Dr Paul Craig Roberts: GREXIT CAN PREVENT WW3
Roberts is a former assistant secretary of the US Treasury is also former associate editor and columnist with the Wall Street Journal doctor roberts is you know this Greek drama has been going on for so long now it’s really become a bit fatiguing for some other people on the sidelines watching this the question the others why has this taken so long why is the can that get there Julie kicked down the
road NY is the stronger taken so long to get to its conclusion that’s a perfect question let me answer it subsequent to making this statement that degree people and the Greek government have before them the unique opportunity to prevent World War 3 all the Greek government needs to do and Greek people will get behind the government is to default on the loans, resign from the EU and from nato and accept
the deal that the Russians offered them this would begin the unraveling of NATO very quickly Italy and Spain would follow so southern Europe.
Would desert NATO and so would Austria, Hungary and the Czech Republic and NATO of course is the mechanism that Washington uses to cause conflict with Russia so as the EU and NATO unravel ability of Washington to produce this conflict disappears now the reason that the situation is not been resolved for example that start first with what has been resolved in the way I suggest should be that I just said and that’s because the the Greek people lacked the judgment to give the current government enough electoral support that it would be taken seriously by the Germans the EU commissioner, European Central bank and the IMF this government was put in power by merely 36 or 37 percent of the vote and so when the Germans look at theirs and the EU look at theirs I am able to persist so this is not strong government and so we can blossom its we can wait now to stare them down they’ll have to give in and this a penny above par was called the port couple but as the people negotiating against Greece is supported by the constant reports that the Greek people in general majority want to stay in the EU so when the Greek people say we want to stay in the EU they destroyed negotiating power other government so the government’s week on both fronts.
The Greeks didn’t give it enough of the vote that has enough credibility to deal with powerful enemies of Greece and they tell everybody the Greek people want to stay in the EU so EU knows they have a weak government they can’t do anything and that’s why this continues because the Greek government understands that what is being imposed on Greece is not workable you simply cannot pay debts when austerity is driving down the economy.(source)
My talk with Dr Paul Craig Roberts about the financial situation controlling Greece, and the consequences of the Greeks staying in the Euro or leaving it. Paul explains what, who, has, is, and will be, influencing the situation, and what outcomes we might expect, and how Washington will no doubt be doing all they can to manipulate that outcome at any cost.
Paul Craig Roberts-Inflationary Depression Coming
What can the Fed do now that the economy is turning down again? Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “There’s not much they can do except print more money. That will eventually get into the economy and drive up prices. So, you are going to have no ability to buy anything because of rising prices—hyperinflation. They have created a perfect storm. There is really no way out for the Fed. They focused the economic policy since 2008 on saving four or five big banks. That’s all they have done. . . . They have used up everything to save four or five big banks. . . . So, we are going to go into a recession. How do you get out of it? I can’t see any way for them to get out of it, so, it will worsen. I think it will head into a depression. . . . I think we are going to have an inflationary depression.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Dr. Paul Craig Roberts of PaulCraigRoberts.org.
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