...
and another indication of where things are going in Europe and
Germany
Dimitris
Kazakis, economist and leader of EPAM (United People's Front), a
political formation against Troika neoliberal policies in Greece, has
given a very important fact, speaking on journalist George Tragas'
broadcast, last December:
“German
economy, due to crisis, is changing direction. This changing
direction is that, now, is gaining more advantages by selling money.
This means that, actually, at the moment, German economy seeks to
retain a very high, clear, international investment position, which
means, how much capital exports, and exports 36% of GDP. It is the
highest percentage in global economy. This is the main target, not
products exports so much.”
This is a
fact which shows that, the German economic oligarchy tries to protect
its capital by any means, but also that, with this capital escape,
blackmails German governments in order to force them to apply the
"Greek experiment" model.
This means
that, the German government will be forced to proceed in huge cuts in
wages and dissolve labor rights - as a gift to the German economic
elite - so that production and products exports to retain their
percentage on GDP and therefore, avoid the loss of jobs and keep
unemployment percentage at current level.
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