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In reply to the discussion: Germans warns Greece: no cuts, no aid [View all]JackRiddler
(24,979 posts)Greece faces years of hardship. The question is whether these will be a few years as a sovereign free people in a hard struggle, or generations as impoverished debt slaves and vassals to an unaccountable, unelected euro bureaucracy that serves no one other than the banksters. Neither Europeans nor Greeks have the right to enslave unborn generations with decades of debt repayments and no alternative path to development. A sovereign nation needs the ability to issue and also to devalue its currency, that is how countries get out of these messes. The interests of Franco-German corporations cannot trump those of the nation's own people. Greece needs to suspend all debt payments, introduce its own sovereign currency with capital controls (as was the case in living memory, back in the 1960s and 1970s), nationalize the key industries starting with banking (not agriculture), and institute a crash jobs program to get people back into the villages and achieve food self-sufficiency. Greece needs to start using the sun for energy. Greece should also agitate along with the rest of the EU periphery for EU reform and an end to the regime of banksterism and austerity. They should leave the euro, not the EU. Greece and the other nations targeted in the EU debt war can become leaders to a different path, real internationalists, not globalists. They can break with neoliberalism. The people need to be ready to organize themselves, as was the case in Argentina for years. There will be upheavals and inflation, and then growth. And if they do this, the next few years will see the biggest tourist influx in history. Nowadays, with Argentina offering growth again, it has also seen the return of foreign investment.