On the Eve of Greek Debt Default
Equal Time Radio, WDEV,
Burlington, VT (June 29, 2015, 32 min 44 sec)
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Jack Rasmus is interviewed by WDEV host, Traven Leyshon, on the state of negotiations between the Troika of Euro bureaucrats and Greek government at the 11th hour before the official Greek default on payments to the IMF due June 30. Jack discusses the class character of the current negotiations, where the Troika wants pension cuts and sales tax hikes, and has offered a ‘take it or leave’ final best offcer. Greece’s decision to put that offer to a vote of the people of Greece means no more offers until the vote is done. Troika reps think the vote will be for their last offer, and are launching a Euro media blitz aimed at Greek voters to confuse the issue as leaving Europe, not rejecting their concessions-laden proposal. Jack explains how the real plan of the Troika hardliners has always been to force an economic and then a political crisis in Greece to get rid of the moderate left Syriza party government and then negotiate debt continuation with a more compliant group of politicians, as the Troika has since 2010.