Article by P. Mason: The IMF was caught red-handed
Article by P. Mason: The IMF was caught red-handed
In his article, entitled: "The IMF is conspiring for a new credit event in Greece. Neoliberalism does not give a damn, Part II ", on the occasion of revealing leaks of Wikileaks on the intentions of the IMF, the journalist Paul Mason blames the Fund that conspires to hit with the doctrine of shock not only to Greece but throughout Europe.
He talks about "neoliberal fantasies" of the Fund and stresses that "the IMF was caught in the act of conspiring to orchestrate a credit event which brings Greece to the brink of bankruptcy, using as a pretext the British referendum on EU exit '.
Analytical entire article II. Mason hosted medium.com:
The IMF conspiring new credit event in Greece
Neoliberalism does not give a damn, Part II, Paul Mason
The IMF was caught in the act of conspiring to orchestrate a credit event which brings Greece to the brink of bankruptcy, using as a pretext the British referendum on leaving the EU.
No, this is not the plot of the next film James Bond. It is the text transcript of a conference call between the IMF chief negotiator, Paul Thomsen, and Delia Velkouleskou, head of the IMF mission in Athens.
It was published by WikiLeaks, the dialogue was held in Athens shortly before the departure of the IMF talks aim to give the green light for the first evaluation.
The situation is as follows: the IMF does not believe the items using Greece and Europeans in order to proceed to the completion of the first evaluation and continuity of the program. In parallel, the EU can not proceed to the program without the IMF because the German parliament will not allow it.
As we argue about the numbers, Thomsen and Velkouleskou heard examine whether to "drown" the upcoming IMF report on the sustainability of Greek debt. This is crucial because the IMF will only sign an agreement that includes debt impairment while the Germans not.
Then Thomsen throws a bomb:
Thomsen: What will bring us to the decision point? In the past there was only once that decision was taken and it was when [the Greeks] seriously threatened to run short of money and go bankrupt. Correctly;
Velkouleskou: Right!
Thomsen: And probably that is what will happen again. In this case, it will pull to July and certainly Europeans are not going to take any decision one month before the British referendum on the Brexit, so at some point you want to take a break and start again after the [British ] referendum on Europe.
The Velkouleskou proposed to try to do something in April. The Thomsen replied:
Thomsen: But this is not a fact. This will not cause it to; This discussion can last for a long time. And help them in this. Why help? Why is not close to any event, whatever it be.
Velkouleskou: I agree that we need a fact, but I do not know what can be.
Here let me decode. An "event" is a financial crisis that will bring Greece close to bankruptcy. Just like last year, when the banks were closed, millions of people have experienced economic and psychological destruction.
Only this time the IMF wants to impose the destruction of a country that hosts tens of thousands of refugees and has taken one of the most complicated and legally dubious border guard missions in modern history.
The Greek government is outraged: "We will not allow the IMF to play with fire," she said a source.
But the issue is beyond the Greek hands. At the end of the Thomsen suggests the conversation that only the European Commission and ultimately the German government may decide to honor the terms of the agreement made to financially support Greece in July.
The conversation, although it was received with anger and skepticism in Greece will fall like a bomb on the Commission and the ECB. Because they are holding over 300 billion. Greek debt.
It is, in other words, for the whole of Europe, which the IMF conspiring to hit with the doctrine of shock.
It is clear from the conversation that the IMF has become a playground for neoliberals fanciful.
To fantasize that still brings a time close to bankruptcy a shaky democracy reveals apathy levels for the well being of people and the sovereignty of the States that are incompatible with democratic organization.
It proves once again that the core of the economic doctrine that guides the world elite is the determination not to give a damn about real people but to impose the doctrine even though it cost the collapse of a state.
In his article, entitled: "The IMF is conspiring for a new credit event in Greece. Neoliberalism does not give a damn, Part II ", on the occasion of revealing leaks of Wikileaks on the intentions of the IMF, the journalist Paul Mason blames the Fund that conspires to hit with the doctrine of shock not only to Greece but throughout Europe.
He talks about "neoliberal fantasies" of the Fund and stresses that "the IMF was caught in the act of conspiring to orchestrate a credit event which brings Greece to the brink of bankruptcy, using as a pretext the British referendum on EU exit '.
Analytical entire article II. Mason hosted medium.com:
The IMF conspiring new credit event in Greece
Neoliberalism does not give a damn, Part II, Paul Mason
The IMF was caught in the act of conspiring to orchestrate a credit event which brings Greece to the brink of bankruptcy, using as a pretext the British referendum on leaving the EU.
No, this is not the plot of the next film James Bond. It is the text transcript of a conference call between the IMF chief negotiator, Paul Thomsen, and Delia Velkouleskou, head of the IMF mission in Athens.
It was published by WikiLeaks, the dialogue was held in Athens shortly before the departure of the IMF talks aim to give the green light for the first evaluation.
The situation is as follows: the IMF does not believe the items using Greece and Europeans in order to proceed to the completion of the first evaluation and continuity of the program. In parallel, the EU can not proceed to the program without the IMF because the German parliament will not allow it.
As we argue about the numbers, Thomsen and Velkouleskou heard examine whether to "drown" the upcoming IMF report on the sustainability of Greek debt. This is crucial because the IMF will only sign an agreement that includes debt impairment while the Germans not.
Then Thomsen throws a bomb:
Thomsen: What will bring us to the decision point? In the past there was only once that decision was taken and it was when [the Greeks] seriously threatened to run short of money and go bankrupt. Correctly;
Velkouleskou: Right!
Thomsen: And probably that is what will happen again. In this case, it will pull to July and certainly Europeans are not going to take any decision one month before the British referendum on the Brexit, so at some point you want to take a break and start again after the [British ] referendum on Europe.
The Velkouleskou proposed to try to do something in April. The Thomsen replied:
Thomsen: But this is not a fact. This will not cause it to; This discussion can last for a long time. And help them in this. Why help? Why is not close to any event, whatever it be.
Velkouleskou: I agree that we need a fact, but I do not know what can be.
Here let me decode. An "event" is a financial crisis that will bring Greece close to bankruptcy. Just like last year, when the banks were closed, millions of people have experienced economic and psychological destruction.
Only this time the IMF wants to impose the destruction of a country that hosts tens of thousands of refugees and has taken one of the most complicated and legally dubious border guard missions in modern history.
The Greek government is outraged: "We will not allow the IMF to play with fire," she said a source.
But the issue is beyond the Greek hands. At the end of the Thomsen suggests the conversation that only the European Commission and ultimately the German government may decide to honor the terms of the agreement made to financially support Greece in July.
The conversation, although it was received with anger and skepticism in Greece will fall like a bomb on the Commission and the ECB. Because they are holding over 300 billion. Greek debt.
It is, in other words, for the whole of Europe, which the IMF conspiring to hit with the doctrine of shock.
It is clear from the conversation that the IMF has become a playground for neoliberals fanciful.
To fantasize that still brings a time close to bankruptcy a shaky democracy reveals apathy levels for the well being of people and the sovereignty of the States that are incompatible with democratic organization.
It proves once again that the core of the economic doctrine that guides the world elite is the determination not to give a damn about real people but to impose the doctrine even though it cost the collapse of a state.
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