The Greeks are saying that the financial crisis was in essence engineered by central bankers to benefit the wealthy. I happen to agree with them. So their fight against austerity is a fight against those central bankers.
Unlike in the United States, where the government has bought time by extending unemployment benefits, in Greece the unions are very proactive, not waiting til the private sector or government does away with their jobs.
I personally am rooting for Greece. I think that the Euro is a currency concept that thumbs a nose at governmental sovereignty. I guarantee you that if the government of the United States was sovereign, there would have been no ponzi loans allowed by the Federal Reserve, which emanated out of Basel 2.
Greece is the populist center of the universe right now. If that country can take the euro down in spite of the powers of European central banks to make countries cry uncle and do their bidding, it will be a victory for main street everywhere.
So, to the Greeks I say, spend, spend, spend, and encourage your brothers in economic arms, the Spaniards and Italians, and Irish to do the same. If little Iceland, not a member of the EU, can stand up to the EU, the PIIGS can undermine her from within, restoring the sovereignty of nations and ruining the one world financial system that gave the US ponzi loans and credit card usury.
Oh, but I must be dreaming, as no one can win against the international banking cartel, can they? But remember, this system has at its center, not the IMF, but the Bank of International Settlements that calls itself and resides in the Tower of Basel. Therefore, the euro is a product of arrogance, and seeing it being taken down, while causing some deflation in the US, would be real justice.
And certainly, we could then put to rest the concept of the "amero", a creation of the CFR, if the euro fails. So spend, Greece, spend!
Disclosure: No positions
