Economic Bondage: The price to pay for failing to resist globalist debt slavery
Paul Joseph Watson
Monday, July 4, 2011
The cost of a decision last week to allow globalist vultures to metaphorically hog-tie Greece while the EU and IMF commences a good old fashioned economic pillaging of her state assets is a total evisceration of the country’s sovereignty, according to Eurogroup chief Jean-Claude Juncker.
“The sovereignty of Greece will be massively limited,” Juncker told Germany’s Focus magazine, adding that “experts” are now descending on the country to oversee a huge fire sale of state assets to private companies, likening the situation to post-collapse East Germany when 14,000 East German firms were sold off between 1990 and 1994.
Under the terms of the EU/IMF bailout, Greece has been forced to set up a privatization agency that will hand over real physical assets in return for little more than fresh air, in the form of a $17.43 billion bailout installment that amounts to nothing other than numbers typed into a computer screen.
As Gerald Celente likes to say, the money Greece will receive from the IMF is not worth the paper it’s not printed on, but the globalist vultures will get their hands on thousands of genuine assets that have real value. Like a heroin junkie, the country will be dependent on continual bailouts simply to keep functioning, and the cycle will just keep on repeating.
Of course, what Greece should have done, were it not for cowardly politicians who have proved adept at selling out their own country, is to give the globalists the middle finger, announce bankruptcy, ditch the Euro and go back to a devalued Drachma. This would have brought the tourists flocking back, saved Greece’s state assets from globalist seizure, avoided crippling interest payments on a debt that could never have been paid off, and provided the nation with a workable opportunity to shake off the shackles of economic bondage.
(ARTICLE CONTINUES BELOW)
- A d v e r t i s e m e n t
But the European Union and the IMF will fight tooth and nail to prevent that from ever taking place because, as top Bilderberger and Harvard professor Kenneth Rogoff made clear in a recent Financial Times piece , the future plan for a globalized currency system is wholly dependent on the survival of the Euro, which would almost certainly be destroyed if the Greeks were to default and ditch the single currency.
“The euro experiment has also brought us to a crossroads in the whole international monetary system,” wrote Rogoff. “Will our grandchildren inherit a world with a huge number of national currencies, or a very small number of multi-country currencies?”
That’s what’s at stake should Greek contagion erupt and infect the likes of Portugal, Italy and Ireland, which is why globalists are so desperate to keep the virus contained – it could kill off the entire European project and the wider move for global government that the Bilderberg Group and other affiliated power elites have worked so hard to craft  for well over half a century.
With state governments already being forced to shut down in the U.S., everything we see unfolding in Greece is merely a portend of what the globalists have in store for America, with the IMF feverishly licking its lips at the prospect of unleashing its brand of financial terrorism as a final act of coup d’état against America.
Paul Joseph Watson is the editor and writer for Prison Planet.com . He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show.