Actually, there is no legal framework in the EU under which any country can be thrown out of the Eurozone. IMO, this fact alone can be considered a clue that Eurozone architects probably never envisioned Eurozone to shrink but only to expand. Of course part of the plan could very likely include Eurozone being assimilated in the future by an even more global and centralized monetary system (a trans-atlantic one for example), but it's current likely dismemberment is in my view something that does not serve the elite's agenda. If that happens, all that will be left for them to do will be damage control by trying to make Greece suffer dearly for it's defiance, and thus setting a painful example for the other exit candidate countries of the European South. A "scorched earth" policy. But no easy and simple solutions exist anymore: Because how are they going to preserve the EU's "democratic" facade (which has already suffered more major blows during negotiations with SYRIZA) and at the same time keep the other Southern countries that also suffered from austerity in the Eurozone, if Greece exits and then
succeeds? Imagine how it would feel for Italian or Spanish people if Greece manages to start growing back it's economy after a Grexit, free to run it's own policies with the help of Russia and the other BRICS countries... The insignificant Greek flames of now (Greece represents a mere 3% of EU's GDP) would turn into a full blown wild fire that will be very hard to contain...
Back in 2009 when the crisis started in Greece, there were two major political parties ruling the political spectrum by holding about 80% of the votes, PASOK (Panhellenic Socialist Movement) and ND (New Democracy). These parties were indeed a known quantity for the elite planners. They were very well known to be but complete obedient puppets after so many scandals and bribery that took place during the past 30 years, when the one succeeded the other in power in Greek politics. The ground seemed to be set for what would followed. SYRIZA at the beginning of the crisis was but a leftist political oddity hardly earning the 3% of the votes required to enter parliament. I think no-one could seriously believe that in 2015 SYRIZA would really claim the government, not even SYRIZA's own most loyal voters. This fact together with the argument presented in my first paragraph have me thinking that is is unlikely that current events are orchestrated from a higher level by the elite. It feels to me more like evidence of their arrogance and their typical non-reality based wishful thinking and over-estimation.
So, as I mentioned before, Greece cannot be opted out or expelled from the Eurozone. What can be done instead, since European Central Bank (ECB) controls monetary liquidity in Eurozone, is to suffocate the economy while taking the calculated risk that Greece will be forced to exit itself. And this is what has been going on. Although Greece has not received any money from it's lenders since last August, the country has still paid 17,5 billion Euros during these past 10 months to service it's debt, all by it's own budget from taxes. So no wonder Greek coiffures are almost empty, and this situation cannot continue for much longer. During the crisis years, the austerity has risen the national debt by another 20%, and is now reaching an enormous 176% of the annual GDP. A child can understand these numbers are not viable. Even a 50% write off of the national debt that SYRIZA asks at the moment in the negotiations, would still in the long run be like just buying some time, as long as Greek economy is suffocating inside a Eurozone. A Eurozone that was built to fit big industrial export economies of the scale of Germany and maybe France, and not for the non-industrialized and mainly agricultural and touristic economy of Greece. This reality is at last becoming common knowledge in Greece. The following few weeks will be most critical.
Thank you all, and also SeekinTruth for the welcoming back to the forum.
