Predictions On Greece: Russian Support

Already some of my Greek predictions are bearing fruit. Let’s look at a few of them.

For starters, from the Greeks have attained some negotiating breathing room. This is a big deal. It shows that when Greeks stare down the German barrel it’s the Germans who fold, and rightly so. Germany has strong cards but the Greeks have an ace in the form of a suicide button. And ultimately I think the Greeks are going to employ it. Right now the Greeks are preparing the field for a Grexit where the Germans and the Troika take public responsibility.

And so they should. They created this situation by pandering to American desires and making an economic union that cripples entrepreneurship and forces you to pander to the Americans yourselves! What a ridiculous fiasco the whole Eurozone has been. A brilliant idea butchered in practice.

Meanwhile the Russians continue to strengthen bilateral ties. The Turk stream pipeline that is replacing the now defunct South Stream is going to be building its European hub in the North of Greece. How appropriate. This is not an accident, nor a necessity. Now that the South Stream was pulled away the Bulgars are begging for it back. But Russia has chosen Greece to work with.

This is because Greece is Russia’s bridgehead into the EU and a mighty close one. The historical and cultural connections between the two countries are legion, and I am certain that Russia will begin to offer some kind of aid package in the near future and assist in the case of a Grexit from the Euro.

Also remember a Grexit does not necessarily mean an exit from the Eurozone, which remains popular with Greek voters. But it will mean a titanic re-orientation within both the EU and NATO. A pro-Russian bloc will spring into being overnight, with Greece, Hungary, and the Czechs leading the way. The coming Spanish, Cypriot, Italian, and Austrian governments will follow in the near future.

We’ll know in the coming months. I think we’re at a shatterpoint. How this plays out is going to reshape the eurozone in a way absolutely contrary to the intentions of the Eurozone’s authors in London and DC.