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Assange, Varoufakis, Brexit

Assange, Varoufakis, Brexit

Max Ernst The Angel of the home or the Triumph of Surrealism 1937

A friend of mine here in Athens, Greece, named Wayne Hall, who’s of Australian descent but moved here at about the time Napoleon headed for St. Petersburg, and works as a translator and language teacher, sent me a mail a few days ago that I thought was interesting.

In particular, Wayne referred to a video I didn’t know existed, of Julian Assange hosting a get-together in the Ecuadorian embassy in London on the night of the Brexit referendum, June 23, 2016, that includes a video (sound) link to Yanis Varoufakis who was in Rome at the time.

Julian was receiving visitors and broadcasting! How times have deteriorated, it’s heart-rendering, and it’s so painfully good to see him here in better days…. That video is below. The sound quality of Varoufakis speaking is really bad, and I don’t have the equipment here to work on that, but Wayne was kind enough to transcribe it. See also below.

What I found especially intriguing is the difference in view between the two: Varoufakis wanted (wants) the UK to stay in the EU, in order to reform it from within. And he thinks (thought) that his cross-European party, DiEM 25, can play a role in that. Even though it has no seats in the EU parliament, not then, and not now.

Assange, on the other hand, was pretty much pro-Brexit. He was quite clear about this (a few hours before the referendum results were in):

[..] if there is a Leave or even if the vote is very close, which it surely is, it is something that calls into question the political legitimacy of the European Union in the way it has been conducted so far. And really it’s quite incredible that it came to this. 

 …click on the above link to read the rest of the article…

Greece May Not Get Bailout, Grexit “The Better Way”, Schaeuble Says

Greece May Not Get Bailout, Grexit “The Better Way”, Schaeuble Says

Last Saturday, the EU finance ministers who gathered in Brussels in a last ditch effort to keep Greece in the eurozone were forced to confront a rather inconvenient truth. A bailout for Athens would likely cost nearly €80 billion, far more than the €53 billion figure mentioned in the draft proposal submitted by Alexis Tsipras two days earlier. The revised figure included a €25 billion provision for the recapitalization of Greece’s ailing banking sector. A day earlier, we warned that the banks would need at least €10 billion and likely more – “don’t tell Merkel”, we warned.

Judging by the date on a document that began to circulate once the finance ministers began to voice their consternation at the larger figure, Germany had already assessed the possibility that the cost of a potential third program for the Greeks was likely to climb prompting the finance ministry to prepare a document outlining two alternative options for Athens. One of these options was a 5-year Greek “time-out” from the eurozone. Initially (and by “initially” we mean for perhaps a few hours after the document was first distributed) the “time-out” idea was written off as simply another manifestation of Wolfgang Schaeuble’s frustration, but by Sunday it was clear that the idea was no laughing matter – indeed, had the bloc’s sleep deprived leaders not inked a ludicrous agreement at 6am in the morning, the “soft” Grexit scenario might already be well underway.

Now that reports from both the IMF and the European Commission on Greece’s debt sustainability are public, the world is well aware that no one, anywhere, truly believes the Greeks will ever be able to return to economic prosperity if they are forced to labor under their current debt load. In short: a “re-profiling” is necessary.

…click on the above link to read the rest of the article…

 

 

 

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