Wikileaks Reveals IMF Plan To "Cause A Credit Event In Greece And Destabilize Europe"
By Tyler Durden
One of the recurring concerns involving Europe’s seemingly perpetual economic, financial and social crises, is that these have been largely predetermined, “scripted” and deliberate acts.
This is something the former head of the Bank of England admitted one month ago when Mervyn King said that Europe’s economic depression “is the result of “deliberate” policy choices made by EU elites. It is also what AIG Banque strategist Bernard Connolly said back in 2008 when laying out “What Europe Wants”
To use global issues as excuses to extend its power:
- environmental issues: increase control over member countries; advance idea of global governance
- terrorism: use excuse for greater control over police and judicial issues; increase extent of surveillance
- global financial crisis: kill two birds (free market; Anglo-Saxon economies) with one stone (Europe-wide regulator; attempts at global financial governance)
- EMU: create a crisis to force introduction of “European economic government”
This morning we got another confirmation of just how supernational organizations “plan” European crises in advance to further their goals, when Wikileaks published the transcript of teleconference that took place on March 19, 2016 between the top two IMF officials in charge of managing the Greek debt crisis – Poul Thomsen, the head of the IMF’s European Department, and Delia Velkouleskou, the IMF Mission Chief for Greece.
In the transcript, the IMF staffers are planning to tell Germany it will abandon the troika if the IMF and the commission fail to reach an agreement on Greek debt relief. More to the point, the IMF officials say that a threat of an imminent financial catastrophe was needed to force other players into accepting its measures such as cutting Greek pensions and working conditions, or as Bloomberg puts it, “considering a plan to cause a credit event in Greece and destabilize Europe.”
According to the leaked conversation, the IMF – which has been pushing for a debt haircut for Greece ever since last August’s 3rd bailout – believes a credit event as only thing that could trigger a Greek deal; the “event” is expected to take place some time around the June 23 Brexit referendum.
As summarized by Bloomberg, the leak shows officials linking Greek issue with U.K. referendum risking general political destabilization in Europe.
The leaked transcript reveals how the IMF plans to use Greece as a pawn in its ongoing feud with Germany’s chancelleor in order to achieve the desired Greek debt reduction which Germany has been decidedly against: in the leak we learn about the intention of IMF to threaten German Chancellor Angela Merkel to force her to accept the IMF’s demands at a critical point.
From the Transcript:
THOMSEN: Well, I don’t know. But this is… I think about it differently. What is going to bring it all to a decision point? In the past there has been only one time when …read more
Source: Wikileaks Reveals IMF Plan To "Cause A Credit Event In Greece And Destabilize Europe"
100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps
Looking for something special ? Find The Lowest Price HERE Posted April 2nd, 2016 in Uncategorized.
