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Old 10-07-2015, 12:53   #1756
Stop It
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Re: Eurozone will collapse...

Quote:
Originally Posted by Damien View Post
Some German politicians are asking the same question according to The Guardian. It does appear that Greece has folded entirely when it became clear they were in no position to make demands.
Or, it's just part of the Greek game.

1: "Accept" all of the demands of the creditors. Possibly sign a few token laws into force to show they "mean it this time"

2: Get a sizeable chunk of money from the creditors, get enough money for the banks to stay open long enough to nationalise them, enforce heavy losses on bond and shareholders while protecting deposits.

3: Do nothing after this, and wait for the protests to really hit.

4: Roll back all of their promises, stating that they "Value democracy over blackmail and the people cannot stand more austerity"

5: Laugh manically as they have saved their government, outfoxed the Germans and got everything they wanted.

6: Syriza become massively popular in Greece and seen as heroes and untouchable.

7: Syriza hope to the gods that they don't get kicked out of the EU for such brazen thievery.

This all assumes that Germany et al actually believe a word Tsipras says, which is still up in the air, even with the likes of France, the US, IMF etc putting pressure on them to accept.

This weekend will be fun.
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