Leaked: IMF plots to "cause a credit event" in Greece and "destabilize Europe"

Greece is demanding an explanation from the IMF today over a leaked transcript of a meeting that Wikileaks published. The implications are startling.

"The Greek Government asks the IMF for explanations whether pursuing the creation of bankruptcy conditions in Greece, just before the British referendum, is the Fund's official position," government spokeswoman Olga Gerovasili told state TV.

The memo appears to be a perfect example of what Naomi Klien refers to as Disaster Capitalism.

THOMSEN: That is one possibility. Another possibility is one that I thought would have happened already and I am surprised that it has not happened, is that, because of the refugee situation, they take a decision... that they want to come to a conclusion. Ok? And the Germans raise the issue of the management... and basically we at that time say "Look, you Mrs. Merkel you face a question, you have to think about what is more costly: to go ahead without the IMF, would the Bundestag say 'The IMF is not on board'? or to pick the debt relief that we think that Greece needs in order to keep us on board?" Right? That is really the issue.
* * *
VELKOULESKOU: I agree that we need an event, but I don't know what that will be. But I think Dijsselbloem is trying not to generate an event, but to jump start this discussion somehow on debt, that essentially is about us being on board or not at the end of the day.

velculescu.jpeg
Delia Velculescu

The targets of this man-made crisis is both Greece and Germany.

The whistleblowing organisation said the discussion showed that the IMF was planning to tell Germany it will abandon the troika (composed of the IMF, the European commission and the European Central Bank) if the IMF and the commission fail to reach an agreement on Greek debt relief.
The IMF officials say that a threat of an imminent financial catastrophe was needed to force other players into accepting its measures such as cutting Greek pensions and working conditions, but that the UK referendum on 23 June will paralyse EU decision-making at a critical moment, according to the records.

Besides the obvious immorality of this plan, there is also the fact that it could unpredictable side effects. As Bloomberg puts it, "would risk widening the destabilization of the EU."

In case what is happening is still not clear enough, Paul Mason breaks it down in simple terms.

So let me decode. An “event” is a financial crisis bringing Greece close to default. Just like last year, when the banks closed, millions of people faced economic and psychological catastrophe.
Only this time, the IMF wants to inflict that catastrophe on a nation holding tens of thousands of refugees and tasked with one of the most complex and legally dubious international border policing missions in modern history.
..
It is the whole of Europe, in other words, that the IMF is conspiring to hit with the shock doctrine.
It’s clear from the transcript that the IMF has become a playground for neoliberal fantasists.
To fantasise about inflicting yet another near bankruptcy on a teetering democracy reveals levels of insouciance about the welfare of human beings and the sovereignty of states incompatible with a democratic organisation.
It proves, yet again, that the core of the economic doctrine that guides the global elite is the determination not to “give a shit” about real people, but to impose the doctrine even at the cost of state failure.

In a related note, you might have noticed the IMF refer to "the refugee situation" which Mason says is "the most complex and legally dubious international border policing missions".
You see, while you were focusing on the American elections, Europe decided to do something about the refugee crisis.
First they closed the northern border of Greece.
Now they are prepared to ship the war refugees back to Turkey.
But they will still be safe in Turkey, right? Well, maybe not.

Turkey has illegally forced thousands of refugees to return to Syria, a report by Amnesty International says.
The group says about 100 Syrians have been sent back to their war-torn country every day since mid-January in breach of international law...
Under the "non-refoulement" principle of international humanitarian law, a state is prohibited from deporting individuals to a war zone.
Amnesty said one case involved three young children forced back into Syria without their parents, while another saw the forced return of an eight-months' pregnant woman.

Forcing pregnant women and children, without their parents, into a war zone.
Mission Accomplished!

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detroitmechworks's picture

how you define "War..."

Because, we never shipped refugees to a "War" zone as we understood the term.

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I do not pretend I know what I do not know.

GreatLakeSailor's picture

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Compensated Spokes Model for Big Poor.

I hadn't even thought of how we shipped back refugees to El Salvador, Guatemala and Nicaragua to die in the 80's.

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Steven D's picture

That is my opinion of the IMF.

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"You can't just leave those who created the problem in charge of the solution."---Tyree Scott

boriscleto's picture

Don't say pig fucker in front of Jesus...

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" In the beginning, the universe was created. This has made a lot of people very angry, and is generally considered to have been a bad move. -- Douglas Adams, The Hitch Hiker's Guide to the Galaxy "

worked there (some sort of glorified spreadsheet jockey).

He called them the International Murder Fund because of all the despots they did business with.

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christine lagarde downhill world.jpg

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Bisbonian's picture

but I don't think it is merely opinion.

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"I’m a human being, first and foremost, and as such I’m for whoever and whatever benefits humanity as a whole.” —Malcolm X

And the poor pigs, they have nothing to do with any of this.

Let's just call the IMF what they are MURDERS.
Just because they don't die fast doesn't change a thing. Dying slowly is still dying.
When your policies cause death, you are a murder.

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With their hearts they turned to each others heart for refuge
In troubled years that came before the deluge
*Jackson Browne, 1974, Before the Deluge https://www.youtube.com/watch?v=7SX-HFcSIoU

angel d's picture

When are people going to wise up to the fact that this whole MONEY thing is just a cruel belief system. We don't have to buy into it. It's not real.

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Raggedy Ann's picture

We might be getting closer to that.

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"The “jumpers” reminded us that one day we will all face only one choice and that is how we will die, not how we will live." Chris Hedges on 9/11

boriscleto's picture

Send the refugees back to send a message to the others thinking about crossing the Mediterranean.

I'm sure she would be fine with breaking up the EU too. All the better to remind them that they are dependent on the US for defense against Russia...

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" In the beginning, the universe was created. This has made a lot of people very angry, and is generally considered to have been a bad move. -- Douglas Adams, The Hitch Hiker's Guide to the Galaxy "

Lenzabi's picture

So, the whole situation was deliberate? this falls into the hands of the Banks that loaned Greece and other nations the money they asked for to help them but instead hurt them and thus causing problems worldwide, damn they are all bad across the world!

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So long, and thanks for all the fish

shaharazade's picture

in action. First we set the world on fire with our endless war on terra and then when the victims of our war crimes flee it's called a refugee problem instead and the global rulers and their banksters solve it by sending them back for more. As for the IMF, The World Bank, Goldman Sachs and all the pillagers including the EU they are not helping any nation. They are creating disasters that are fiscal, military, human and environmental and making obscene amounts of funny money off all ends of misery and death they deal in.

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dervish's picture

Greece and/or the EU in the middle of a crisis, nationalize the bastards.

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"Obama promised transparency, but Assange is the one who brought it."

dervish's picture

Greece and/or the EU in the middle of a crisis, nationalize the bastards.

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"Obama promised transparency, but Assange is the one who brought it."

dervish's picture

I don't know how that happened.

Btw, RT television picked up this story today. CNN, MSNBC et al won't cover it for as long as I live.

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"Obama promised transparency, but Assange is the one who brought it."