On a baking hot day in July 2015 Greece’s radical-Left Syriza government won a spectacular mandate to defy the austerity regime of the EU-IMF Troika.
Against all expectations, 61pc of the Greek people voted in a referendum to reject the Carthaginian terms of their latest bail-out deal, a scorched-earth ‘Memorandum’ described by a young French economy minister named Emmanuel Macron as a “modern day version of the Versailles Treaty”.
It seemed as if the long-running showdown between Athens and the EU authorities had reached an explosive juncture. Markets were braced for the ejection of Greece from the euro in short order. Monetary union was on the verge of break-up.
H/t reader sqoudgy:
“Yes, Greece was definitely raped by the Deep State banksters and global corporatists mainly based in EU.
But what does that mean for Italy, Spain, Portugal, Ireland and UK, all bankrupt and rapidly approaching Stage 1 that Greece reached 5 years ago?”
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