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Lube up Greece: Ephialtes Tsipras ensures this weekend the Germans & the Troika utterly shaft you

Tom Winnifrith Saturday 11 July 2015

 

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61% of the people in the country that invented democracy last Sunday voted to reject an austerity deal. Five days later, the new Ephialtes, PM Alex Tsipras strong-armed the Parliament to allow him to propose an even worse deal. But it is this weekend when Greece really needs to lube up as the Germans and the Troika prepare for the final humiliating shafting. 

For it is clear that as EU finance ministers meet that many of them (the Dutch, Latvians and especially the Krauts) as well as the Troika seen the new Tsipras capitulation (ooops I meant plan) only as a basis for negotiations. That is to say they want even more concessions.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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Jim Mellon says he loves listrening to my podcasts and has sent over a very interesting article following the pulled We Work IPO which I discuss at length. The into PureCircle (PURE) which Lucian has called brilliantly, notably here. Yesterday’s shock warning tells us so much about the disgraceful apathy of folks like Numis and PWC when evidence of aggressive accounting was there for all to see over many years. I discuss another company shown to be swmming with no trunks. It will not be the last.

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