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We have entered the era of predatory capitalism. Next will be the ruin

Мы вступили в эпоху грабительского капитализма. Далее будет разруха
Using the machine of the EU for the conquest of the Greek people and the transformation of Greek “left” governments in pawn of German banks, Germany has now discovered that the IMF plans to final dograbili Greece. Rules prohibit the IMF to lend to countries that can’t get it back. On the basis of facts and analysis, the IMF concluded that Greece can not repay the loan. Therefore, the IMF does not want to give money to Greece to pay off the private banks.

IMF States that Greece’s creditors (many of which are not creditors, and just bought Greek debt at a low price, hoping to make a profit) needs to write off part of Greek debt to lower the amount of debt to a level which can handle the Greek economy. Banks don’t want Greece to cope with debt, because they want to take advantage of the weakness of Greece to the looting of its assets and resources, destroying social security, which was created in the XX century. Neoliberalism is going to restore feudalism: a few robber barons and many of the slaves – 1% and 99%.

Germany believes that the IMF should give Greece money to help them, she paid the debts of private German banks. Then you must reimburse the debt to the IMF, forcing Greece to reduce or cancel the pensions of public services and conducting massive layoffs. Since this money is still not enough, we have to introduce additional austerity measures, which consist in the sale of such public assets like water supply services, ports and private Greek Islands – they have already targeted foreign financiers: bankers and their biggest clients.

Until now, the so-called “creditors” only promised some form of debt relief, but nothing is given. Instead, for Greece is preparing a unique socio-national experiment: to force most of the Greek youth to emigrate from the country, replacing them with cheap labor from the Middle East and Africa, which were scattered from Washington’s wars for democracy. In other words, the EU is destroying Greece, which naively believe that entering into him, she will protect its economy. The same thing happens with Portugal, Spain and Italy. Robbery already destroyed Ireland and Latvia (as well as many Latin American countries) and the rapid pace of ruining Ukraine.

Current newspaper headlines announcing the agreement between the IMF and Germany to write off Greek debt to a level that you can pay for is a lie. None of “creditor” did not agree to write off a penny of debt. All that the so-called “creditors” given the IMF is uncertain “statements” write off an indefinite amount of the debt in two years. These headlines – dust veil, covering the IMF was violating its own rules. This veil allows the IMF to declare that the debt forgiveness (in the indefinite future) will allow Greece to repay the debt, so the IMF can give her a new loan to pay debts to private banks.

In other words, the IMF is another lawless Western institution, whose Charter is as meaningless as the Constitution of the United States or the promises of the Washington government. Media stubbornly continue to call the looting of Greece “rescue”. To call robbery “salvation” is the familiar Orwellian language. The brainwashing started even in Greece, where local media and politicians call the looting of the country’s financial imperialism “salvation”.

In all Western countries, various measures (both corporate and governmental) has led to revenue stagnation. With the aim of preserving the profits of mega-banks and global corporations have turned into robbers. Social protection systems and public services (in the US it is even transport police) victims of privatization. And debts, as accurately described by John Perkins in his book Confessions of an economic hit man”, used to loot whole countries. We entered the stage of predatory capitalism. Next will be the ruin.

Source: We Have Entered The Looting Stage Of Capitalism, Paul Craig Roberts, truepublica.org.uk, May 26, 2016.

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