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Mario
Draghi activated the threat of the ECB after the Greek government
showed its determination against the supposed leaked demands of
Berlin through Reuters.
(http://failedevolution.blogspot.gr/2015/02/breaking-greek-gov-says-german.html)
After the Germans tested the determination of the Greek government
and realized that the Greeks are not joking, they sent the message to
Draghi to activate banksters' trap called European Central Bank.
From
ZH:
“ECB’s
Governing Council lifts current waiver of minimum credit rating
requirements for marketable instruments issued or guaranteed by the
Hellenic Republic.”
“Suspension
is in line with existing Eurosystem rules, since it is currently not
possible to assume a successful conclusion of the programme review.”
“The
Governing Council of the European Central Bank (ECB) today decided to
lift the waiver affecting marketable debt instruments issued or fully
guaranteed by the Hellenic Republic. The waiver allowed these
instruments to be used in Eurosystem monetary policy operations
despite the fact that they did not fulfil minimum credit rating
requirements. The Governing Council decision is based on the fact
that it is currently not possible to assume a successful conclusion
of the programme review and is in line with existing Eurosystem
rules.”
“This
decision does not bear consequences for the counterparty status of
Greek financial institutions in monetary policy operations. Liquidity
needs of Eurosystem counterparties, for counterparties that do not
have sufficient alternative collateral, can be satisfied by the
relevant national central bank, by means of emergency liquidity
assistance (ELA) within the existing Eurosystem rules.”
The
dirty role of the ECB has been accurately predicted already since
2012, through the unlimited purchase of government bonds in eurozone:
“...
the ECB becomes a corresponding Fed in the European area, 'serving'
the problematic economies that are excluded from the bond markets,
through the print of new money. Therefore, the problematic economies
will be loaded with more and more debt which the ECB, i.e. the
largest private European banks will hold. Someone could argue that is
not something new, since nations were facing huge debts in previous
years, because they were indebted to banks through the excessive
borrowing from the markets. But in this case, there is an important
difference that makes things much worse: it is the cruel conditions
imposed by the ECB to states that need to buy money. States that are
excluded from markets, are now trapped within the neoliberal economic
empire of the eurozone and will be forced to follow new austerity
measures every time they need ECB to buy their bonds.”
(http://failedevolution.blogspot.gr/2012/09/lea-jacta-est-by-emperor-draghi.html)
In
case that Greece will choose to continue the resistance, it is quite
possible that the ECB mafia will cut funding of the Greek banks
through the ELA mechanism so that to close all the doors of funding.
This will produce further panic to the Greek banks' depositors,
therefore, actually an artificial bank run.
The
Greek government should activate immediately the last defence line,
which is a plan for a smooth, as much as possible, exit from the
euro, and return to national currency.
(http://failedevolution.blogspot.gr/2015/02/three-key-moves-new-greek-government.html)
The
"battle of Greece" currently stands at a crucial point. In
case that Greece surrender to the banksters eventually, the others
will follow. The new feudalism will be a fact: “We will start
with Italy and Spain. We will order rating agencies to attack,
exclude them from markets and throw them to the ECB trap. They will
be forced to take similar measures, as Greece did, in order to
receive liquidity. Then, we will attack France and Germany.”
(http://failedevolution.blogspot.gr/2013/12/an-imaginary-dialogue-between-bosses.html)
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