While the landmarks are gradually fading, and the period is troubled, a good documentary to be informed...
The shock strategy is a policy of dismantling public assets and drastically reducing freedoms carried out after a serious economic, political or environmental crisis, an attack or a war. It is inspired by the techniques of brainwashing and sensory deprivation employed by the CIA aimed at destroying the memory of the subject, breaking its resistance capacities and obtaining a “blank page” on which to write a new personality.
On the scale of a population, it is a matter of making a “clean slate” of the past by reducing to zero the public heritage of a country, its social and economic structures in order to build a new society there. Deprived of their points of reference, literally in a state of shock, the populations victims of this treatment saw themselves robbed of their public goods (education, health, pensions) and of their freedoms by the oligarchy and its elites without even being able and wanting to defend oneself.
Chileans under the dictatorship of Pinochet or the Argentinians under that of Saw, the Russians victims of the "shock therapy" of Boris Yeltsin, the Iraqi victims of the American intensive bombing campaign of March 2003 baptized Shock and Awe (Shock and awe), the people of Louisiana cyclone victim Katrina, the Americans victims of theSeptember 11 scam and its liberticidal excesses, the South Africans, the Chinese or the Poles, victims of the neo-liberal counter-revolution,... The list is still long of all those who served as guinea pigs for this insane doctrine born in the laboratory of the University MacGill to Montreal. It strangely spared Western Europe...until the subprime crisis of 2007-2008.
Welcome to Greece, the European laboratory of "disaster capitalism" where the limits of human resistance are tested: an (official) unemployment rate of 28%, a third of the population living below the poverty line, more than a third without health coverage, public services in decline rolled by draconian austerity cures, a public heritage (archaeological sites, islands, forests, airports, gas or electricity company, ...) sold off for a pittance to private companies... and a breathless population, unable to defend themselves.
The reason for this capitulation? The trauma caused by the violence of the crisis imposed on the Greek people by the banking oligarchy, undermining any hint of resistance to the systematic destruction of the public sphere: "Waiting for a large-scale crisis, then, while the citizens are still under the shock, to sell the State piece by piece, to private interests before arranging to perpetuate the "reforms" in haste [1] is a good summary of what the Greeks went through. This veritable financial coup required several phases of preparation. Narrative of a (Greek) tragedy in 5 acts.
1er act: creating the conditions for a credit crisis (2000-2007)
At the beginning of the 2000s, the USA embarked on the limitless credit craze. Borrowers, even those who are not creditworthy, take out increasingly risky mortgage formulas, most often at variable rates. In the first years, the rates are low and borrowers can repay easily but as they increase an increasing number of people can no longer repay their mortgage and are forced to sell their property, thus causing prices to fall of the market, the first stage of the crisis.
These “toxic” loans (because they have a high risk of not being reimbursed) are compiled with other financial products that artificially benefit from the best rating (AAA) from the rating agencies and are then traded on stock exchanges around the world. The American investment bank Goldman Sachs is one of the pioneers in the creation of these “subprimes”. A halt in the spring of 2008: borrowing households could no longer repay their loans because of the rise in interest rates, the private debt bubble burst and the system seized up. The financial system is contaminated by these rotten securities and the contagion is rapid: their value collapses, investor confidence plummets and the interbank lending system is quickly frozen.
The benefit is threefold for the banking oligarchy: after having taken advantage of easy credit in the first phase, it creates the conditions for an artificial crisis which will oblige the States (therefore public money) to bail them out in the second phase and it will multiply its gains tenfold by placing entire countries under its dependence thanks to the digging of sovereign debts and the inflation of the interest rates of their financing, in the third.
2e act: trigger a debt crisis (autumn 2008)
The trigger for the so-called “subprime” crisis is known. administration Bush nationalizes AIG et Bank of America, redeem Merrill Lynch ...but refuses to save the investment bank Lehman Brothers which declares bankruptcy on September 15, causing all the world stock markets to fall. By this decision, the Secretary of the Treasury Henry Paulson kills three birds with one stone: he sacrifices a direct competitor of Goldman Sachs - the bank he chaired between 1998 and 2006 and whose interests he continues to defend - and he creates the conditions for a crisis providential for finance while grabbing public money for the sole benefit of private banks thanks to the “Paulson plan”.
3e act: creating a banking crisis in Europe (2008-2009)
Jointly presented by the Federal Reserve and the Treasury, the “Paulson plan” to buy back toxic American assets, amounting to 700 billion dollars, was voted on in the American Congress but without however convincing investors. The CAC40 and the Dow Jones experienced a historic fall on “Black Monday” (October 6, 2008). To calm the markets, 7 global central banks (United States, Europe, United Kingdom, Canada, Sweden, Switzerland and China) will have to agree to lower their key rates by half a point.
4e act: turn it into an economic crisis (from 2009)
The financial crisis quickly becomes an economic crisis. Many countries went into recession, household consumption plummeted, companies made huge losses and were forced to reduce their salaried workforce or go bankrupt, unemployment exploded: from autumn 2008 to the end of 2009, the rate in France rose from 7,9% to 10%, in the USA it doubles from 5% to almost 10% and it triples in Greece from 8% to more than 24%. The automotive sector is particularly affected. In the United States, the American giant General Motors declared bankruptcy in June 2009, only three months after Chrysler.
5e act: Goldman Sachs can then place its pawns in Europe...
La Greece played the role of the Trojan horse of European banking governance. First step, bring it into the euro zone. This is what the bank Goldman Sachs has been actively working on. by disguising his accounts to underestimate its already high debts and deficits, in particular by raising off-balance sheet funds.
Second step : provoke a European debt crisis financially strangling Greece by a rise in interest rates and wait for the contagion to other States.
Third step : place its pawns in the States most severely affected by the debt crisis which began in the spring of 2010: Lucas Papademos, new Greek Prime Minister, Mario Monti, new President of the Italian Council of Ministers (appointed and not elected), and Mario Draghi, new president of the European Central Bank are all three executives of Goldman Sachs. Lucas Papadémos was governor of the Bank of Greece between 1994 and 2002, and as such actively participated in the operations of embezzlement perpetrated by Goldman Sachs.
Mario Monti has been an international advisor to Goldman Sachs since 2005, and appointed to the European Commission. He is also the President for Europe of the Trilateral Commission and a member of the Bilderberg group, two globalist organizations. He is also one of the founding members of the group Spineilli, a think tank that wants to promote European federalism. Mario Draghi was vice-president of Goldman Sachs for Europe between 2002 and 2005 and, as such, is suspected of having allowed the concealment of part of the sovereign debt of the Greek accounts by embellishing them.
Fourth step : make the most fragile states bend by granting them irrepayable aid at prohibitive rates. Faced with the risk of sovereign default, investors are imposing impractical borrowing rates on states in difficulty, which can then no longer finance themselves. These successive plans are accompanied by drastic austerity conditions, endangering the social balance of the countries.
In Greece, social security is in tatters, garbage collection is no longer guaranteed, museums are closing one after the other, public television is no longer broadcasting, books are gradually disappearing from schools, children starve... Salaries in the private sector fell by 25% in 2011, the minimum wage was reduced to 586 euros gross, bringing the average salary down to 803 euros in 2012 then in 2013 to 580 euros, i.e. the equivalent of Chinese average salary. Greece is now considered a third World countries.
All the loans granted to Greece are all the less likely to revive its economy as they are largely captured by the financial oligarchy : Greek banks (for 58 billion), creditors of the Greek State (for 101 billion), most banks and investment funds have received most of the aid released by the EU and the IMF since 2010, or 207 billion euros.
Three-quarters of the aid allocated did not benefit citizens but, directly or indirectly, the financial sector. A Attac study Austria thus shows that only 46 billion were used to bail out the public accounts – and still in the form of loans, while at the same time 34 billion were paid by the State to its creditors in interest on the debt. Or how to transform private debt held by banks and creditors into public debt.
... prelude to a global dictatorship of finance
Will the Troika's austerity policies soon be extended to the whole continent? And from there, to the whole world?
This veritable racket imposed on States (and therefore on populations) has been made possible by the various European treaties: that of Maastricht which makes the ECB the guarantor of the common currency and the supervisor of monetary policy (Article 105) and that of Lisbon which sets in stone the prohibition imposed on the National Banks of the Member States as well as on the ECB from directly financing sovereign debts and thus subjects the States to the appetites of private banks [2] (123 article).
National sovereignty, the main obstacle to the global governance of finance, is undermined by these treaties, as is popular sovereignty, which is blithely flouted. The vote of refusal to the referendum consultations on the European Constitution, whether in France, the Netherlands or Ireland, did not prevent the European Commission from imposing them. More and more important decisions in Europe are taken by unelected civil servants and lobbyists, in defiance of the choices clearly expressed by citizens...the rare times they are consulted.
Popular or national sovereignty are direct obstacles to financial predation? It is then enough to liquidate them purely and simply! To make acceptable the reduction of a third of our salaries as recommended by Goldman Sachs, the oligarchy wants to establish authoritarian regimes in Europe. JP Morgan considers, without laughing, that sweeping political reforms abrogating bourgeois democratic constitutions post-war protective measures will be needed to suppress opposition to the massively unpopular austerity measures that are on the way.
The social anxiety caused by the crisis has indeed played a role in curbing the demands - 2011 first year of the debt crisis saw a dramatic drop in the number of strike days in France and the most devastating reforms for the world of work, the National Agreement on Investment and the Responsibility Pact, have passed like a letter in the post when they would have provoked a massive outcry before the crisis - but the oligarchy wants to go further and faster and she is ready to use all means to break popular resistance.
We better understand the meaning of the relentlessness against the family shown by the Hollande government : by attacking the very notion of filiation, we produce vulnerable individuals, without history and without memory, by calling into question sexual identity, we erase a structuring reference point, by destroying family solidarity, we facilitate the advent of dictatorships of tomorrow which will serve the interests of globalized finance.
To make a clean sweep of the past by cutting individuals off from their social, family, national or religious roots in order to obtain a "blank page" on which to write a new history, is the objective of the "shock strategy". Greece and its devastated public heritage will indeed have been the laboratory of a new form of particularly destructive dictatorship that the banking oligarchy will impose on the whole of Europe...unless peoples and nations decide to take back the hand.
By Nicolas Bourgoin - Join me on facebook: Fighting the New Security Order
Notes
[1] Naomi Klein, The Shock Strategy. The Rise of Disaster Capitalism, 2007.
[2] This situation is the one experienced by France since the Pompidou-Giscard law of January 1973 which prohibits the State from obtaining financing from the Banque de France.
Source 911Nwo.info
Further information :
Crashdebug.fr: The establishment of the dictatorship in France – Interview with Master Danglehant
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