Comments by "John Roberts" (@view1st) on "The Real News Network"
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+Shah Ismail
Whatever they should have done then, the moment for doing it has long since past. We are no longer there, we've moved on and are here, in the present, and everybody - banks, Greece and the EU - must deal with present realities and their consequences. That means, at the very minimum, the realisation by its creditors that Greece cannot currently pay back the loan in full and at interest without being given another loan to pay off the first loan, which it is all too evident the EU/Troika are not willing to lend unless Greece declares bankruptcy and sells itself, lock, stock and barrel, to its creditors - which no self-respecting nation should be willing to do.
Sorry, but I think you are applying too much hindsight to the situation -coulda, shoulda, mighta are not helpful here, in my opinion. In retrospect it's all to easy for critics to say what should have been done, much harder for them to propose practical solutions that are both workable and fair.
It's just a start but if the debt owed by Greece is to be repaid at all then I think it wise that a debt moratorium be imposed until the country is in better shape and in its economy is up and running again. Interim, the austerity measures which are stifling the economies of the EU should be removed or modified to take account of reality.
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No, where a group of countries conspire to form a hostile alliance against another group of countries those countries can be expected to create a similar counter-alliance, which is what the Warsaw Pact was.
Anyone who knows their history will have understood the reason behind the creation of the Warsaw Pact: a defensive alliance designed to repel an invasion by NATO, led by a country that had supported fascism and was dedicated to the destruction of the Soviet Union, an alliance that included Germany no less, the very country that had killed 20 million Russians and nearly destroyed it.
But that is in the past and the Warsaw Pact is long gone. What we are faced with now is a hostile NATO led by a hostile, aggressive, imperialist and expansionist USA which, not content at having absorbed the eastern European states Russia had set up for its own protection, now wants to expand both its own and its proxy NATO army right to the borders of the Russian Federation itself. To the Russians this is 1939 all over again when, after the annexation of Poland, it shared a common border with a country hellbent on its destruction. Only now its worse, much worse; not just a few countries but the whole of western Europe.
As I've already said, buffer states exist to separate powerful countries - or alliances! - that might otherwise go to war. The USA removes them at its -and the rest of Europe's - peril.
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Synonyms
peter
[ Verb ]
[ In the phrase ] "(to) peter out"
dwindle, taper off, fade, wane, evaporate, ebb, diminish, fail, cease, stop, die away, come to an end, come to nothing
[ colloquial usage] fizzle out
"Cotton on"
To (begin to) understand
[ colloquial usage]
cotton on (to), get, get it, click, twig, tumble to, latch onto, get the hang of, rumble, suss out, get the message, get the picture, get wise, get your head/mind round, know the ropes, the penny drops
afoot
[ Adverb ]
about, around, circulating, current, going on, going about, in the air, in the wind, brewing
[ Formal Usage ] abroad
[ Colloquial Usage ] in the pipeline
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