The Ball Is In Angela Merkel’s Court

Angela_Merkel_(2008)

Well, it appears, as I have speculated before, that Alexis Tsipras has sold out the anti austerity referendum voters by voting for enacting the exact same ideas for his proposal that his creditors wanted anyway. An assassination is in the wings, but that is not the most pressing thing to consider at this time. There is a need to suggest that a deal with Greek’s creditors has no chance of flying in the German Bundestag when it comes up for a moral support vote later in the day. There is opposition for it and angst amongst German citizens is strong, from those who have their livelihoods on the line to those who are solidarity with the greek workers who are feeling isolation and betrayal from their leaders. That alone may knock this Grexit strategy down the pipeline and push for the EU to back down in their attempts to extend another three years of an illusory economic recovery in Greece. It is an option that will send the entire region into an inevitable demise. The Germans may make the elite wish they hadn’t shown them the door when the had the chance to do so earlier on in this process. If a Grexit is in the cards (and it likely still is), then it will happen as a result of Angela Merkel’s might. This is a make or break moment for German solidarity with the EU. The anti-austerity movement may makes it moves more apparent in the heart of the German capital of Berlin. With the unlikeliest of allies at their side, the German people in favor of receiving justice for us all may have their moment in shining out the darkness with the light. 😉

21 thoughts on “The Ball Is In Angela Merkel’s Court

  1. Well this is D Day my friend, and it looks like it will go the way i expected. I really feel for the Greek people now what are they going to do? apart from be chained to the ball and chain?. But what i cannot get my head around is the fact that the people in Greece seem calm about it maybe i am not looking at it correctly, but have they become so used to austerity that it is now become the norm?

    • That would be scary, but again, I still think a Grexit is inevitable. When discussions come up today, the issue of “trust” has already been brought about by Germany’s finance minister Wolfgang Schauble. What that means is more than likely, a vote of no confidence will be had by the Greek parliament and the masses in Greece and that will force Alexis Tsipras to resign when he gets home. This means new elections and it means having to implement so called “reforms” with no one they know and potentially a right winger who is even worse than Tsipras is in terms of being taken by their word. Remember I said Grexit would happen with or without Tsipras? This referendum may mean the end of Tsipras; either through resignation or through assassination. When that happens, a new leader may yet lead the European Union into a state of anarchy and demise. This isn’t over yet. Hang on by the seat of your pants. If the Germans really want a Grexit (as Yanis has said they would) and to continue to flex their authority in the euro zone then, a Euro meeting today will result in the collapse of the talks tomorrow.

  2. The debt deal discussions aren’t done yet and night hasn’t fallen either. These anti austerity protests usually take place at night, but they may be on hold until the end of Sunday. There may also be preparations for a government overthrow if things don’t go as planned. Making little noise now adds to the element of surprise later when the armies show up at the steps of the parliament in Athens. We shall see.

    • They are dragging it out even more and the word on the grape vine in the meeting is the eurogroup want more out of Greece, this is going from bad to worse.

      It is confirmed: Finnish gov’t won’t accept a new bailout package to #Greece. #Eurogroup

      #Greece: Capital controls to remain in place for at least 2 more months, Economy Minister George Stathakis says.

      (Two months!!!! at least is this not going to explode?)

      • That’s what my whole blog post was about. Finland alone can’t stop the deal, but Germany can. It all depends on home pressure for Merkel. If it’s mighty and powerful enough, she’ll balk and back down out of the deal talks. That shuts down the Euro currency and leads to an emergency Grexit that turns permanent. Let’s see how it’s handled in Berlin on Monday. That’s where this deal (or lack thereof) is truly made or broken.

      • Would the greek people not be mad as hell with these capital controls?, to me the concept of the EU unity is broken now this one example Finland,

      • They aren’t assured yet. A grexit may still be a possibility. They also don’t look very happy, as the images of the streets from the Guardian show.

        Oh, and one more thing….

        http://www.haaretz.com/news/world/1.665473

        If the Prime Minister of Serbia’s dance with death today isn’t another warning to Tsipras that his untimely assassination is coming, then I don’t know what is.

      • From what i am seeing now on the updates it looks like a deal looks less likely to be done today as well. This is getting dangerous now as the greece people are starting to suffer, are the EU trying to wade this out to the inevitable?

      • Just got in and looked at latest updates, looks like EU is going to win. It will go to greek parliament tomorrow to vote on implementation of changes then bailout talks can proceed. Sick of this crap, and the greek people are not even shouting aboit it, I have lost all respect for them too.

      • I am kind of amazed at the amount of capitulation the Greek pensioner class is willing to make at their cost of their youth, but the anti austerity mayhem may happen on Monday night after the proposals are to be reformed in the parliament. This is an attempted coup by the Euro creditors, worse than just an attack on democratic rights. How the Greeks don’t see this is beyond the pale of my imagination. However, some of the proposals, like the attack on labor union rights, may sound off the alarm in other neighboring EU countries and they may vote down this proposal when it hits their own shores tomorrow as well. This battle isn’t over yet, but the EU is playing an aggressive game, there’s no doubt about it.

      • Have you read what they are asking of Greece now?, it is insane. They want them to sell assets etc. Also talking about getting EU technocrats into Greece to oversea these reforms ( a coup), This is going into uncharted terrotiy now, maybe this will push the Greek people over the edge. Even the Greek Parliament is in utter shock and saying NO. What are your thoughts, as to me this shows what the Eurozone is really about, and this could take a dangerous turn.

      • It’s even trending worldwide on Twitter right now #Thisisacoup (as I have suggested the 1% may attempt if the Greeks admirably voted Oxi) and #Tsiprasleaveusummit. This is going in only one direction; on the way out. There’s no way he can ram this through the Parliament without a fight. Protests have already begun and the Guardian has warned that a financial collapse and riot will follow if the austerity measures are passed. This is going to end in a Grexit. The question is how painfully and what are the reverberations for the entire continent.

      • Well as I thought no grexit, it is a sad day for greece they have lost the fight, to be honest they put up no fight in the first place. As for the world markets they are on the up, this worldwide crash is not going to happen and may never happen.

      • Like you said in your previous post could we still people leaving greece, because of what has happened?. One thing where are the protesters they have to make a stand

      • There was a sell out by Tsipras for sure. However, this deal has not been approved by the Greek parliament and reports suggest major protests will be happening tonight. If this does not get approved and/or Tsipras is assassinated, the deal is off and war begins. As the Germans said last night, the ball is now back in Greece’s court. Another pathetic game of hot potato indeed.

      • Also notice the protests in the streets as I said would happen. Very tense mood on the ground. Keep in mind that even mainstream media outlets fear a Neo-Nazi Golden Dawn coup if they vote to push this reform deal in. Nazis can easily just Grexit and threaten to declare war on Germany. Eeek, this is not good. The anarchists and marxists better step up their pressure before evil stings from their back.

  3. Hey, they have drag this down for a couple of years just to save their commercial banks. Now all the greek debts/bonds are sustained by taxpayers’ money. In addition, the other countries/credit cards companies already prepared for Grexit. The hotel bill you got in Greece shows the Dracuma conversion already. Greece put of Euro currency, but stay in NATO defense ally is their final solution.

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