{"id":9928,"date":"2015-07-11T06:50:48","date_gmt":"2015-07-11T11:50:48","guid":{"rendered":"http:\/\/olduvai.ca\/?p=9928"},"modified":"2015-07-11T06:50:48","modified_gmt":"2015-07-11T11:50:48","slug":"the-kicking-of-the-can","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=9928","title":{"rendered":"The Kicking of the Can"},"content":{"rendered":"

The Kicking of the Can<\/a><\/h3>\n

Hello, Mr. Tusk \u2026 New Orders<\/strong><\/p>\n

Yesterday it emerged that the normally hardline European Council president Donald Tusk (the former prime minister of Poland), suddenly felt\u00a0\u201cdebt relief\u201d for Greece was needed<\/a>\u00a0after all. While he is undoubtedly correct, it seems to us that he likely received a stern phone call from Washington.<\/p>\n

\"tuskDonald Tusk, the life-like android currently presiding over the EU council, here photographed in hardline mode<\/p>\n

Photo credit:\u00a0Radek Pietruszka \/\u00a0<\/span>PAP<\/span><\/p>\n

It is also unlikely to be a coincidence that the IMF released its debt sustainability analysis last week, in what appeared to be a case of especially ill-chosen timing, at least from the perspective of the euro-group. Note here that the IMF only wants the EU to provide debt relief to Greece \u2013 the IMF itself intends to get back every cent of its Greek loans.<\/p>\n

Politicians in neo-con infested Washington no doubt don\u2019t want to let slip Greece away into the arms of its Russian Orthodox co-religionists, which would almost certainly happen after a Grexit. Such strategic considerations are certainly exercising the NATO bureaucracy and very likely the EU\u2019s movers and shakers as well. A Grexit would also be a victory of the Marxist wing of Syriza (a Pyrrhic victory though it may be), which would over time throw Greece\u2019s continued NATO membership into doubt.<\/p>\n

According to\u00a0press reports<\/a>\u00a0from this morning:<\/p>\n

 <\/p>\n

\u201cThe White House has been putting its immense diplomatic weight behind a debt restructuring for Greece. Treasury secretary Jack Lew made an intervention earlier this week, and seems cautiously optimistic that Greece\u2019s current proposals should be enough to satisfy creditors, and gain some crucial debt concessions in return.<\/em><\/strong><\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Kicking of the Can Hello, Mr. Tusk \u2026 New Orders Yesterday it emerged that the normally hardline European Council president Donald Tusk (the former prime minister of Poland), suddenly felt\u00a0\u201cdebt relief\u201d for Greece was needed\u00a0after all. While he is undoubtedly correct, it seems to us that he likely received a stern phone call from […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5728,6869,6602,279,3592,1167,2598,418,553,6170,2236,865],"class_list":["post-9928","post","type-post","status-publish","format-standard","hentry","category-economics","tag-acting-man","tag-debt-relief","tag-donald-tusk","tag-eu","tag-european-council","tag-greece","tag-grexit","tag-imf","tag-nato","tag-pater-tenebrarum","tag-syriza","tag-washington"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9928"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9928\/revisions"}],"predecessor-version":[{"id":9929,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9928\/revisions\/9929"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}