Angela Merkel, we are being told from all quarters, has had a change of heart over Greece and will not kick her out of the Euro. No! She will do everything she can to keep Greece within the Eurozone. Even little Wolfie has started saying so!
Now why does that terrify me? Because it is not good news. The Frau has changed her mind, to the extent that she has, not because she has had a change of heart, despite all her pity of the poor Greeks she is punishing with relish, but because it suits her. And what suits her cannot suit Greece.
Now, if Greece had relatively competent politicians, this would be great news because it would mean they now have a stronger bargaining chip. However this is not the case. Not only will they not use this change in The Frau to benefit Greece in any way, they will take it to mean that she thinks they are good little boys and will go about ruining the Greek economy with a vengeance just to please her. And hang Greece and the Greeks.
But why has The Frau had this change of mind? Because it suits her. Why? For many reasons. But first let me say that she has only voiced this change of heart because she KNOWS our politicians are disgracefully inept and will not use the information to their advantage, but to her advantage.
How so? Well it does appear that the main object of the exercise is to strip Greece (and the other countries) of their assets. And the only way to do this is to keep Greece in the Euro, make sure everyone believes it, carry on devaluing all things Greek within the Euro through this wretched inhuman policy which Samaras has vowed personally to see through to the end (the end of Greece that is).
Furthermore, at this point it would not be expedient to kick Greece out because of the fear of a domino effect. So once Greece has been stripped of her assets and the Spanish and Italian spreads have been tamed, then either just before her elections, or just after, she will have another change of heart.
Easy to justify. Samaras has not lived up to his promises, the debt has ballooned (as surely it will if Greece continues down this path Samaras has pledged himself to), the deficit reduction has not met its target and so on and so forth. It has all been written into the script already.
But there may just be one flaw in The Frau’s carefully thought out plan. She is counting on the utter ineptitude of the so called Greek government, in that she knows they will not use anything to their advantage but instead keep on trying to be the good boy in the class to the detriment of the Greek economy which will be ripe for the picking.
But this very ineptitude she is counting on may be just what throws the spanner in her works and scuppers the asset striping project.
What a thing to be counting on!