Greece out of Europe? What does that mean? Watch this Stratfor analysis...

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Is it by overlooking the Greek history, is it its geography or something else that caused the hair-raising crisis that its population must suffer. There is no discussion about: Greece is bankrupt and will -miracles excepted- never be able to stand on its own feet for the rest of this century. Although: neither did it before. This observation lies at the very foundation of a recent analysis by Strategic Forecasting, Inc. or STRATFOR, from Austin, Texas. It's one of my trusted sources for geopolitical information. It provides quality-intelligence to broadcasters, politicians, companies and people like you and me. The current analysis of Greece is very clear and informative. It leaves little to be desired to put the crisis in a proper geopolitical perspective. Can Greece be saved by pumping hundred of billions of Euro into its economy? What is the outlook for creditors and the rest of Europe? Politicians are dragging their feet to tell the truth. Now STRATFOR does it for them...

Url movie: http://youtu.be/zDINQ6k9jYQ

A harsh conclusion is drawn in the factual STRATFOR analysis. The repercussions for a 'united' Europe, the Euro and the world would be dramatic if Greece unexpectedly turned its back to all debts and go the Argentine way. However, how far can a government go with its population? Cutting wages, jobs, pensions and at the same time imposing more taxes and levies to at least 'save the banks' is a surrealistic Catch-22 for Athens. Restructuring its huge debts is but a temporary pseudo-solution, then how to restructure the economy? The two factors are intertwined. You can't live from assumed antiquities that still attract tourists, or the export of olive oil and some agricultural products. What to do with the overwhelming bureaucracy and officialdom? How to create high quality jobs? How to prevent the brain-drain that is going on? It's for all of us a dreadful situation and an example that we live in a house of glass, a fragile world of make-belief. It could well be that Greece defaults in the weeks and months to come, which would most likely result very soon in a world-without-money. Maybe I should save the golden bracelet I inherited a little longer, or buy some gold now prices briefly went down. It's a plain gamble to speculate the Euro will still exist at the end of 2012. I am sure that year will be a historic one, not only while the Mayan calendar ends in December of that year...

John
--See comments for more--

Feeling left in this world, then do see this... James Delingpole explains the climate.Goal-oriented, are you?

Comments

Mad Scientist (عادل)qlue Saturday, October 1, 2011 10:56:48 AM

Just a thought. It seems that the only way the Eurozone might survive is if it is to become the epicentre of a new global, multinational war. (aka: World War Three)
The Ironic truth is that Europe was 'bankrupt' just before WWI. That is to say, they produced nothing. Then, just before WWII, they were again in quasi decline. Germany was building up it's Military power mostly because they had nothing else to build on. After WWII, Germany was technically bankrupt, but it's location made it highly sought after with the whole World trying to own a piece of it. They were able to leverage this to their advantage and became a manufacturing and commercial 'superpower'. (although technically weak from a military and political view)
I was taught in school that WWI was started by the assassination of Prince Ferdinand. (whoever he was) but common sense tells of that his assassination was merely a convenient excuse. irked. (maybe too convenient?)
were the two 'Great' wars deliberately planned and pre-meditated in order to make Europe too important to ignore? And if the answer is 'yes', is it about to happen again? scared.
Read Isaak Asimov's "Foundation" series and then ask yourself, were there books possibly based on something that is real and happening today? scared.

Dr. John v. Kampennepmak2000 Saturday, October 1, 2011 2:10:34 PM

http://youtu.be/QmzRSUSoShI
This Stratfor analysis might give you an answer on the above. Yes, WWI was an adventure indeed. It changed warfare anyway. But if a new WW is 'the solution'? I doubt it very much...

Psychohistory or not, the Asimov Foundation stories are mere SF and way out of our reality and the one we may expect the next 60 years, I think. Although President Obama admitted lately the "ethics were not his favorite classes" and we might object many of the US dealings in the world, it remains the largest free economy with a vast potential to grow out of the current crisis. In contrary Europe, where one continues against the arrow of time to pursue 'good old times' amongst the 'good old boys'. Clinging to antiquities, private kingdoms and illusions:
http://youtu.be/Ii0Yc6_dwyo

What we should prevent is... war. It brings nothing for nobody. That many things have to change and must change rapidly, is certain and isn't denied. Recently the Spanish socialist party PSOE considered its position in modern Facebook-Twitter-times. The worker from last century no longer is the one from this era. Direct-democracy should be applied to re-establish public interest in politics, is told. It's this party that runs the current austerity measures in Spain and by consequence is bound to loose upcoming November general elections! However, the conservative opposition party PP has never released its plans about how and what after they "win" these elections, or better: when the ignorant public simply wishes the gamble of "a chance", virtually the same way the socialists came to power after the Madrid bombings. There you see the dilemma of these days in Spain and in Europe. Democratic processes malfunction everywhere. The people "in the know" aren't leading/ruling.

A bad, thence very good, example delivered a German program Panorama the other day demonstrating that several politicians who voted for European Security Funding (to rescue the Euro and its zone) not even knew where they were voting (in favor) for...!

It's this bigot incompetence that has to be weeded out first, I believe, before we can expect new perspectives and perhaps down-to-earth solutions for this planet. I keep wondering though if old-fashioned political parties are necessary anymore to achieve just that! What we need is no-nonsense leadership in the first place and no longer a clergy that only 'believes' in their utopias full of Ponzi-pension-schemes, climate-scams, full-employment decoys, social and financial independence for women instead of marrying and other unrealistic nonsense that now has created the mess we are in...

chef

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