Reauters reports this morning that a stern ultimatum has been given to Greece. You only have three days to get your act together. And do everything you agreed to (quite regardless that it was under duress and will only lead to the complete collapse of what is left of the economy), or else! No more money! That Mantra again. Okay.
But then the Commission jumps to the clicking of the Mistress’s fingers, or jackboots, or both. No! Goodness no! We deny the Reuteurs report! We have given no such deadline. We’re working together, sort of hinted that things will work out. Not to worry about Greece. Probably we’ll slice up this 8 billion or so tranche into several smaller slices and throw them at Greece, like you do at a dog, every time he gets the trick right.
So everything will be kept nice and quiet and out of the headlines till The Frau gets her elections safely behind her. Of course there is the IMF to think about. If everything is not ship shape by the end of July then it will pull out of the Greek programme. But if it does, this will make life extremely difficult for the northern states who will either be required to foot the bill themselves or pull out as well. And statements have already been made that they intend to do the latter.
Still, with Christine Lagarde, aka Marie Antoinette (also of Bernard Tapi fame) at the helm, she will no doubt manage to engineer her own fudge too and help out with The Frau’s ambitions. The way she did last time, plunging Greece into prolonged pain and misery.
Does any of this make any sense at all? Is any of it really worth it? For whom?
German Europe has turned into a looney bin where everyone is constrained in a tight strait jacket, pulled tighter every time the patient can’t jump through the hoop as The Frau desires. So either we break out of the straitjacket or we die a slow lingering death by suffocation.