{"id":182701,"date":"2015-06-27T18:36:00","date_gmt":"2015-06-27T23:36:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2015\/06\/27\/and-so-the-dissolution-of-the-eu-begins\/"},"modified":"2015-06-27T18:36:00","modified_gmt":"2015-06-27T23:36:00","slug":"and-so-the-dissolution-of-the-eu-begins","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2015\/06\/27\/and-so-the-dissolution-of-the-eu-begins\/","title":{"rendered":"And So the Dissolution of the EU Begins"},"content":{"rendered":"
Greek Prime Minister Alexis Tsipras will be calling for a referendum on the Troika’s proposal<\/a>:<\/div>\n

In a dramatic move that will put Europe on tenterhooks, the Greek prime minister Alexis Tsipras told his fellow citizens last night he would call a referendum on the bailout accord that international creditors have proposed to keep the debt-stricken country afloat.<\/span>

<\/span>Following an emergency meeting of his cabinet, Tsipras said his leftist-led government had decided a package of austerity measures proposed by the country\u2019s creditors \u2013 made in a last-ditch effort to avert default \u2013 would be put to popular vote. The referendum will take place on Sunday 5 July.<\/span>

<\/span>\u201cAfter five months of hard negotiations our partners, unfortunately, ended up making a proposal that was an ultimatum towards Greek democracy and the Greek people,\u201d he said in a national address, \u201can ultimatum at odds with the founding principles and values of Europe, the values of our common European construction.\u201d<\/span>

<\/span>The leader, who only hours earlier had rejected the proposed reforms after several days of high-stakes talks in Brussels, said Greeks now faced a \u201chistoric responsibility\u201d to respond to the ultimatum.<\/span>

<\/span>He said the reforms were \u201cblackmail for the acceptance on our part of severe and humiliating austerity without end and without the prospect of ever prospering socially and economically\u201d.<\/span><\/p><\/blockquote>\n

This is actually the intention.<\/p>\n

This is politically motivated sadism.<\/p>\n

The Germans want it because the want to demonstrate their power and virtue, and because of memories of  a period of hyperinflation that was caused by the triumphalism of the victors in the First World War.<\/p>\n

The French want to be sure that they are not on the losing side of this alone.<\/p>\n

The other northern tier EU countries have been relegated to spectator status.<\/p>\n

What would seem to be Greece’s natural allies, Ireland, Spain, Portugal, and Italy, are desperate for Greece to fail, because if Syriza succeeds, it bolsters the anti-austerity parties in their countries, which threatens their political elites’ hold on power.<\/p>\n

So I expect that Greece will be crushed under what is largely a German boot, and that various neo-facist parties, particularly New Dawn in Greece, will gain power as the center delivers misery, and the left is systematically excluded from meaningful governance.<\/p>\n

Tell me that this does not look like 1932.<\/p>\n

(on edit<\/i>)<\/p>\n

I read something similar to this, but had neglected to bookmark it.<\/p>\n

I have now found who it was who explained the politics of this, it was Paul Krugman<\/a>: <\/p>\n

As a political matter, the big losers from this process have been the parties of the center-left, whose acquiescence in harsh austerity \u2014 and hence abandonment of whatever they supposedly stood for \u2014 does them far more damage than similar policies do to the center-right.As a political matter, the big losers from this process have been the parties of the center-left, whose acquiescence in harsh austerity \u2014 and hence abandonment of whatever they supposedly stood for \u2014 does them far more damage than similar policies do to the center-right.<\/span><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Greek Prime Minister Alexis Tsipras will be calling for a referendum on the Troika’s proposal: In a dramatic move that will put Europe on tenterhooks, the Greek prime minister Alexis Tsipras told his fellow citizens last night he would call a referendum on the bailout accord that international creditors have proposed to keep the debt-stricken …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,1110,969,964,1017],"tags":[],"class_list":["post-182701","post","type-post","status-publish","format-standard","hentry","category-economy","category-european-union","category-evil","category-foreign-relations","category-international-finance"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/182701"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=182701"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/182701\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=182701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=182701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=182701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}