NP - Holy austerity, Batman, Greece will be fleeced!

[David Morris]

The Troika was never really concerned about any adverse economic
consequences for the Euro should a debt relief deal for Greece be granted.
The state of the Euro was clearly not the issue when Greece was almost
being pushed out the door with these newer, meaner debt conditions.
Punishment was the issue.

David Morris

On Mon, Jul 13, 2015 at 3:43 PM, David Morris <fqmorris at gmail.com> wrote:

>
> http://firedoglake.com/2015/07/13/holy-austerity-batman-greece-will-be-fleeced/
>
>
> "Sequestering €50 billion of assets, nominally supervised by Greece but
> under strict oversight of the creditors. Half will go to recapitalizing the
> banking system."
>
> This is not a deal. It’s a public flogging.
>
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