[update] GS English – The Case of Greece
Von webmaster • Aug. 17th, 2016 • Kategorie: InternationalGS English:
The Case of Greece
Five Years of Crisis and Crisis Competition Europe Rescues its Money—The German Leading Power Rescues its Imperialist European Project
Introduction
2010
Remarks on the National Bankruptcy of Greece
- The bankruptcy of Greece is, as far as the country itself is concerned, the price it is paying for joining the European Union, including the Monetary Union, and for meeting the resulting demands on its national economy.
- The bankruptcy of Greece is, in terms of the current reason for it and its imperialistic importance, the first price the eurozone states have to pay the financial sector for the expense of rescuing it, and a first “oath of disclosure” regarding the unresolvable contradiction of the Monetary Union and its money.
- In order to ensure the continued existence and functioning of the euro system, the leading powers of the Union deny with might and main the politico-economic substance of the Greek financial crisis. It is necessary to convince “the markets” that Greece’s bankruptcy is an isolated lapse and can be cleared up by better budget policy. The Greeks are assigned the impossible task of making their state creditworthy again through pauperization.
2015
News from the European Family of Nations Making an Example of Greece
- An EU member state, ruined by the economic crisis and the political dictates for managing it, refuses to submit to Brussels’ and Berlin’s restructuring measures and calls for ‘European solidarity’
- The leading guardians of the euro and its stability teach some lessons about the euro regime’s incompatibility with the claims for sovereignty of those who live on the Community’s money and credit
- The politico-economic substance of the German restructuring dictates: The euro is a successful means of command over global sources of wealth and thus a real weapon in competition with the dollar — or it has failed its purpose!
- Germany fights to assert itself as the political guarantor power for the Community money and the indissoluble unity of the European club of states
2015
The Imperialist Truth About the Greek Crisis and Bailout An Aid Program for Germany’s European Project
- The situation Germany has created: A recovery plan anticipating its own failure — why is there such a thing?
- The Schäuble case: Germany’s fight for the politico-economic principles of a successful world currency
- The Merkel case: The struggle for a supranationally integrated Europe under German leadership
http://www.gegenstandpunkt.com/english/greek-case/greek-case-toc.html
Update:
Europe’s Crisis 2014
[Translated from Gegenstandpunkt: Politische Vierteljahreszeitschrift 4-14, Gegenstandpunkt Verlag, Munich]
I. Europe is destroying its credit by rescuing it
- What the European Central Bank (ECB) prescribes for the crisis: Inflation to counter deflation — growth brought about by more and more excess credit-money
- The precarious strength of the euro
- “Growth through debt” versus “black zero”: The crisis competition of the euro partners
II. Europe is destroying its Union by completing it
- Undermining the EU partners’ European reason of state
- Upswing for Europe’s opposition: An orgy of nationalism, with a few variations
- The EU’s new perspective: The “Franco-German axis” is superseded by a struggle for and against Germany’s hegemony
http://gegenstandpunkt.com/english/greek-case/Europe-crisis-2014.html
http://gegenstandpunkt.com/english/greek-case/greek-case-toc.html
cf:
Europas Krise 20.14
http://gegenstandpunkt.com/gs/2014/4/gs20144047h1.html
China’s progress on the path to financial power and world power
[Abridged, revised, and translated from Gegenstandpunkt: Politische Vierteljahreszeitschrift 4-15, Gegenstandpunkt Verlag, Munich]
In the spring of last year, the professional observers of world affairs reported bad news from the Far East: “China’s new development bank divides the West” (Die Zeit, Hamburg, March 17, 2015); “US isolates itself: China stirs up the world order” (Die Presse, Vienna, March 30, 2015); “The latest in de-dollarization: US forfeits credit” (telebörse.de, March 25, 2015); “The past month will be remembered as that moment when the United States lost its role as guarantor of the global economic system” (Die Zeit, April 15, 2015). The dollar’s dominance at an end, American power losing its allure as guarantor for the global economy, the unity of the West destroyed by China — all because of the founding of a bank. How come?
“A New Silk Road”
The internationalization of the renminbi
Imperialist competition
http://www.gegenstandpunkt.com/english/china-world-money-power.html
cf:
Zwei Seidenstraßen – eine Asiatische Entwicklungsbank (AIIB) – Inselstreit und Aufrüstung Chinas Fortschritte auf dem Weg zur Geldmacht und Weltmacht
http://www.gegenstandpunkt.com/gs/2015/4/inhalt20154.html
Improving the world with Facebook: Zuckerberg makes his contribution
[Translated from Gegenstandpunkt: Politische Vierteljahreszeitschrift 1-16, Gegenstandpunkt Verlag, Munich]
http://www.gegenstandpunkt.com/english/Zuckerberg.html
cf: