Jul 09

The Greeks were probably not brilliant in their negotiations but equally most of the rhetoric on their incompetence etc comes from neo Liberals without any meat or facts. The problem is what Greece wants is not on the table – Debt relief. Europe wants more and more extend and pretend and misery in the periphery. The irony being the technocrat [neo Liberal banker pets] Govts of Italy, Spain, Finland and Ireland are concerned their populaces will want some too.

In reality few outside The Troika argue that Greece’s suggestions are anything but sane. Few would argue that an austerity George Osborne trumpets but makes sure he does not deliver (just an excuse to boot the poor IMO) that was imposed on Greece can or will work. Few would argue that taxing Greece’s oligarchs does not make sense – except the very amusing troll @Greek_Analyst. Yet that is the deal imposed if they do not default.

In some ways this illustrates the rhetoric games of neo Liberalism. You impose a choice like the prisoner’s dilemma and regardless of any other choices that could be available you ensure those are the only alternatives they can choose. You then morally browbeat them and blame if they try to break the confines of your sick game and choose the alternative that involves risk.

No winners here but Europe has shown itself as a petty stupid confederacy of dunces.

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