Globalists fear Greece could exit single currency and stage a miraculous economic recovery
Source: Paul Joseph Watson
The Bilderberg Group is terrified that Greece’s potential exit from the eurozone could lead to a dramatic economic recovery and provide a template for other countries to follow suit, threatening to torpedo the euro single currency and the entire agenda for a European federal superstate.
One of the primary discussion topics at this year’s upcoming Bilderberg Group meeting in Chantilly, Virginia will revolve around how the elite plan to address the issue that threatens to bring their agenda for global governance crashing down – the euro crisis.
The increasing threat of Greece abandoning its promise to honor draconian bailout terms agreed with Brussels and Berlin last night led German chancellor Angela Merkel to acknowledge for the first time that Greece could exit the euro, a likelihood that has sent the single currency along with financial markets plunging in recent days.
The euro crisis is now at its most severe point in history, outstripping similar crisis points which coincidentally also occurred just before the annual Bilderberg Group meetings in 2010 and 2011.
On both of those occasions, political consensus formed by Bilderberg members was enough to keep the euro on life support for another 12 months each time, and the same globalists will once again try and hammer out a strategy behind closed doors that will provide redemption for their cherished pet project.
In 2010, “the future of the euro” took center stage in Spain as Spanish Prime Minister Luis Rodriguez Zapatero was joined by numerous financial heavyweights to try and solve the crisis as Bilderberg members panicked about the possible collapse of the single currency.
A year later during the 2011 meeting in St. Moritz, Switzerland, the euro crisis was again at the top of Bilderberg’s agenda as globalists expressed fears that the demise of the single currency could also torpedo hopes to create multi-regional currencies.
Bilderberg is terrified not only that Greece will exit the euro, but that in doing so it will go on to see a massive economic rebound and become an example for other eurozone countries to follow the same course.
This fear is exemplified in a piece appearing today in Bilderberg-controlled newspaper the Financial Times entitled Greece’s exit may become the euro’s envy.
“Expelled from the eurozone, Greece might prove more dangerous to the system than it ever was inside it – by providing a model of successful recovery,” writes Arvind Subramanian.
Subramanian is a Senior Fellow at the Peter G. Peterson Institute for International Economics, which counts amongst its directors numerous influential Bilderberg members, including former Federal Reserve chairman Paul Volcker, former United States Treasury Secretary Lawrence Summers, and Bilderberg kingpin David Rockefeller.
“Suppose that by mid-2013 Greece’s economy is recovering, while the rest of the eurozone remains in recession. The effect on austerity-addled Spain, Portugal and even Italy would be powerful. Voters there would not fail to notice the improving condition of their hitherto scorned Greek neighbour. They would start to ask why their own governments should not follow the Greek path and voice a preference for leaving the eurozone. In other words, the Greek experience could fundamentally alter the incentives for these countries to remain in the eurozone, especially if economic conditions remained grim,” writes Subramanian, adding that Greece’s potential exit “may prove an infectious model” and lead to the demise of “the eurozone and perhaps for the European project.”
Bilderberg is so desperate to save the euro because it represents the entire foundation of their global financial agenda to create regional currencies and carefully-managed bureaucratic federations on the same model as the European Union.
If the euro is proven to be a failure, the prospect of achieving the ultimate goal of a global currency is dead for at least the next 100 years.
In addition, Bilderberg cherishes the single currency because it’s their baby.
Bilderberg-chairman Étienne Davignon bragged that Bilderberg helped create the euro by first introducing the policy agenda for a single currency in the early 1990′s, which was later formalized into the 1992 Maastricht Treaty.
However, the very first discussions about creating a single currency took place decades beforehand at the 1955 Bilderberg meeting in Garmisch-Partenkirchen, West Germany.
Leaked documents divulge how Bilderberg elitists discussed “The necessity to bring the German people into a common European market as quickly as possible,” adding that the future was in danger without a “United Europe”.
This agenda included “the need to achieve a common currency,” as well as the creation of a “central political authority.”
Given the fact that the euro was at least five decades in the making, don’t expect the global elite to give up on it without a fight. The euro crisis will take center stage at Bilderberg 2012 as members attempt to manufacture consensus for a committed effort to redeem the single currency once again.