17 Jun 2012

E.U. Crisis, Greek Elections: It's Not About the Money Honey, We Don't Need your Money, Money.

To day Greeks have the stage all to themselves. Tomorrow the audience will either applaud or walk out of the theatre. Either way the show is over.

Press eyes focus on whether outside forces can shape the outcome of the Greek election through direct threats or scare tactics. A now familiar strategy affecting the democratic process across Europe.

Least we forget, and we should never desert our history, 80yrs ago during the last great financial débâcle, democracy in Europe was reduced from 24 countries in 1920 to 11 by 1939.

Political and fiscal union crudely peddled from Brussels, and to some extent Berlin, is perceived in a cohering manner. This will not work just as totalitarianism didn't succeed in 1939.

The world today Sunday 17th June 2012 is in a state of chassis (Juno and the paycock; Sean O' Casey) over predicting the situation and outcomes in Greece.

Greece is on a collision course with foreign lenders...... Chaos erupts..... Greece is forced to declare bankruptcy...... If Greece leaves the Euro, a disorderly default is likely as creditors lose patience. …. If the Germans don't act.... it could lead to an economic Armageddon....collapse in confidence across Europe threatens …. global crisis that will have dire consequences.......
It's not about the money.  Greece and Germany are no longer lovers in the Euro family. How
they divorce is how the Euro will reshape the European Project. Picture Frankfurt 2012

In the end it is not about the money, money. We don't need your money money....In the end it is about dignity, independence and a sense of well being. Greece's impassioned and tempestuous affair with the Euro is over. Whatever way one sees the outcome of the election, Greece and Germany have fallen out and recriminations are bitter.

As one Greek living in Germany put it "It was absolutely wrong for Greece to enter the euro. It's only a small country of 10 million people; it can't possibly destabilise the EU' – but they were mistaken.”

"I am flying back to Thessaloniki on Sunday morning just to vote," he said proudly. "We live in a world where democracy has been taken away from us. My vote is the only thing left for me and I must do it for my country." (source: Daily Telegraph, Guardian, Der Spiegel)

Seems like everybody's got a price,
I wonder how they sleep at night.
It's not about the money, money, money
We don't need your money, money, money.