Alana said:
We agreed that leaving the EU and the euro would be the best solution and that letting a couple of banks close down won't be the end of the world, if we take Iceland as an example.
Rampant greed plays a part, and so could the anti-Russian angle. Whichever Cypriot banks are 'let' close down, it will only be thanks to backroom deals where other banks snap up their assets on the cheap and move in to take over their turf. If the 'laws of economics' were allowed to run their course, all the 'too big to fail' banks would have closed down by now and the U.S. would have declared bankruptcy.
It's important to remember that 'economics', 'economy' and 'currencies' are contrived concepts, especially today. I think that unless and until the EU as a whole collapses, leaving the euro isn't an option. The Eurozone, like the EU, is a
political project. The goal is submission and control. I think that's why they 'invited' so many new members in the 2000s, and why they never seriously discussed Greece or the other peripheral countries leaving the EU or the Eurozone (Ireland, Portugal, etc). Instead, they are 'rehabilitating' Greece through economic shock therapy, breaking down its social cohesiveness through mass trauma.
There are only so many goods in the real economy, but in the fake economy that sits above the real one, numbers are manipulated to make 'austerity measures' seem like the only way forward. All the wealth is sucked upwards and inwards by those at the top who are not productive members of society. There is no shortage of money. In a way, money really does grow on trees. The ECB just prints money whenever it wants to. Actually, it doesn't even do that. Like the Federal Reserve, it just adds digits to its electronic balance sheets. This 'sleight of hand' of adding accounting entries creates 'debt' that must be repaid using the real money circulating out there, with interest, by the people to their government, which collects it on behalf of the banking system.
All countries in the Western Banking System are 'in debt' - that's the foundation of the entire system. From that baseline, the Powers That Be can call in their debts wherever and whenever they want to. Maybe they do it over here because they want to put pressure on this leader who is stepping out of line; maybe they do it over there because they want to test the population's response; maybe they just do it because they can. Even in 'normal times', when things are relatively stable, because they have built into the system a permanent shortage of money, stress is permanently being applied on people. Hypothetically, if every single loan (in any given Western banking system) was called-in and everyone tried to pay it, there would not be enough money to pay for both the principal of each loan and the interest on the loan.
It's like musical chairs, and every now and then, they remove another chair or two by calling in some of the debt 'owed' to them and shrinking the money supply, forcing the normal people in the real economy to work harder to satisfy the greed of the psychopaths running the fake economy.
