Thread: Again on Greece
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Old May 23 2013, 12:09 PM   #10
stj
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Re: Again on Greece

Greece doesn't control its currency. The only way the KKE could devalue would be to reinstitute the drachma, one of the consequences that the IMF was eager to prevent by targeted relief to the worst afflicted elements. The idea is to split the popular opposition, enabling a government independent of the broader population to survive.

Hitler started WWII, and I don't see how it is possible to neglect that. Being empirical is all well and good, but the data has to be as complete and as objective as possible.

The last twenty five years is not a complete data set, but it is quite enough to raise the most pessimistic questions. Yet, in the social reverses worldwide, there is really not one shred of evidence that love of Stalin has misled the oppressed. It is the reverse.

It is worth emphasizing that the IMF memorandum on Greece expresses the official policy of a key institution in world capitalism. The IMF is not just a branch office of the BRD. The social democratic moderation on the part of the powerful that will save us all just doesn't seem to be there.
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