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Peter Koenig – Greece – Convenient Victim or Complacent Masochist? The Devastating Social Impacts of IMF-ECB-EC “Economic Medicine

Summary:
Peter Koenig is a good guy.  Organised crime and gangsters are running the show, but maybe, just as in all the best films we have ever seen, good will finally overwhelm evil and set the world free from this tyranny. KV Although, here it must be added, according to international law, most of Greece’s debt was imposed by the troika under illegal circumstances. It’s also called “odious debt”, the description of which reads “In international law, odious debt, also known as illegitimate debt, is a legal doctrine that holds that the national debt incurred by a regime for purposes that do not serve the best interest of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state.” This

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Peter Koenig is a good guy.  Organised crime and gangsters are running the show, but maybe, just as in all the best films we have ever seen, good will finally overwhelm evil and set the world free from this tyranny. KV

Although, here it must be added, according to international law, most of Greece’s debt was imposed by the troika under illegal circumstances. It’s also called “odious debt”, the description of which reads “In international law, odious debt, also known as illegitimate debt, is a legal doctrine that holds that the national debt incurred by a regime for purposes that do not serve the best interest of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state.” This doctrine is complemented by a similar one inscribed in the charter of the IMF that says that the IMF shall not make any loans to a country in distress, that will unlikely be able to reimbursed the debt and pay the debt service.
So, why repeat it here, in yet another article? – Because it must be said again and again, and repeated ever so often, until the Greek governing body listens. Greece could stop this bloodletting and misery for the majority of her people almost instantly – by quitting the euro, and by quitting the European Union. She would not be left alone. Acts of Solidarity would come from Asia, Latin America and even Africa. Such offers were already made in 2014 and 2015. But they were not heeded, since the Greek elite wants to part of the EU elite, rubbing elbows, being part of this nefarious club. Many pictures, too many, have been circulating of Mr. Tsipras and his buddies laughing and cajoling with the Lagarde’s and the Junker’s of this world.
Greece could have exited the EU and Eurozone from day one – with the first rescue package in 2010. But she didn’t, for whatever reason. Maybe personal threats to the Tsipras family and Government and / or the “left-wing” Syriza party? – We don’t know, but all is possible in a western civilization where opponents of the Master hegemon in Washington and his dark handlers, are simply assassinated. John Perkins, explains clearly how this works in his bestseller “Confessions of an Economic Hitman”.


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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