The Suspicious Global Economic Crisis to Control the Disobedient Orthodox Nations · PDF...

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The Suspicious Global Economic and Political Crises for Controlling the ‘Disobedient’ Orthodox Nations by John N. Kallianiotis University of Scranton Most men are bad”(Πλεῖστοι ἄνθρωποι κακοί, pleistoi anthropoi kakoi). Bias of Priene (Βίας Πριηνεύς; 6th century B.C.) I. Prologue The planned “irrational exuberance” was over after three decades of integrations, deregulations, wastefulness, greediness, over-indebtedness, and corruption. But, its negative consequences were expected because the economy and markets were too good to be true. We were living a big delusion and this deceit is over. The economic and social indicators reveal that the U.S. from a moral, ethical, and just superpower is becoming less and less competitive and less friendly with the rest of the world. 1 European Union (the forced integration of 28 nations, without referenda), with its debt crises and the common currency, is the worst “innovation” in human history (the “planned” destruction of Europe). 2 It is a mixture of twenty eight nations without domestic public policies, without self-determination, without sovereignty, and of course, without any future. 3 All these strange evolutions have increased the global uncertainty, have caused unemployment in EU 4 and the U.S., have reduced competitiveness, have caused bankruptcies, and have augment anxiety and health problems (mental and physical) to citizens. The current 1 The U.S.A. was the biggest economic power in the world and is declining daily. Greece was the biggest spiritual power on earth and is descending daily. We must grieve for the plight of these two nations and someone is responsible for this. The problem must be the bad and controlled leadership in these two “model” nations. Voters are responsible, too. Unfortunately, they have something else in common; they have not many allies. 2 The ECB occupies a gleaming thirty-seven-story skyscraper in Frankfurt’s financial district and its objective is to avoid another intra-European war and to rival the United States. Both the Fed and ECB were structured as political compromises. The Fed has only one set of elected politicians to cope with; the ECB has at the moment nineteen (19 EMU country-members). The legal mandate is for the first to maximize employment and price stability; for the second is to resist inflation. Both central banks are designed to be independent, but they are not, they are dependent on the financial institutions and markets. Both concentrate on the same intermediate objectives: credit and liquidity. The central banks can create money (“printing money”, which is electronic), as the Fed is doing since 2008 by supplying over $4 trillion and flooded the world with greenbacks. 3 For example, in EU, 73.8% are against privatization, 80.9% are against Turkey’s entrance to EU, 83.6% are against Euro-constitution (Treaty of Lisbon), 71.6% want to go back to their previous national currencies, 71.5% of Greeks are in favour of vetoing Skopje’s (Vardarska’s) entrance to NATO and EU, Europeans are against the independence of Kosovo, and 86.1% of Greeks are against the marriage of homosexuals. (Various polls). Europeans are actually against this “anti-European creature”, the EU and against the acceptance of these illegal immigrants (Muslims) from Middle East and North Africa. But, dark powers have the opposite objective for the poor Europeans. 4 The main reasons, for unemployment in Europe, are the austerities, the illegal and uncontrolled immigration and also, the free mobility of factors, products, and services. Europe and especially, Greece are in trouble to lose their thousands years old identity with these millions of Muslims immigrants.

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The Suspicious Global Economic and Political Crises for Controlling the ‘Disobedient’ Orthodox Nations

by

John N. Kallianiotis University of Scranton

“Most men are bad”(Πλεῖστοι ἄνθρωποι κακοί, pleistoi anthropoi kakoi).

Bias of Priene (Βίας ὁ Πριηνεύς; 6th century B.C.)

I. Prologue

The planned “irrational exuberance” was over after three decades of integrations, deregulations, wastefulness, greediness, over-indebtedness, and corruption. But, its negative consequences were expected because the economy and markets were too good to be true. We were living a big delusion and this deceit is over. The economic and social indicators reveal that the U.S. from a moral, ethical, and just superpower is becoming less and less competitive and less friendly with the rest of the world.1 European Union (the forced integration of 28 nations, without referenda), with its debt crises and the common currency, is the worst “innovation” in human history (the “planned” destruction of Europe).2 It is a mixture of twenty eight nations without domestic public policies, without self-determination, without sovereignty, and of course, without any future.3 All these strange evolutions have increased the global uncertainty, have caused unemployment in EU4 and the U.S., have reduced competitiveness, have caused bankruptcies, and have augment anxiety and health problems (mental and physical) to citizens. The current

1 The U.S.A. was the biggest economic power in the world and is declining daily. Greece was the biggest spiritual power on earth and is descending daily. We must grieve for the plight of these two nations and someone is responsible for this. The problem must be the bad and controlled leadership in these two “model” nations. Voters are responsible, too. Unfortunately, they have something else in common; they have not many allies. 2 The ECB occupies a gleaming thirty-seven-story skyscraper in Frankfurt’s financial district and its objective is to avoid another intra-European war and to rival the United States. Both the Fed and ECB were structured as political compromises. The Fed has only one set of elected politicians to cope with; the ECB has at the moment nineteen (19 EMU country-members). The legal mandate is for the first to maximize employment and price stability; for the second is to resist inflation. Both central banks are designed to be independent, but they are not, they are dependent on the financial institutions and markets. Both concentrate on the same intermediate objectives: credit and liquidity. The central banks can create money (“printing money”, which is electronic), as the Fed is doing since 2008 by supplying over $4 trillion and flooded the world with greenbacks. 3 For example, in EU, 73.8% are against privatization, 80.9% are against Turkey’s entrance to EU, 83.6% are against Euro-constitution (Treaty of Lisbon), 71.6% want to go back to their previous national currencies, 71.5% of Greeks are in favour of vetoing Skopje’s (Vardarska’s) entrance to NATO and EU, Europeans are against the independence of Kosovo, and 86.1% of Greeks are against the marriage of homosexuals. (Various polls). Europeans are actually against this “anti-European creature”, the EU and against the acceptance of these illegal immigrants (Muslims) from Middle East and North Africa. But, dark powers have the opposite objective for the poor Europeans. 4 The main reasons, for unemployment in Europe, are the austerities, the illegal and uncontrolled immigration and also, the free mobility of factors, products, and services. Europe and especially, Greece are in trouble to lose their thousands years old identity with these millions of Muslims immigrants.

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fiscal austerity, imposed by the controlled EU and IMF (the Troika or Quartet), has made the recessions even deeper.5

The value-free, free-market system6 has failed and needs more government regulation and better corporate governance. Governments had to bailout a corrupted financial system and their banks, even when the budget deficits and the national debts are astronomical.7 But, they had no other option, except to “rob responsible Americans [and Europeans] and pay the robbers of the financial market”.8 Then, what are the social benefits? Why we need these global changes and “evolutions”, which are against humanity? The latest financial crisis (with a combination of large failures, costly bailouts, and deep recessions) might be able to change the perception of the social welfare effects of the thirty years of deregulation; but, the political leaders have no power to do anything. The Fed was instructed by Congress in 1977 to aim at “maximum employment” and “stable prices”, but it cares for price stability (Bernanke considered inflation target).9 Can we continue to hope with the current controlled leadership and the inhumane globalization?10 The answer is obvious, NO! The BRICS nations had not been affected by the latest global financial crisis, but the dark powers created other problems to them (i.e., Ukraine, reduction of the price of oil to $26.21/barrel,11 embargos, refugees, etc. to destroy their domestic economies). But, these global planners forget that there is God’s Providence, too.

II. The Threats against Orthodox Nations

The latest financial crisis had its origin (had been generated by the institutions) in the U.S. housing market. And this anticipated financial crisis together with the high debts and prices of energy and food (due to our lack of production and dependency on imports) brought the economy to a deep recession (severe unemployment). The failure of the unregulated large financial institutions increased the systemic [global systematic (markets)] risk and harmed other financial firms and finally, the real sector of the economy.12 Another important type of risk to 5 President Barak Obama worried about these austerities that the fragile world economy could slip back into recession as in the 1930s. He urged the G-20 leaders to continue some level of stimulative spending. (The Wall Street Journal, June 22, 2010, pp. A1 and A9). But, nothing happened because politicians have no power and so, the economies continue to be very fragile. 6 This free-market system has become the only “god” that the Western societies are worshiping (the “mammon”, µαµµωνᾶς). 7 The U.S. budget deficit for the 2008 was $455 billion and the national debt was $10,311 billion on October 15, 2008 and for the 2009 the deficit became $1,600 billion (11.2% of GDP); on October 29, 2009 the debt became $11,897 billion (91.42% of GDP). On August 12, 2010, the ND was $13,327.4 billion (100.84% of the GDP), and today (2/9/2016), it is $19,005 billion (115.59% of the GDP). See, Economagic.com. The Euro-zone debt is 92.9% of its GDP and Greece’s debt is 170% of her GDP. 8 Dr. Shannon Grimes in Tahlequah Daily Press, September 25, 2008. 9 The ECB, the Bank of England, and the Bank of Japan have only one explicit goal: price stability. See, David Wessel, In Fed we Trust, Crown Business, New York, N.Y., U.S.A., 2009, p. 86. 10 The demonstrations in Greece and in Europe are daily against the new social security system and its required enormous contributions by farmers and other professionals. The Greek, the French, the Belgian, and other farmers are in the streets and close the highways for weeks. The same is going on with the citizens, who oppose the “hot spot” of thousands of illegal (Muslims) immigrants in their neighbourhoods. (TV News MEGA, ALPHA, January-February 2016). 11 Bloomberg, February 11, 2016. 12 See, Bullard, James, Christopher J. Neely, and David C. Wheelock (2009), “Systemic Risk and the Financial Crisis: A Primer”, Review, Federal Reserve Bank of St. Louis, Vol. 91, No. 5, September/October, pp. 403-417. They call this risk as “systemic risk” (=the possibility that a triggering event, such as the failure of an individual firm, will seriously impair other firms or markets and harm the broader economy).

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the financial system has been the “counterparty risk”, which is the danger that a party to a financial contract will fail to live up to its obligations. Counterparty risk exists in large part because of asymmetric information. Individuals and firms know more about their own financial conditions and prospects than do other individuals, firms, and investors (i.e., investment banks that deal in complex financial contracts and the nature of risk they face is not obvious). The simple lay people do not know all these economic complexities (manipulations and “innovations”), which have been created to take advantage of them by the hawks of the market. And the worse is going on with the faithful anti-market Orthodox people, who put spiritual values above the market values.

The latest lack of liquidity (capital controls in Greece) has distractive negative, but rarely positive effects. One of the positive effects is that speculators using borrowed money were being forced out of the market. The problem with our speculators has been created with the low margin requirements, which is only 50%. To avoid this tremendous market risk, the margin requirements must be 100%. Regulations for the financial markets have to be revised and become pro-social and not pro-market and in favor of the institutions. Also, the SEC and the EU regulators must prohibit the short-selling.13 The anti-trust laws must be imposed on every firm. They cannot become giants and then, the governments have to bail them out with our money (tax payers’ money). The prices cannot be determined in the futures market. The price of oil became a weapon against the oil producers. It fell from $144/barrel (July 2008) to $26.21/barrel (February 11, 2016).14 Orthodox Russia is a major oil and gas producer and with the creation of the Ukraine crisis by the West, it is suffering with this economic war (embargos, reductions of its revenue and prohibition of creating a gas pipe line from Russia to Europe through Greece.

An increase oversight by the governments and the national central banks is needed, speculation must be curbed, and futures market has to be regulated because they affect the spot market with their outrageous scenarios and price manipulations. CEOs’ and Brussels bureaucrats’ salaries are provocative for our welfare and just societies; then, limits on executives and government officials pay are necessary. Transparency and accountability for mortgage-fraud or other greedy actions by executives is important for the public to start trusting the markets. Investment banks and exotic types of financial instruments must be regulated, as the other financial institutions. Countries, which care for the social welfare of their citizens have to control this global financial mafia. NATO found as excuse the Syrian illegal immigrants to start patrols in Aegean Sea15 to check the Russian navy that goes to Southeast Mediterranean Sea to protect Christians in Syria, who are massacred by the jihadists (the creation of the foolish West), the allies of Turkey.

13 The effort to quash short selling gained global momentum, as Australia, Taiwan, and the Netherlands announced restrictions. (The Wall Street Journal, September 22, 2008, pp. A1and C1). In the U.S. most market participants are against changing these rules on exotic types of financial instruments. Morgan Stanley CEO, John Mack, went on the offensive, lobbying for intervention and rule changes targeting short selling. (The Wall Street Journal, September 19, 2008, pp. A1and C3). One day later, the SEC said it will revise newly issued rules to curb short-selling, a move that caught participants off guard and prompted criticism. Nothing can be changed in the U.S. financial markets because today regulators were working for the financial market yesterday and this is their mentality, “free-market” and let the government find solutions for the country and the citizens (greediness and selfishness). (The Wall Street Journal, September 23, 2008, pp. A1and A3). 14 A reduction of its price by -81.30% in 7.5 years; -10.84% per annum. But, Greeks continue to pay the summer 2008 price, with all these taxes that Troika has imposed on the country. 15 TV News ALPHA, February 10, 2016.

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Countries have to be independent and sovereign;16 also, self-sufficient (even exercising protectionism for their domestic industries), promoting, first, the primary sector (agriculture),17 second, the secondary one (manufacture),18 and lastly, the tertiary sector (services). An economy (nation) specializing only in services (i.e., tourism) has no future. The country must produce more goods and services than are needed for domestic consumption and export the excess production. But, a domestic (national) currency is needed together with a domestic trade policy and central bank. The nation has to have a high saving rate, too (25% of the disposable income). The financial markets and the entire economy have to be controlled and every firm must comply with the socially imposed constraints. The ultimate objective of a country is maximization of its social welfare (minimization of the loss to society). We need a governmental intervention to support and regulate national banking systems and national investment banks, after the disappearance of all five corrupted international oligopolistic U.S. investment banks.19

16 All the Greek political parties that have made Greece a protectorate of the West have to be ousted from the power and the country. 17 Greek farmers are, currently, the hope for Greece because they act against the Quartet’s austerities, the high contributions to social security, and the enormous taxations. We expect that these pure countrymen will not cave in with the pressure from the anti-Greek SYRISA government. 18 The Greek manufacturing moved to Bulgaria, Skopje, and Turkey. This was the effect of the Euro-zone (and Troika’s) policies. 19 New York’s Lehman Brothers filed for bankruptcy; Merrill Lynch and Bear Stearns were bought by Bank of America and JP Morgan Chase, while Goldman Sachs Group and Morgan Stanley – formerly the two largest investment banks – restructured themselves into bank holding companies. (Minneapolis/St. Paul Business Journal, October 21, 2008). Vladimir Putin had made a very proper criticism for the “American” investment banking. The realignment created a new top list of largest investment banks - which is now led by St. Petersburg, Fla.-based Raymond James Financial. Jefferies & Co. is the second-largest firm now, followed by Greenhill & Co. (No. 3) and Keefe Bruyettte & Woods (No.4). Citigroup is a U.S. holding company formed in 1998 from the merger of Citicorp (itself a holding company incorporated in 1967) and Travelers Group, Inc. The $70 billion merger included one of the largest U.S. investment banks, Salomon Smith Barney Inc., and aimed at creating a global retail financial-services business. Citicorp, whose lineage can be traced to the First Bank of the United States, was noteworthy for its pioneering installation of automated teller machines throughout its branch offices in the 1970s. Before its merger with Travelers Group, Inc., Citicorp was the largest U.S. bank and one of the largest financial companies in the world, with about 3,000 branch offices worldwide. In March 2009, Citibank’s stock fell below $1 per share, but the bank was saved (bailed out). In 1988, when Credit Suisse took control of First Boston, the First Boston brand retained a prominent positioning as the investment banking operation was dubbed CS First Boston. In the mid 1990s, Credit Suisse initiated a comprehensive rebranding of First Boston in the United States. The CS First Boston investment bank was rebranded Credit Suisse First Boston, or "CSFB", worldwide. The terms Credit Suisse First Boston and CSFB are generally used to refer to the global investment bank, and not only the original London franchise. Credit Suisse retired the “First Boston” name from its investment banking business worldwide on January 16, 2006 in order to “allow Credit Suisse to communicate as an integrated organization to clients, employees and shareholders.” Now, we see Deutsche Bank, the most corrupted European bank to have a high probability for bankruptcy, which will cause a new European colapse of its banking system, as it happened in 1931 (the colapse of the Austrian banking system). See, http://blogs.wsj.com/riskandcompliance/2015/11/25/corruption-currents-deutsche-bank-settles-u-s-tax-evasion-probe/ Also, “German Finance Minister Schaeuble Has 'No Concerns' Over Deutsche Bank”, http://www.bloomberg.com/news/articles/2016-02-09/germany-s-schaeuble-says-he-has-no-concerns-over-deutsche-bank

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The U.S. economy has two major problems; overconsumption (underproduction and waste of resources) and lack of savings (dis-saving and borrowing or spendthrift20). These cause current account deficits, public and private debts, and capital account surpluses, which devaluate the U.S. dollar and affect negatively the financial markets, the interest rates, the national debt, the oil prices, the inflation, the employment, and the growth.21 European economies have five unbearable problems; lack of national central bank, lack of national currency, lack of domestic public policies, lack of national sovereignty, and consequently lack of any future. We must learn that we cannot live without liberty and beyond our means indefinitely. Actually, there is a vicious cycle in the controlled Euro-zone economies. This latest “planned” crisis started with high energy prices, it continued with a deteriorating housing sector, it followed with an ill-functioning financial market, it reached a slowing consumer and business spending, it deteriorated with Troika’s austerities (“internal devaluation”), and it ended to a severe recession (the first depression of the 21st century). The second one is designed, now, and soon will be imposed globally. In addition, Sachs22 said that “the United States should approach its foreign policy using ‘sustainable-development logic’ rather than relying on ‘militarized, us-versus-them, extremist-fundamentalism logic’”. Without an investment in sustainable development, without an increase in domestic production and reduction in imports, and without a pro-Americans policy,23 the U.S. will lose the competitiveness race, as it happened with Greece after the imposition of the German Euro24 by Costas Semites.

Thus, the global uncertainty, the deregulation of financial markets, the private monopolists (no one respects the anti-trust laws anymore), the corruption in business and politics, the illegal migration, the sell-off of the SOEs (public wealth), and the other domestic problems, due to globalization and integration are going to change our economic system (many economic laws do not hold anymore and we have to bail out all these untrustworthy banks) to “glob-onomics” or “shock-onomics” or “terr-onomics” (the current one) or “end-onomics” (the next last economic system on earth). The only prediction that we can do for the future, after the current worst global recession,25 is that this value-neutral economic system will be the last in our socio-economic history, except if we will decide to go back to a value oriented system and Greece to stay away from the anti-Greek West and its inhumane behavior. Greece as an Orthodox nation can be in union only with the other Orthodox nations. These corrupted people in financial markets and in 20 See, Kallianiotis, Ioannis N. (2007), “Economic Fundamentals, Expediency, or Naïve Speculation Caused the

Euro’s Overvaluation”, unpublished manuscript, University of Scranton, November, pages 44. 21 The U.S. GDP growth for the 4th quarter of 2015 was only 0.7%. Then, a new recession is highly probable. (http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm). 22 Sachs, Jeffrey (2008), “Common Wealth: Economics for a Crowded Planet”, Keynote Address at Harvard

University, Alumni Quarterly Colloquy, Summer, pp. 2-5. 23 Especially, the foreign American policy is completely anti-American and in favour of its “ally”, as President Ronald Reagan had said in 1985. 24 But, Margaret Thatcher said the followings about the “euro” and its imposition to poor Europeans: «Γιά µένα εἶναι τιµή ἡ ἀπόρριψίς µου ἀπό τήν Λέσχη Μπίντελµπεργκ. Ὅποιος δεχθῇ νά παραδώσῃ στήν Λέσχη τήν αὐτοκυριαρχία τῆς Χώρας του, εἶναι ἐκλεκτός, ἀλλιῶς ἀπορρίπτεται... Θέση τῆς Λέσχης εἶναι νά ὑποβαθµισθοῦν τά Ἔθνη καί νά ὑπάρξῃ µία Νέα Παγκόσµια Τάξη Πραγµάτων, ἀλλά θά ἀποτύχουν. Μέ παραµέρισαν γιατί ἀρνήθηκα νά παραδώσω τήν κυριαρχία τῆς Βρετανίας στήν Εὐρωπαϊκή Ἕνωση, πού ἀποτελεῖ τό ἀπαραίτητο βῆµα τῆς Λέσχης γιά τήν δηµιουργία µιᾶς Παγκόσµιας Κυβέρνησης.» [δήλωσις τῆς πρώην Πρωθυπουργοῦ τῆς Βρετανίας Margaret Thatcher εἰς τήν ἐφηµερίδα, The Spot Light, July 10, 1995]. See, Βοανεργές, Ἀρ. Τεύχους 45, Σεπτέµβριος-Ὀκτώβριος 2009, σ. 93.�25 We have to do something to right the sinking ship of the economy (as opposed to the Republican plan of letting it fix itself with a few tax cuts). The first priority are humans (citizens of the country) and then, the other secondary objectives (economic philosophies, international obligations, allies, agreements, etc.).

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Brussels (in the heterodox West) needs some knowledge in value-oriented welfare economics and business ethics.26 The current crisis was not an economic one, but a moral, ethical, and political crisis, which was expected by every prudent person after all these intentional “mistakes” that were made since 1960s in the West and since 1974 in Greece. Greece is a unique historic nation, as Hippokratis Dakoglou said, and has to stay with her value system without any influence from the “new age values” of the West.27

Undoubtedly, a country (i.e., Greece) to grow, develop, and exist must have an independent Central Bank, a domestic national currency, and an independent domestic public policy; otherwise, it is not a country (nation), but a protectorate, a German colony. Greece’s central bank could buy government and mortgage back securities from the commercial banks and supply to them credit (non-borrowing reserves). This liquidity can cover the withdrawal of deposits and also, there will be no need for recapitalization of the banks (by borrowing from Troika). These central bank’s reserves to the banks will be offered as loans to businesses and lines of credit to the government. Thus, the government has the money to pay salaries, pensions, and to make public investments without any anti-growth austerities. The private sector receives these loans and grows, too. This policy is a normal, expansionary national public policy. Greece has to pursue only this policy. The loans from Troika with the inhumane austerities (“internal devaluation”) and the sell-off of the SOEs (the wealth of the future generations) is the worst deception in Greece’s 7,000 years old history. With the current foreign control (memoranda), the country will go to deeper depressions every year until, it will be destroyed completely. This situation is the worse war against Greece because the corrupted politicians are signing the one memorandum after the other and they are not thinking of the liberation of the country from this economic war (German occupation). If this current war was a military invasion, the country would had resisted and soon or late, it would be liberated. Now, all the servile political parties (SYRIZA, PASOK, CENTRISTS, POTAMI, and NEW DEMOCRACY) have been submitted to dark powers without any resistance and they said shamelessly to the public that they offer services to the country and her citizens. All these parties have to be voted out of the Greek Parliament for the country to be saved.28

26 Business ethics are the company’s attitude and conduct toward its employees (safe working environment and job security, reasonable payment practices), its customers (safe products and good services), the community (protect the environment, provide employment, fair hiring practices and not reverse discrimination, community involvement, compliance with the laws and regulations), its stockholders (normal return and low risk, normal executive payments), and the nation (uncorrupted, engaged in national projects, employee benefit programs, and acting anti-cyclically). The father of the philosophy of Economics is Xenophon (434-355 B.C.), who has introduced this moral, ethical, and social discipline, Oeconomicos , from the words: oecos (οἶκος) = household and nemo (νέµω) = manage or distribute. This discipline ought to be improved with the new revealed knowledge (the Truth) and to minimize social problems and maximize social welfare. Unfortunately, what we did is exactly the opposite; we maximized social problems (uncertainty, financial distress, unemployment) and minimized social welfare (by pursuing a minority’s corrupted self-interest). � 27 See, Hippokratis Dakoglou, <<Ὁ ἄνθρωπος πού ἔσπασε τόν Κώδικα τοῦ Πυθαγόρα>>, http://www.e-grammes.gr/%CE%BF-%CE%AC%CE%BD%CE%B8%CF%81%CF%89%CF%80%CE%BF%CF%82-%CF%80%CE%BF%CF%85-%CE%AD%CF%83%CF%80%CE%B1%CF%83%CE%B5-%CF%84%CE%BF%CE%BD-%CE%BA%CF%8E%CE%B4%CE%B9%CE%BA%CE%B1-%CF%84%CE%BF%CF%85-%CF%80%CF%85%CE%B8%CE%B1%CE%B3%CF%8C%CF%81%CE%B1 28 Of course, Costas Semites and his entire cabinet and advisors that put Greece to Euro-zone, without referendum, must go to jail.

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III. Epilogue

We tried to give a small summary of the recent history and the political economy of the fallen West and of the oldest nation, member of the EU and EMU, the “chosen” nation, the historic and spiritual Greece. In this European integration and in the world economy, the interdependence is highly asymmetric and unfair, with substantial negative processes that work mainly to the detriment of most of the countries, especially the small and peculiar ones. The autarkic societies in the past had been led almost to success (at least in full employment, happiness, homogeneity, independence, safety, and security), but the current economic system with the competitive advantage and the loss of manufacturing, reduction in agriculture,29 and enormous debts is against self-sufficiency (autarky) and insensible to small businesses. It encourages interdependence (unilateral dependency), forces (imposes) free but unfair trade (based on competitive advantage, exploitation of labor, and dumping), sell-offs of state-own enterprises, and augments uncertainty for the future of this falling world. The first results were shown during the 2007-2011 financial crises, the deep recessions of 2009-2011, and the enormous social cost of unemployment, homelessness, and loss of wealth of 2011-2016. There is no need for someone to be an economist to understand these basic economic rules that countries in recession need expansionary public policies to grow and exit from the crisis or a historian to avoid the same mistakes of the past or a philosopher to conceive these social problems or a prophet to predict the future of our world, if we allow the current trend to continue.

Lastly, after 1974, the historic, economic, and social indicators reveal that Greece from a moral, ethical, just, spiritual, independent, and self-sufficient society, with the corrupted politicians in power and her European integration is becoming less and less competitive and more and more contaminated from all these foreign influences and the “new age” propaganda from the controlled media;30 and EU is becoming less friendly with its members (especially the small ones) and the rest of the world.31 European Union and Economic and Monetary Union (the forced integration of 28 and 19 nations, without referenda) proved that they are the worst “innovations” in human history. It is a mixture of twenty eight nations without domestic public 29 The simple, but wise Greek farmers were demonstrated, for three days in Syntagma Square in Athens, against EU’s old plans to devastate the Greek agriculture and stock-breeding. Greece needs an independent domestic policy without permitting the anti-Greek Europeans to intervene to Greece’s internal affairs. (TV News ALPHA and MEGA, February 12, 13, and 14, 2016). The best choice for people, today, is to go and live in their villages, as their grandfathers did. 30 See, David Rockefeller’s thankfulness towards the obedient media: «Εἴµαστε εὐγνώµονες στήν Washington Post, New York Times, Time Magazine καί σέ ἄλλες ἐκδόσεις, τῶν ὁποίων οἱ διευθυντές πῆραν µέρος στίς συναντήσεις µας καί σεβάστηκαν τίς ὑποσχέσεις τους διά διακριτικότητα, γιά περίπου σαράντα χρόνια. Θά ἦταν ἀδύνατο γιά µᾶς νά ἀναπτύξουµε τά σχέδιά µας γιά τόν κόσµο ἄν ἤµασταν κάτω ἀπό τά φῶτα τῆς δηµοσιότητος ὅλα αὐτά τά χρόνια. Ἀλλά ὁ κόσµος εἶναι πιό προχωρηµένος πλέον καί εἶναι ἕτοιµος νά βαδίσει πρός µία παγκόσµια κυβέρνηση. Ἡ ὑπερεθνική ὕπατη ἐξουσία ἀπό µία τάξι ἐκλεκτῶν διανοουµένων καί ἀπό τίς διεθνεῖς τράπεζες εἶναι σίγουρα προτιµότερη ἀπό τόν ἐθνικό αὐτοπροσδιορισµό πού ἐφαρµόζονταν τούς προηγουµένους αἰῶνες.» (David Rockefeller). 31 Europe was the biggest Christian continent in the world (“the Christendom”) and is declining daily; because it became completely heretic and atheist. Greece was the biggest spiritual power (the mother of all Orthodox nations) on earth and is descending daily. Thanks to God that her Orthodox daughter, Russia, is holding strongly its Byzantine (Medieval Greek) values. We must grieve for the plight of these European “Christians”, who are against the Orthodox Christians and some people (the world’s planners) are responsible for these wrong behaviours of the West. The problem must be the bad and controlled leadership in these two “model” entities.

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policies, without self-determination, without sovereignty, and of course, without any future. All these strange evolutions have increase the global uncertainty, have caused unemployment and recessions in EU and depression in Greece; have reduced competitiveness, and have augment anxiety and health problems (thousands of suicides) to citizens. The free-market system has failed and needs more government regulation and better corporate governance (big firms do not pay taxes).32 Governments had to bailout a corrupted financial system, especially when the budget deficits and the national debts are unsustainable. Then, what are the social benefits of our socio-economic system? Why we need these global changes, “innovations”, and “evolutions”, which are against humanity? What are the social benefits of the European Union and the EMU? This planned economic crisis is very suspicious because it is only against the orthodox Greece; other conflicts exist against the Christians in Syria, and embargos against the protector of Orthodox, the spiritual Russia.33 The current indicators reveal that dark powers are getting ready to impose the 2nd global financial crisis, which will be deeper than the 1st one. Greece has to leave the Euro-zone before the creeping new global crisis; otherwise the country cannot be able to survive. It is a pity, the Greek politicians to have lost completely their dignity and become puppets of the dark powers.

32 See, “Big majority says GE, other firms aren’t paying fair share of taxes”, Rochester Business Journal, April 15, 2011. http://www.rbj.net/article.asp?aID=187266. In Greece, this tax avoidance is very common from the “golden era of PASOK” (the inventors of διαπλοκῆς). 33 Ὁ Ἱπποκράτης Δάκογλου, «Ὁ ἄνθρωπος πού ἔσπασε τόν Κώδικα τοῦ Πυθαγόρα», said, when he was asked: (1) Οἱ ξένοι σᾶς ἔχουν προσεγγίσει γιά νά τούς ἐξηγήσετε τό ἔργο σας; Μόνο οἱ Ρῶσοι ἔχουν καταλάβει. Ἀπό αὐτή τήν χώρα ἔχω λάβει πάµπολλες τιµές. (2) Τί εἶναι οἱ Ἕλληνες κατά τήν γνώµη σας; Θεϊκή σπορά. Ἀκατάβλητο ἔθνος. Ἡ πατρίδα µας δέν θά πεθάνει ποτέ. Εἶναι ἤδη ἀνίκητη, ἀλλά αὐτό εἶναι µία ἄλλη, µεγάλη καί κάπως σύνθετη κουβέντα.