Monday, February 16, 2015
The media is going nuts with the situation in Greece which means bankers are becoming pretty desperate and are doing their worst, trying to convince the world of the catastrophic, end of the world, madness of epic proportions! Leftist Greek Madness they say!
The simple truth is that we have the bankers and other global elite desperate to break Greece while the new Greek government is trying to hold its ground. In reality, what Greece is asking is nothing new. In fact, during the London Agreement on German External Debts of 1953, the repayable amount of German’s debt was reduced by 50% to about 15 billion marks and stretched out over 30 years. Someone should remind Angela Merkel of this.
The situation isn’t that complicated. Either Greece stays in the EU or it goes. As I hope you learned by now, the global elite expect to achieve the opposite of what the mainstream media they own says. Right now, its clear that they are terrified of the idea of Greece actually leaving. They will play hard but finally make a great offer so that Greece stays in the EU. There are many reasons for this:
a)If Greece leaves, it won’t be paying any time soon.
b)They simply cannot afford to lose a Country and damage an already fragile Eurozone.
c)Even worse, they sure can’t let Greece go, and have Greece do better than before by running its own country. After an initial period of recession and inflation, Greece could be booming thanks to a cheaper local currency in a little over a year.
d)If Greece leaves and benefits from its own currency, other countries may follow with similar demands to remain in the EU: Stay in the EU and reap its benefits, while at the same time go back to having your own currency. Hey, if UK gets away with it, why can’t everyone else?
e)At this particular moment, if there’s one thing European countries don’t want is to start losing territory or political and economic alliances to Russia and China.
Here’s some advice
While its not likely to happen, there’s still the possibility that Greece may leave. If that’s the case then Greece will eventually benefit from it but it will take time and there are some potential risks. Here’s what you should do so as to prepare:
1) Stock up on food, water and other basic supplies. Pay special attention to food and medicine. Stock up on fuel as well. Buy some metal jerry cans and keep them full in case of inflation or in case you have to leave in a hurry. Food may quickly become more expensive due to inflation and medicine may no longer be imported into the country for a period of time. If you haven’t done so already, get a weapon for self-defense. Chances are you wont be needing it but its better to have one anyway.
2) Get your money out of the bank. Living in Greece you should have opened a bank account in a more stable country a long time ago. At the very least, keep a good amount of cash at home. If Greece does leave expect bank accounts to be immediately frozen and no more transfers out of the country. Euros will sure be worth a lot more than the new currency but there’s something important here to keep in mind: It may be the case that Greek-issued Euros are converted to the new currency and are no longer accepted in Europe. If possible, get your money out in another EU country so as to have non-Greek Euros in hand.
3) Just in case, have a plan to leave to a safer location, maybe a neighboring country. It isn’t very likely, but if Greece does leave there may be some corporations that would like to destabilize Greece so as to benefit from its downfall. Maybe create a little “Greek Spring” of some kind. With cash, food and fuel you should be able to travel if things start getting ugly.
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.