They love their euros.
It’s the competition folks – not the bank regulators. And they have real teeth.
“What we will not do is become a protectorate of the EU.” But it backfired.
With friends like these….
But what do they know that others don’t?
Will Greece’s new heroes of democracy fold and kowtow to the Troika’s demands, as every government has done since the Eurozone debt crisis began?
The Greeks have lost their sharpest weapon: the financial markets.
“You just killed the Troika.”
The “Syriza Shock” – beginning of the end of unimpeded rule by elitist apparatchiks who dominate central banks and the economic policy machinery.
Overriding dilemma: “Debts that can’t be repaid, won’t be repaid.”