Having failed miserably as a “technocrat economist” so beloved of the Brussels/Berlin axis, Mr Yannis Stournaras has decided to add insult to injury and to turn into an equally bad politician. To this end he has taken to spouting nonsense declarations like: if we left the Eurozone we would turn into Syria!
Last night he had another shot at it. At about two o’clock in the morning after marathon… talks is it? Cringing is it? Fudge is it? Or just plain deceitful play acting over haggling with the troika representatives, Mr Stournaras struck again.
The events in Egypt, he said show what Greece would have been reduced to if she left the Eurozone as some have proposed (the ‘some’ sneered at pejoratively). This prompted various news commentators to say, it’s about time he started thinking before he spoke, other kinder ones to say things like, well he was tired, he was trying to steer the subject away from the godawful mess he has mad of the Greek economy.
One conclusion was that he rather likes being the big man in the government (which only goes to show how little they all are) and to turn himself into a politician now. Perhaps disingenuously thinking that he will actually gain votes from all those he has ruined. Who knows? Hardly the mark of a politician of any kind.
However, the punch line is, that things have calmed down in Egypt, her borrowing costs have gone down while Greece has yet again failed at carrying out any of the things these people agreed she would, is going straight down the tubes and the only reason German politicians are mouthing support and platitudes about a glimmer of hope in Greece and other such deceits, is because the only thing they are worried about is their own reelection.
I dare say after the German elections are over and the truth comes out, as it will, Mr Stournaras may well start hoping desperately that things do turn out as in Egypt where Morsi was placed under arrest in the Ministry of Defence, rather than, say, thrown to the maddened crowd or something.
Just a thought the arrogant, overbearing, conceited, totally failed Minister of Finances might like to bear in mind.