Obama Has A Big Fat Greek Finger

[Raúl Ilargi Meijer]

Harris&Ewing Horse and Motor Oil, Washington, DC 1918 Will this Greek stuff ever stop? Probably, but don’t hold your breath. I was reading up on China
[See the full post at: Obama Has A Big Fat Greek Finger]

[Redtop]

So the real boss (USA) in EU realized their Brussel minions was on the way to turning a minor financing crisis into the biggest political crisis EU ever faced, over 5 Billion euros and some cleaning ladies.

[John Day]

Yes, this is the critical point in the game, where the deal is being sweetened, and it comes down to 2 players, not 3, to put the Grexit referendum to the people, in such a way as to satisfy the back-benchers, and pressure the EU to satisfy the Greek voter just-enough…
Masterly played, Yanis, masterfully played, now just step back and let it unfold.

[Glennda]

Thanks for the great coverage of this pivot point for Greece. And very good point that the US won’t let it’s minion, the IMF, make a crisis of a political point of austerity that works as an inverse to the good of the economy and people.

Charles Hugh Smith’s blog Of Two Minds has a clear discussion of why the EU won’t let Greece go into default, but will put the debt into a Zombi file and continue negotiations.

When Europe Gets Greece’s Jingle Mail: Dealing with Default (May 15, 2015)

https://www.oftwominds.com/blogmay15/Greece-default5-15.html

[palloy]

It is already Syriza policy to leave NATO. ( https://www.syriza.gr/article/id/53894/The-political-resolution-of-the-1st-congress-of-SYRIZA.html point 13.28)

Greece is the only NATO member to have Russian-built S-300 anti-missile defence system – in 1998 they took over a Cyprus order for them when Turkey complained. ( https://greece.greekreporter.com/2013/12/14/greece-tests-russian-made-s-300-air-defense-system/ )

Greece recently asked Russia for more/updated S-300 missiles. ( https://www.reuters.com/article/2015/04/15/us-russia-nuclear-greece-missiles-idUSKBN0N62A720150415 ) and presumably could be tempted by the offer of S-400 on special terms.

Russia’s longstanding friendliness with Greece and Cyprus (and EU’s harsh treatment of both), plus its new friendship with Turkey could see a big geopolitical realignment in the Black Sea/Mediterranean – certainly something the US has to avoid if at all possible.

Since this is only a fiat money problem which the US/IMF/EU/NATO has to fix, it WILL be fixed.

[Author]

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