Despite the blatantly ridiculous lies about economic recovery and other fairy tales from Samaras, international financial firms like Blackrock are convinced Greece is on the verge of bankruptcy. Of course, we don’t need international money lenders to tell us this, as the Greeks experience it every day with suffocating economic policies that have driven thousands of our compatriots into unemployment, poverty, depression and unfortunately even suicide.
It is significant, however, that a banking organization, the “protectors” of Samaras, such as Blackrock, are exposing him regardless. They are classifying our country as the most likely country to default. He owes his political survival to the banks yet he still is exposed by them.
Based on the three-month (April-May-June) debt risk index (Sovereign Risk Index) of Blackrock, the last quarter favored the developed markets such as Belgium and Britain, which went up in the rankings, while key emerging markets fell, due to political instability and a deteriorating economic outlook.
Brazil fell four places and was 31st among 50 countries, which according to Blackrock is attributed to rising levels of short-term debt. Russia ‘dropped’ three positions to the 24th due to “the decline in perceived effectiveness of its government” and a deteriorating economic outlook . Argentina, which is deadlocked with investors who refused the “haircut” on bonds fell in the rankings by one place down to 45th, compared with the previous quarter.
From the above map, you can see that out of 50 countries listed, Greece now ranks dead last at 50th. Even countries which are now war zones like the Ukraine rank above Greece.
The thing to note from this, is that it is not only Samaras lying and telling fairy tales about the Greek economic outlook. Greek-American lobby groups like AHEPA and HALC openly describe Samaras as being a kind of savior, insisting “things will get better” under him while they only decline further and further.
Nicholas Karacostas, the wealthy Cypriot businessman who is “supreme president” of AHEPA maintains that there is a “formidable government” running Greece now while Greeks starve.
Perhaps the government is “formidable” for him and his Zionist bosses who hold his strings, but it certainly isn’t formidable for the real Greek people who suffer from it.