Right now, Greece’s economy has completely
collapsed. The country has lost it's national sovereignty, and as a
result, they are massively in debt to the international loan sharks.
Greece simply has no money to pay back their loans as the current
austerity measures constrict the economy, meaning there is no way to
generate the revenue needed to make principle repayments. At best,
Greece can only keep up with the interest on their debt, and will remain
forever a tributary state to the European criminal Union.
Does Greece have a hope of rebuilding
their economy? Not under the current crony capitalist system that works
hand in hand with a bloated public sector, effectively leaving Greece a
non-producing banana republic. The economy must be rebuilt, and only by a
Social-Nationalist economy that strives for Autarchy, that puts the
interests of the country first and foremost.
Right now Greece has no economy, because there is basically no primary production. How did this happen?
Greece's economic downfall
1967-1974: Greece, under
the Nationalist Junta government, built it's economy around self
sufficiency. This is a period when Greece was known as 'the construction
zone', due to the large scale infrastructure projects around the
country (roads, bridges, tunnels, power grids, hydroelectricity, etc).
In addition to creating jobs for the construction industry, the
infrastructure also allowed for Greece's rapidly growing manufacturing
industry.
Factories in Greece produced a broad range
of products from ships, cars, small boats, consumer goods, trains, and
almost everything that the Greek people needed. Farmers where provided
good incentives and cheap loans to expand their produce, providing
enough food to feed the entire country. Greece was almost entirely
self-sufficient, and did not depend on the global economy for it's own
natural growth.
1974-1984: The Junta is
forcibly removed, and Greece begins integrating into the union that
would eventually become the EU. As part of Greece's entry into the
prosperous 'Western European' bloc, they need to step in line with the
new continental economic model. Self-reliant economies are considered
backwards and inefficient, and Greece is no longer able to produce all
the manufacturing goods or agricultural products it once did.
Moving forward, Greece will now be reliant
on the EU nations for it's economic prosperity, provided they start to
purchase goods from other member states, rather than produce their own.
Under this new model, olive farmers can not setup new initiatives in
Greece, otherwise they will be fined. Instead, a country like Spain is
responsible for olive oil, and Greece will need to purchase the oil from
Spain. The same applies for Greece's auto industry, as German made
Mercedes & BMWs are soon destined for Greek markets while Greek made
cars are slowly phased out.
With the tarrifs and quotas removed,
slowly, Greeks begin to purchase German and other European products,
while the PASOK government begins to ramp up it's criminal unions to
shut down Greece's manufacturing sector. In return for Greece's
compliance with the new economic model, they are provided with access to
cheap credit.
1984-1996: New Democracy
and PASOK react to Greece's de-indsutrialisation, as the manufacturing
jobs created under the junta begin to disappear, potentially leaving
millions unemployed in the near future. Taking a page from PASOK's book
in the early 80s, the 2 establishment parties begin to use the cheap
credit from the European Banks to fund a massive public sector.
The majority of these jobs are essentially
useless bureaucratic roles, designed to keep those close to the
politicians in high paying positions with extremely lucrative benefits.
Greece's private sector now becomes more reliant on the tourism
industry, despite it's inconsistent and seasonal nature. The income
generated from the private sector is not enough to fund the overgrown
public sector, so the 2 parties continue to take out more loans while
high on cheap interest rates.
The new public sector in Greece creates an
entirely artificial middle class that never existed in the country
before, almost overnight. With no real production happening, and very
little real work being done, Greeks get a taste of Western
cosmopolitanism, but few ask where the money is coming from, or weather
or not this is sustainable.
1996-2004: Greece begins
it's preparation for the 2004 Athens Olympics, and the now EU is happy
to keep the cheap money flooding into Greece. This time, they demand the
money be spent on infrastructure, a much neglected area of the Greek
economy since the fall of the Junta.
Greece now begins it's preparation for the
Olympics, and new roads, trains, buildings & bridges are in the
plans. Now that more borrowed money is flooding into Greece than ever
before, German and other European companies move into Greece to steal
their share of the loot. Massive scandals and bribes take place,
including Siemens, Dailmer, Deutsche Bahn, & Rhinemetall, all found
in court years later of being involved in corruption with the Greek
government for their cut of the dirty money.
Illegal immigrants begin to flood Greece,
but the politicians assure everyone they are only here to assist with
the construction work, and will leave once the work dries up after the
Olympics. This is despite the fact unemployment reaches over 10%, the
public sector begins to show signs of bursting at the seams.
2004 - 2008: Millions and
millions of Euros disappear from the country, and some of the
infrastructure plans in Greece where found to be grossly over priced for
what was paid. The global economy is on a high, and the Greek middle
class continues to spend like there is no tomorrow. The previous
introduction of the Euro in replacement of the Greek Drachma takes its
toll on the working class, and the struggling economy begins to
experience high unemployment for those outside the public sector.
People are finally starting to question
the government on how they plan to repay all this money, considering so
much of it was siphoned overseas and spent foolishly on projects that
should never have costed as much as they did. The PASOK government
assured everyone that all is fine, and that 'there is money'.
2008 - present: The GFC
forced interest rates to hike, meaning the cheap credit Greece once
ennobled was no longer available. With Greece unable to pay its debts at
the new interest rate, the country begun its rapid collapse while
falling mercy to its creditors.
Surrendering our national sovereignty, the
traitors of PASOK, New Democracy and now Syriza signed away our nation
in order to secure bailout money to keep Greece afloat. The austerity
measures that came as part of the bailout begin to cripple the economy
even further, plunging the unemployment rate over 25%. Greece's economy
is now being suffocated, leaving them with no way of ever paying back
the debt.
The Vicious cycle
1. When a country produces nothing, there are no real jobs for the people
2. With no jobs, there is no money to be spent
3. When people can’t spend, there is no economy
What builds an economy? Primary
Production. Take a look at the wealthy countries that became economic
powerhouses during the 20th century, such as the USA, UK, Australia,
West Germany and Japan for example, and the reason their economy grew,
and they became the land of milk and honey that could feed their
population ample times over. In addition to their strong agricultural
base, these countries also had large manufacturing industries,
such as:
-
Auto manufacturing, (Ford, General Motors, Chrysler, Nissan, Toyota, Merc, BMW etc),
-
Weapons factories (Lockheed Martin, BAE Systems, Northrop Grumman, Raytheon)
-
Textile production (Adidas, Nike, Reebok, Everlast, Champion, Levi etc)
- FMCG, (Pepsi, Colgate, Sanitarium, Goodman Fielder) .
These manufacturing industries not only
created factory & warehouse jobs for the workers, but ample support
roles along with them. If you have a large enough factory, you then need
backend office support; think Payroll, Accounting, HR, Admin, etc. If
you get enough workers in any one spot, you can think of hospitality and
other services that they can make use while at work. Now insurance and
banking operations are needed to finance and provide liability for the
production, and more jobs are created. You see what’s happening here?
There is a flow on effect. 1 simple large factory, creates not only
factory jobs, but supporting roles and surrounding businesses as well.
Right now, Greece doesn't have much of a manufacturing base. This is why there are limited jobs, as the majority
of what they consume is produced outside the Greece. They are a nation
of consumers, not savers, and not producers. That’s why over 50% of
young people in Greece are unemployed without a future, with little hope in Greece's constricted & subjugated state.
Currently, in the EU, there is a free
trade agreement between member states. The purpose here is to keep the
producing states producing, while leaving the rest of continent to
remain as satellite states, constantly in a state of subjugated receivership. Realistically, Greece has no chance of creating new
brands, such as clothing or cars products, as they would have to compete
against already popular, well known German brands. These German
products are coming into Greece at a very cheap price, as there are no tariffs on imports to protect Greek producers. The solution to this? In
line with Golden Dawn’s official policy, we need to administer a
national policy of economic protection, and rebuild our primary
production.
Simple measures such as tariffs, quotas,
and reclaiming our national currency, can allow Greece the breathing
space it needs to rebuild it's manufacturing base. By investing in our
agricultural industry, Greece can not only feed itself, but provide cost
effective incentives to local producers to keep them in work. By
rebuilding our manufacturing arm, Greek workers can find well paying
jobs producing the much needed goods our economy needs to fill the void
when EU imports are no longer flooding our markets. The benefit of being
self sufficient also means that Greece is no longer vulnerable to
volatile and unpredictable global markets, meaning we can secure our
economic future free of what happens outside of our nation.
The current Greek politicians of ND,
PASOK, and SYRIZA, are there for their own careers and pockets, which
means serving their banking masters, and the EU Bureaucrats at the
expense of Greece. They don’t care about rebuilding the Greek economy,
they are only interested in paying interest to the international loan
sharks, in order to remain in their positions of power. They are taking
out a bank loan (with interest), to pay off another bank loan (with
interest rates), to than pay off another loan (with interest). In other
words, they’ll forever be paying loan after loan, a vicious cycle the
Greeks can’t afford as their living standards plummet further into the
abyss.
This is like someone with no money getting
a credit card loan (with interest rates) to pay off another credit
card. This simply doesn’t work. We’ll simply go further into debt,
without any prospect of ever getting out of this economic strangle hold.
The challenges that Face the West
Unlike Greece, the USA and Australia for
example still have some manufacturing industries that remain, despite
the massive outsourcing that has taken place since the late 1970s. These
few remaining producers are still leaving Australia and the USA at an
alarming rate, and moving to Asia, in particular China, because of the
cheaper labour costs for those companies – meaning higher profits for
the capitalists. In addition to the fiat currency being used to fund a
massive and bloated welfare state, these economies are in for a potential disaster.
Regardless of which school of thought
mainstream politicians reside on, both the left and the right is
committed to free trade, despite the nuances of how they wish to justify
it:
-
Centre Right Politicians: Like Malcom Turnball's Liberal party, they sign free trade agreements, to appease their corporate fat cat mates, (who are often the party donors). The ideology that is sold to the working classes is that they can hope to catch the additional crumbs generated when a large company expands it's profits by moving jobs to China.
-
Centre Left Politicians: Like Bill Shorten’s Labor Party, the left support free trade agreements because they believe in the leftist idea of, “a world with no borders”, despite the fact they to get kickbacks from large corporations to bring the overseas multi-nationals in. They ideology sold here to the masses is that economic liberalisation will create jobs for domestic workers, which in the case of Greece, results in university educated men packing bags at Aldi, while they funnel profits back to Germany.
What’s the result of American and
Australian companies moving their manufacturing and service/tech jobs to
China & India? Take a good look at Greece, and remember that former
US congressman Ron Paul has warned repeatedly that many 'developed' western economies are not that different to Greece, meaning they could all share a similar fate in the very near future.
Just take a look at the facts, and next time a free-trade liberal tries to convince you that opening our borders to 3rd
world rackets and their sweat shops is a good idea, remind them how much better things
where during the era of Australian protectionism. Yes, they'll tell you
the early 1970s where a horrible time, when we still had the dreaded
White Australia Policy, which prevented us enjoying cultural enrichment
from Middle Eastern immigrants, as well as the fact homosexuality was
still illegal.
What they usually neglect to mention that
working class people could still afford homes all on one man's wage, as
well as free university and a guaranteed pension at 65. We are the first
generation to decline in wealth from the baby boomers, while free trade and the abolishment of protectionism has only made the gap between the rich and the poor wider, benefiting only the capitalist elite at the expense of working class families.
Greece is proving to be a glimpse of the
future for many developed countries, as we may soon be destined to a
similar economic path here in the West. Fortunately, the nationalist
movement in Greece is also a glimpse of the future, and the type of
reaction the Liberal/Labour kleptocrats can expect should they chose to
strangle the White working class any further.
The only solution to Greece is Golden Dawn.
Αίμα Kai Τιμή - Χρυσή Αυγή
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