Want to know what’s wrong in Greece that isn’t the same as everywhere else that international bankers have laid siege? Lignite for one, look it up. They have plenty of it and it’s free for government use and the IMF, ECB and the World Bank want it put off limits. But we have another story to tell and it simply can’t wait, it’s the Chinese again with their incessant deal-making, frantically offloading unwanted US treasuries. The latest partnerships have not put off Troika demands for immediate Greek selloffs.
STI Greece correspondent Ray Gamotopoulos has lately contributed some ideas to restore sanity to the Greek economy beginning with the immediate arrest of socialist kingpin Papandreou and the heads of the ‘five families‘ of centrally planned failure politics. He suggests that sanctioned treason underlying every deal they’ve made through Goldman Sachs led them squarely into the arms of the barely awakened giant that is China. He also recommends we read Gavin Menzies’ books 1421 and 1434 to get the full picture of what oriental ambition can accomplish, unchecked.
Greece and China’s marriage of convenience is more than just a power play to station sentries next to the world’s richest trade routes. Access to the heart of Euroland has been snatched by Beijing from right under the noses of the Fed and the ECB, or so they would have us believe. Pressure is building up in the Chinese camp, with over a trillion dud dollars to dump where they won’t make the wrong type of splash.