction of the economic system with the decline across the board in the economic statistics the nation is reporting is one thing; the prospects of things getting worse is another. The Greek newspaper Ekathimerini.com reported on Friday the following story which casts doubt on the ability of the nation to restart the economy and grow out of the crisis, much less service the overbearing debt:
From the article above:
Unemployment in Greece, which officially reached 22.5 percent in April, will rise to 30 percent by the end of the year unless action is taken now, one of the country’s leading labor experts claims.
Savas Robolis, economics professor and director of the Labor Institute of the General Confederation of Greek Workers (GSEE-ADEDY), told Skai TV that the current austerity policies in Greece and other eurozone countries would exacerbate unemployment.
“The policies that are being followed in Greece and Europe mean it is inevitable that the macroeconomic figures will worsen,” he said. “In Greece, one employed person covers the costs of caring for an unemployed person or pensioner. This cannot continue.”
Whoops. So the very programs the austerity hawks and Brussels-Berlin banking cartels wish to impose on the people of Greece are actually making the situation worse. Imagine that. Then think about just how close the avowed radical Socialists came to power in the last election and take one moment to think about the consequences of four to six more months of economic contraction in the Hellenic Republic.
Odds are the people who are losing everything are considering the problem and thinking seriously that a hard shift further to the left is the cure because that is, as usual, the easiest path to choose. The problem is not that the current leadership masquerades as tools of the central banking cartel; that much is fact. The real dilemma is that like Greece, the political elites of Europe and North America parade as capitalists instead of the Fascist supporters of state capitalism using central banking voodoo that they really are. When this is all said and done, a radical socialist if not outright communist regime will seize power, default, and throw the entire Balkan region into total disarray, much like what occurred in 1914 as the Austria-Hungarian Empire collapsed.