Bankruptcy threatens Greece search for German cash

By KYLE ANDREW BROWN

Athens, March 20 – Now Greece is being straight forward about the final bells tolling on national bankruptcy. Those silly promises by the Greek government of Alexis Tsipras to “reign in spending” are up. So it appears is German Chancellor Angela Merkel’s ability to keep moving the tenth round bell forward three months after each Brussels crisis summit.

Just how the Euro Zone and the bankers have been juggling the flow of money into Greece these the past twenty years isn’t explained. Nevertheless we’re pretty sure the banks – led by the Germans – surely did okay on their balance sheets booking the loans. And of course all those big shot bankers musta got hefty year end bonuses for all the heavy lifting.

The Greek financial community and those on the government payroll they did okay too in the deal doncha think?

It’s everybody else got squeezed. The vendor on the corner. The family with the olive grove. The laborer.

Team Tsipras got elected cause the regular people of Greece said NO to austerity. 

It is Angela Merkel that God bless her who alone has kept for the Greeks their dignity as the crisis careens into the End Game.

So it is exceedingly uncomfortable for all involved to have the Greek prime minister go around reminding everybody that it’s actually Germany owes Greece  a whopping $ 12.8 billion. For loans Greece was extorted to pay the to the Third Reich during the German Occupation.

Listen, it’s not like Greece is going to be kicked out of the European Union. Chill. That’s just the stuff of click bait journalism

Sergey Lavrov. Did he seriously think France was gonna toss the Birthplace of Democracy out of Europe? You’re were bein played, dude.

But those big shot bankers – those guys  want the cash back. The credit rating spooks see lotsa holes in their financials when it comes to all those loans booked to Greece in the 21st century.

Bankers are exceedingly clever at creating money on national balance sheets. 

After that they rely on the IMF and the World Bank to actually write the money off the spreadsheets at some distant time in the future.

Well, that miracle money wand isn’t sprinkling over the Greek Isles this go round.

The big banks want their write offs to protect their balance sheets. What they are doing is leaning on Athens in hopes Angela will rustle up the Deutschmarks from somewheres.

Anywheres. 

And those Greeks say anywheres isn’t gonna be the street vendor on the Athens street corner.

It’s the End Game.

Now, everybody want’s their money back.