Ikus Astelehena (29.06.2015)1
Ikus Grezia: Bien bitartean... 2
Ikus Asteartea... (segida)3
Albisteak
Interview: Greek Bailout Saved Bankers, But Punished the People
Greek debt crisis: the failure of the euro wasn’t just predictable, it was predicted
http://www.abc.net.au/news/2015-06-30/dal-santo-greek-debt-crisis-was-predictable/6582546
(1992 essay ‘Maastricht and all that‘ by Wynne Godley .)
Breaking: ECB states that Euro is reversible and not irrevocable
“Up till now the ECB has been adamant. THE EURO IS IRREVERSIBLE, adopting it is irrevocable. But they changed their mind (and historians of course knew better all the time). Yesterday, an interview with Benoît Cœuré, one of the highest ranking civil servants of the ECB, started with this sentence: La sortie de la Grèce de la zone euro, qui était un objet théorique, ne peut malheureusement plus être exclue. Translation: Grexit can’t be excluded, anymore.”
Azteazkeneko albisteak
Europe’s Controlled Demolition
http://www.zerohedge.com/news/2015-07-01/europes-controlled-demolition
Equities Soar As Tsipras Said Ready To Accept Most Of Expired Bailout Offer, European Response Muted
Breaking: Greece folds. Tsipras sends letter to creditors…ready to accept proposal
Greek Prime Minister To Address The Nation Shortly
http://www.zerohedge.com/news/2015-07-01/greek-prime-minister-address-nation-shortly
Market Wrap: Greek “Capitulation” Optimism Sends Global Risk Higher After China Re-crashes
Frontrunning: July 1
http://www.zerohedge.com/news/2015-07-01/frontrunning-july-1
Merkel Addresses German Parliament: Key Points
http://www.zerohedge.com/news/2015-07-01/merkel-addresses-german-parliament-key-points
For The Bookies The Referendum Outcome Is Clear: Paddy Power Pays Out For “Yes” Votes
Leaked Troika Documents Show Greece Needs Huge Debt Relief
http://www.zerohedge.com/news/2015-07-01/leaked-troika-documents-show-greece-needs-huge-debt-relief
Leaked IMF document says that if Greece accepts EU proposal it will remain under austerity until 2030!
IMF: austerity measures would still leave Greece with unsustainable debt
Next Steps For Greece: The Complete Post-Referendum Roadmap
http://www.zerohedge.com/news/2015-07-01/next-steps-greece-complete-post-referendum-roadmap
Bank Of England Warns Greece “Threatens To Trigger Market Selloff That Could Ripple Through The Global Economy”
http://www.zerohedge.com/news/2015-07-01/goldman-ecb-will-have-go-big
Tsipras Will Not Back Down On Referendum: Media Report
http://www.zerohedge.com/news/2015-07-01/tsipras-will-not-back-down-referendum-media-report
“Heartbreaking” Scene Unfolds At Greek Banks As Pensioners Clamor For Cash
Defiant Tsipras Addresses Nation, Calls For “No” Referendum Vote
What does the YES vote mean? What does the NO vote mean? Greeks face confusion amid Sunday’s referendum
‘Boots On The Ground’ In Greece: “Stop The German Bloodletting”
http://www.zerohedge.com/news/2015-07-01/boots-ground-greece-stop-german-bloodletting
Stocks Tumble After Eurogroup Meeting Ends: “No Talks Until After Referéndum”
Eurogroup Teleconference Ends: Dijsselbloem To Present Summary Remarks Shortly
Greek FinMin Lays Out 6 Reasons To Vote “No” In The Referendum
http://www.zerohedge.com/news/2015-07-01/greek-finminlays-out-6-reasons-vote-no-referendum
“What If Berlin And Frankfurt Do Not Budge” – How Varoufakis Saw The “Worst Case Scenario”
Eurogroup’s Dijsselbloem Says “No Grounds For Further Talks”, Will “Wait For Outcome Of Referéndum”
The Greek Bluff May Be Working: ECB Does Not “Haircut” ELA Collateral
Greece Explained (In 2 Cartoons)
http://www.zerohedge.com/news/2015-07-01/greece-explained-2-cartoons
W. Mosler
Comments on Greece4
“Euroaren balioa jaitsi da %1etik %2ra, afera zor greziarraren dramari dagokio. Orokorrean monetak jaisten dira zor draman zorra atzerritar monetan dagoenean eta beldur da gobernuak moneta lokala saldu behar duela FX5 lortzeko, ordainketak egiteko.
Kasurako, pesoa behera joan liteke baldin eta afera bada Mexikok Nazioarteko Moneta Fondoari (IMF, ingelesez) dolarretan ordaindu behar izatea.
Greziarekin hori ez da kasua, ez dagoelako beldur greziarrek euroak salduko dituztela euroak lortzeko ordainketak egitearren.
Baina, dena den, jokalariek euroa saltzen dute, zeren horixe baita egiten dena zor krisi bat dagonean. Gero beraiek euro horiek erosi behar dituzte atzera, eta ez dago inongo estaturik beraiek estaltzeko laguntzearren.
Aipatu dena bere sistema monetario ulertzen ez duen mundua da, barne bankugintza ulertzen ez duten banku zentraleko bankariak, baita mass media nagusia, politikari guztiak eta beraien finantza ministroak ere, azkenak hitz eginez eta ergel handiarena eginez beraien hautesleen kaltetan, zeintzuek ez baitute afera ongi ulertzen, eta ez dira ohartzen daukaten trebetasun falta izugarriaz.
Bien bitartean, makromailan, politika deflaziogileak ondokoak dauzka barne: tasa negatiboak, QE6, fiskalitate estu, erreforma estrukturalak, eta berarekin doan guztia. Eta zorren ordaintze ezak, baldin eta gertatzen badira, deflaziogileak ere dira. Eta joera deflaziogile hori guztia erakusten dute merkatu prezio gehienek ere.”
Ongi dakigunez, austeritatearekin bukatzeko, defizit publikoa areagotu behar da (zehazki %3tik %8ra). Horren ordez, eta jadanik ikusi dugunez7, politika deflaziogilea da nagusi eta berorrekin batera Troikaren funtsezko politikaren garaipena:
“Azkenean, deflazioaren aldeko politiken garaipena, jendeak langabezia nahi duela inflazioa baino gehiago erakusteko edo. (Troikaren garaipena!) Horrek funtsean esan nahi du merkataritza superabitaren bila joatea zutik dagoela.
(…)
… ondorioz, Troikaren ekonomia garaile bilakatzen da: neoliberalismoa, deflazioa, kanpo merkataritza superabitak edukitzea, enpresa erraldoien esportazioak bultzatuz,… eta noski, alboratzen dena defizit publikoa da.”
Eurolandia laborategi bilakatu du Troikak. Eta gaur egun Grezia laborategi horren punturik garrantzitsuena da. Laborategi horretatik irten behar da, ahalik eta lasterren. Bestela, kapitulazioa gertatuko da, nahiz eta kapitulazio hori beste edozein izenekin definituz, kasu, ‘akordio’ izenarekin.
5 Foreing exchange market, FX: https://en.wikipedia.org/wiki/Foreign_exchange_market.
6 QE: quantitative easing. Ikus QE inozoentzat: https://www.unibertsitatea.net/blogak/heterodoxia/2015/03/27/quantitative-easing-qe-inozoentzat/.
7 Ikus Grezia: Bien bitartean...: https://www.unibertsitatea.net/blogak/heterodoxia/2015/06/30/grezia-bien-bitartean/.
joseba says:
ILO txostena:
The European Social Model in Crisis: Is Europe losing its soul?
A 52-page precised version of the book is available
The ILO conclude that:
… while the European Social Model may have been called into question here and there before the crisis, the list of changes in most elements and pillars of the European Social Model since the crisis is formidable. While there are a few exceptions … all other trends show a general withdrawal of the state from social policy, first through massive cuts in social expenditure and reduced funding of education, health care and other public services, and second through radical reforms in a number of areas, such as social dialogue, social protection, pensions, labour market and social cohesion in general …
… the changes are particularly severe in those countries that implemented an austerity package under the direct influence of the Troika…