Marine Le Pen Calls Greek Austerity Measures ‘Debt Slavery’

And she’s right when she says Greece is enslaved. Proverbs 22:7 will tell you the borrower is slave to the lender. Both sides in this story are corrupt to high heaven as the German-dominated Troika is working to raid the coffers of Greek citizens and make Greece its next vassal state — like it did Cyprus. On the other side, you have Communists in power in Greece who are bent on remaining in power at all costs, even if it means throwing their national sovereignty under the bus or allowing Russia and China to colonize the country in order to bail them out, or both.

What we might be looking at in the near future is a violent overthrow of Greece’s leadership and an installation of a more EU friendly group, because it can’t win either way: Caving into the EU or selling out to the Soviet-Sino axis. The Greek people will not stand for either, and either way, they lose. The loans are also mathematically impossible to pay back.

Come June 30th, we’ll find out more.

 

Austerity measures for Greece demanded by international creditors are debt slavery, the leader of France’s right-wing National Front party said on Wednesday.

MOSCOW (Sputnik) — Athens is currently attempting to unlock financial aid from its primary international creditors to avoid a default on its multibillion-dollar debt. Its current bailout program expires on June 30. Continue reading

IMF Warns No Leeway on Payment as Merkel Urges Greece to Bow

International Monetary Fund chief Christine Lagarde said Greece won’t be given a grace period if it fails to make a payment at the end of the month as Chancellor Angela Merkel said there’s still time to reach a deal on aid.

Lagarde, whose policies were labeled “criminal” last week by Prime Minister Alexis Tsipras, said that Greece will immediately be considered in default unless it pays about about 1.5 billion euros ($1.7 billion) due to the fund on June 30.

“It will be in default — it will be in arrears vis-a-vis the IMF, yes, on July 1,” Lagarde said at a press conference in Luxembourg where euro-area finance minister meet on Thursday to discuss the deadlock over Greece. “I hope it’s not the case, I really do.” Continue reading