Greek Debt Chicken Game

logopodcastOff the microphone of RE

Follow us on Twitter @doomstead666
Friend us on Facebook

Aired on the Doomstead Diner on February 6. 2015

playing-chicken1

Discuss this Rant at the Podcast Table inside the Diner

Diner Special Lunch Menu

Souvlaki                  or                    Strudle

http://d.ibtimes.co.uk/en/full/1422542/greece-yanis-varoufakis-says-ecb-talks-fruitful.jpghttp://i57.tinypic.com/2z57qtl.jpg

Snippet:

…Once again, the Greeks have taken the Center Stage in the Collapse Kabuki theater, with the newly elected Syriza Goobermint under the leadership of Alex Tspiras attempting to follow through on their many promises to throw off the Debt Choke Hold held on them by the Brussel Sprouts.

The new “Rock Star” player in the game here is the new Greek FinMin, Yanis “Souvlakis” Varoufakis. Yanis is making a lot of headlines in the Econ blogosphere since Syriza took power, first with the threat to outright default and lately with some more creative phrasing of concotions like “perpetual bonds” in some kind of new game of debt musical chairs.

On the other side of this nonsense is Yanis’ Evil Twin, the Kraut FinMin Wolfgang “Strudle” Schauble. Wolfy won’t take any shit from Yanis, and has made it clear he thinks the Greeks are responsible for every penny of the debt that the ECB and by extension the Kraut population extended to the Greeks, despite of course the reality that the Krauts never had the money before the last Greek Goobermint of Bankster Sock Puppets signed for it…

For the rest, LISTEN TO THE RANT!!!

Who CHICKENS OUT first?

Rotisserie_Chicken

Prior Rants on the Greek Debt Kabuki Theater you may have missed:

3 Responses to Greek Debt Chicken Game

  • Since RE said he got banned from Zero Hedge for plugging the Doomstead Diner too much, I occasionally add a link to his Rant, when there is an appropriate place to do that, as recently here:

    http://www.zerohedge.com/news/2015-02-06/greece-are-you-finally-ready-do-right-thing-and-leave

    Greece: Are You Finally Ready To Do The Right Thing And Leave The Euro?

    Of course, I basically agree with RE’s bold rants, which present the ugly truths in an amusing way, (for those who still have enough macabre sense of humour left to be able to enjoy that.)

    I expressed that in this reply, to “NotApplicable,” who expressed the view that the phrase “political solution” was an oxymoron:

    NotApplicable:

    Human beings ARE “political animals.” However, real politics is actually based on the principles and methods of organized crime. The more successful those systems of organized crime become, the more totally those system control their apparent opposition. Hence, if, but only if, one accepts that “politics” is the farce presented in the mass media, then there are no “political solutions” possible within the context of that farce.

    There WILL be “political solutions,” but those will take place in the real world, which is controlled by organized crime. The established systems of enforced frauds have BASIC PROBLEMS inherent to their structure, and the limits of the planet. The established systems of debt slavery have generated numbers which have become debt insanities. There are not enough natural resources left to strip-mine at an exponentially accelerating rate, and so, the systems have to adapt to that … However, the only ways that the established social pyramid systems could adapt to runaway debt insanities, which can NOT be resolved by more exponential growth by strip-mining the planet, are to change gears to provoke death insanities.

    The only genuine “political solutions” are drastic changes in the death controls. There is nothing else which is either theoretically sufficient nor practically possible. However, since the established systems most successfully operated their death controls through the maximum possible deceits and treacheries, while their controlled opposition stayed within the same bogus frame of reference, developing genuinely better systems of death controls is extremely improbable, while provoking death insanities is the automatic default setting of social pyramid systems.

    “Political solution” is NOT an oxymoron, anymore than “military intelligence” is an oxymoron, AFTER one recognizes that military success was based on deceits, and thus, the most successful politicians are the best available professional liars and immaculate hypocrites, which politicians tend to be the banksters’ puppets, performing for the muppets on the stage set by the mass media.

    NotApplicable, although I found your comment witty, and therefore voted it up, I have replied to point out that your statement is ONLY “correct” as long as one accepts the biggest bullies’ bullshit definnition of “politics.” HOWEVER, real politics necessarily operates according the the principles and methods of organized crime. Real “political solutions” are changes in the dynamic equilibria of the defferent systems of organized lies and robberies, and those real “political solutions” depend upon the actual envirnomental situation.

    The article above by Hugh-Smith is typical of those republished on Zero Hedge, in that it is grossly underestimates the nature of the problems, and therefore, grossly overestimates the ability to resolve those problems. That kind of article typically presents the standard of relatively good analysis of the issues, on the superficial level that is done, followed by collapse to bullshit “solutions,” because the original analysis never went deep enough, and thus, the proposed “solutions” end up being silly. The suggested “solutions” outlined by Hugh-Smith are an idealized list which manifest a sublime “rule of law,” which does not realistically deal with the basic paradox of enforcement, that NOBODY GUARDS THE GUARDIANS. Plato pointed that out in his Republic long, long ago. That political problem has never since been solved, because, in principle, there is NO solution.

    Stating that “the era of living off borrowed money is over” is WRONG, because that “borrowed money” was an enforced fraud, due to the ways that the biggest gangsters, the banksters, controlled governments, which are the biggest form of organized crime. Hugh-Smith suggests the typical miraculous bootstrap “solutions” which promote the same old false fundamental dichotomies, and related impossible ideals, such as an ideal manifestation of the “rule of law,” which deliberately ignores that the established mechanisms were due to the development of the methods of organized crime. The only way to actually replace the old systems of organized crime is with some new systems of organized crime.

    Here is a link to a recent 10 minute audio recording which discusses these issues: “Greek Debt Chicken Game”

    The Greek situation is merely one of the leading edges of the ways that human societies’ real politics are based on organized crime, while the majority of people who discuss those issues do so as forms of controlled opposition, who deliberately ignore and deny those basic facts, in the manner illustrated by guys like Hugh-Smith.

    THERE ARE REAL “POLITICAL SOLUTIONS,” BUT THOSE TAKE PLACE IN THE CONTEXT OF REAL “POLITICS,” WHICH ACTUALLY OPERATES ACCORDING TO THE PRINCIPLES AND METHODS OF ORGANIZED CRIME. Any other “political solutions” which are based upon deliberately ignoring or denying that are necessarily bullshit, which is either ignorant, or deceitful, or both, because political economy is inside human ecology; the debt controls are backed by the death controls, and so, private property is based on backing up claims with coercions, while money is measurement backed by murder. SINCE THOSE ARE THE REALITIES, ANY REAL POLITICAL SOLUTIONS MUST RECOGNIZE AND ADDRESS THOSE REALITIES.

    The problems that Greece has are the same as the rest of the world has. The real political solutions to those problems are necessarily going to have to be changes in the death controls, which are most probably going to continue to directed in the most deceitful ways, because the established systems have so totally controlled their opposition that guys like Hugh-Smith can propose such as list of impossible to implement “solutions” in ways which deliberate ignore the mechanisms that made those problems, while such a list of “solutions” based on impossible ideals does not concern itself with the paradoxes inherently present in its kind of presentation.

    The problems that Greece and the rest of the human world have ARE that the debt controls were based on the maximum possible frauds, while the death controls were based on the maximum possible deceits. In that context, the controlled opposition groups continue to operate within the same bullshit frame of reference about all of that, so that the new government of Greece, as well as Hugh-Smith, are typical reactionary revolutionaries, who present relatively accurate analysis of the problems, on their superficial level (albeit, which are an improvement over the absurd lies that the established systems continue to promote). HOWEVER, the contradictions inherent in human civilizations based on backing up legalized lies with legalized lies, being pumped up by advances in science and technology, which NEVER are allowed to happen in political science, is the reason why it appears that the phrase “political solution” is an oxymoron.

  • RE says:

    Thanks for the Plugs BTL!

    Maybe this will soften up the Tyler Durdens and they’ll pick up a rant one of these days. Not holding my breath though.

    BTW, excellent post you made there otherwise, which was exactly my opinion of CHS article. He seems to believe if the Greeks return to the Drachma, they can somehow get a fair monetary system running there, which simply will not happen. He never even addresses the fact that if they do issue Drachma, the Drachma itself will be more debt money, just debt nobody will buy.

    RE

Knarf plays the Doomer Blues

https://image.freepik.com/free-icon/musical-notes-symbols_318-29778.jpg

Support the Diner
Search the Diner
Surveys & Podcasts

NEW SURVEY

Renewable Energy

VISIT AND FOLLOW US ON DINER SOUNDCLOUD

" As a daily reader of all of the doomsday blogs, e.g. the Diner, Nature Bats Last, Zerohedge, Scribbler, etc… I must say that I most look forward to your “off the microphone” rants. Your analysis, insights, and conclusions are always logical, well supported, and clearly articulated – a trifecta not frequently achieved."- Joe D
Archives
Global Diners

View Full Diner Stats

Global Population Stats

Enter a Country Name for full Population & Demographic Statistics

Lake Mead Watch

http://si.wsj.net/public/resources/images/NA-BX686_LakeMe_G_20130816175615.jpg

loading

Inside the Diner

Quote from: azozeo on Today at 07:47:51 AMhttps://truepundit.com/prosecutors-say-jeff...

Quote from: azozeo on Today at 07:56:37 AMBrent SwancerJuly 19, 2019One type of attraction that was once popular and has in recent times become a dying breed facing extinction is the carnival. For many this word will ...

Quote from: azozeo on Today at 07:59:03 AMJULY 17, 2019By Mac SlavoElon Musk finally admitted late Tuesday that Neuralink’s (Musk’s brain-machine interface startup) official goal is to eventually merge human brains wi...

Trump policies push parts of Florida and Texas to endure five months a year of a heat index over 100 degrees.The cu...

Quote from: knarf on Today at 08:10:57 AMThe day that was always inevitable has finally arrived.Despite the media, activists, Hollywood, and politicians all pushing it in everything from the news to the movies, feminism...

Diner Twitter feed

Knarf’s Knewz

Quote from: knarf on Today at 08:10:57 AMThe day t [...]

A number of unusual events are sweeping across the [...]

Jakarta is sinking at the worst possible time. As [...]

Kazakh government first wanted to intercept all HT [...]

Diner Newz Feeds
  • Surly
  • Agelbert
  • Knarf
  • Golden Oxen
  • Frostbite Falls

Astonished divers come across massive jellyfish Th [...]

Manmade ruin adds 7,000 species to endangered [...]

Doomstead Diner Daily July 19The Diner Daily is av [...]

Quote from: UnhingedBecauseLucid on March 18, 2019 [...]

CleanTechnicaSupport CleanTechnica’s work via dona [...]

QuoteThe FACT that the current incredibly STUPID e [...]

Quote from: knarf on Today at 08:10:57 AMThe day t [...]

A number of unusual events are sweeping across the [...]

Jakarta is sinking at the worst possible time. As [...]

Kazakh government first wanted to intercept all HT [...]

26 Jun, 2019Whether it was the Big Bang, Midas or [...]

In November 2018, a 66-year-old man named Tommy Th [...]

Dear Readers, Things in Venezuela are getting mess [...]

Quote from: Golden Oxen on April 27, 2019, 01:49:4 [...]

Musings from the Potlatch Parking Lot while cookin [...]

Nice! Cant wait to see the article. [...]

Quote from: Surly1 on July 07, 2019, 01:51:06 PMQu [...]

Quote from: RE on July 07, 2019, 08:30:58 AMQuote [...]

Quote from: Surly1 on June 28, 2019, 05:41:10 PMQu [...]

Alternate Perspectives
  • Two Ice Floes
  • Jumping Jack Flash
  • From Filmers to Farmers

Meanderings By Cognitive Dissonance     Tis the Season Silly season is upon us. And I, for one, welc [...]

The Brainwashing of a Nation by Daniel Greenfield via Sultan Knish blog Image by ElisaRiva from Pixa [...]

A Window Into Our World By Cognitive Dissonance   Every year during the early spring awakening I qui [...]

Deaf, Dumb and Blind Who Is Better at Conceding They Are Wrong - Conservative or Liberal Extremists? [...]

The Apology: From baby boomers to the handicapped generations. by David Holmgren Re-posted from Holm [...]

Event Update For 2019-07-17http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

Event Update For 2019-07-16http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

Event Update For 2019-07-15http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

Event Update For 2019-07-14http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

Event Update For 2019-07-13http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

With fusion energy perpetually 20 years away we now also perpetually have [fill in the blank] years [...]

My mea culpa for having inadvertently neglected FF2F for so long, and an update on the upcoming post [...]

NYC plans to undertake the swindle of the civilisation by suing the companies that have enabled it t [...]

MbS, the personification of the age-old pre-revolutionary scenario in which an expiring regime attem [...]

Daily Doom Photo

man-watching-tv

Sustainability
  • Peak Surfer
  • SUN
  • Transition Voice

Good Times Traveled"Water may stain the frescos, earthquakes may close the tunnels, but the temples will survive. [...]

Clash of the Negative Emissions Titans: Cannabis, Meet Biochar"These signs and portents point to a coming Anthropocene that will not be your daddy’s World Wa [...]

The Real Climate Debate"That lump in your throat you feel listening to someone laying down hard truth in a poetic way [...]

Riding the Whale’s Tail"Our biological and cultural blinders are equal in every way to those worn by Material Evangeli [...]

Carbon in the Dale"Rather than put back the coal mines, we should seriously think about putting back the forests. [...]

The folks at Windward have been doing great work at living sustainably for many years now.  Part of [...]

 The Daily SUN☼ Building a Better Tomorrow by Sustaining Universal Needs April 3, 2017 Powering Down [...]

Off the keyboard of Bob Montgomery Follow us on Twitter @doomstead666 Friend us on Facebook Publishe [...]

Visit SUN on Facebook Here [...]

Today's movement to abolish fossil fuels can learn from two different paths that the British an [...]

Why has it taken so long for the climate movement to accomplish so little? And how can we do better [...]

To fight climate change, you need to get the world off of fossil fuels. And to do that, you need to [...]

Americans are good on the "thoughts and prayers" thing. Also not so bad about digging in f [...]

In the echo-sphere of political punditry consensus forms rapidly, gels, and then, in short order…cal [...]

Top Commentariats
  • Our Finite World
  • Economic Undertow

Very unnerving. A Chinese slowdown has so many knock-on effects and a hard landing is unthinkably aw [...]

This is a default of a big conglomerate in the private investment sector of the economy. If the char [...]

It's fifty years since Buzz Aldrin went to the moon, and anyone who says different had better w [...]

"A cash crunch at one of China’s best known conglomerates is getting worse as the company said [...]

"Freight volumes are falling precipitously within the US and across much of the world as econom [...]

Hi Steve. I recently found what I believe is a little gem, and I'm quite confident you'd a [...]

The Federal Reserve is thinking about capping yields? I don't know how long TPTB can keep this [...]

As some one who has spent years trying to figure out what the limits to growth are. let me say that [...]

Peak oil definitely happened for gods sake. Just because it isn't mad max right now is no indic [...]

@Volvo - KMO says he made some life choices he regrets. Not sure what they were. And I don't th [...]

RE Economics

Going Cashless

Off the keyboard of RE Follow us on Twitter @doomstead666...

Simplifying the Final Countdown

Off the keyboard of RE Follow us on Twitter @doomstead666...

Bond Market Collapse and the Banning of Cash

Off the microphone of RE Follow us on Twitter @doomstead666...

Do Central Bankers Recognize there is NO GROWTH?

Discuss this article @ the ECONOMICS TABLE inside the...

Singularity of the Dollar

Off the Keyboard of RE Follow us on Twitter @doomstead666...

Kurrency Kollapse: To Print or Not To Print?

Off the microphone of RE Follow us on Twitter @doomstead666...

SWISSIE CAPITULATION!

Off the microphone of RE Follow us on Twitter @doomstead666...

Of Heat Sinks & Debt Sinks: A Thermodynamic View of Money

Off the keyboard of RE Follow us on Twitter @doomstead666...

Merry Doomy Christmas

Off the keyboard of RE Follow us on Twitter @doomstead666...

Peak Customers: The Final Liquidation Sale

Off the keyboard of RE Follow us on Twitter @doomstead666...

Collapse Fiction
Useful Links
Technical Journals

The monthly averaged data time series of temperatures and rainfall without interruption of Conakry A [...]

The Himalayas are highly susceptible to the impacts of climate change, as it consequently increases [...]

Spatial hydroclimatic variability of Eastern North America’s Allegheny Mountain System (AMS) i [...]

Climate change mitigation targets have put pressure to reduce the carbon footprint of cultural herit [...]

Follow on our http://www.doomsteaddiner.net/forum/