Greece4

This will be my last comment on Greece for awhile.  It’s time to move on.

In my view, it was a mistake for the prime minister to force Varoufakis’ resignation.  I thought he had executed his strategy brilliantly right up until his last public comment wherein, following the referendum, he made Greece’s problem Europe’s problem: “‘No’ is a big `yes’ to democratic Europe,” he said, “It’s a no to the vision of Europe an infinite cage for its people. It is a loud yes to the vision of the Eurozone as a common area of prosperity and social justice.” (Look to American history and how the states’ debts were handled by the new federal government following the Revolution with Hamilton at Treasury.  Quite a different strategy from the one Europe is executing.)

Varoufakis’ Sunday statement was probably the final straw and what brought down the collective wrath of Europe’s guiding lights.  It appears the EU/IMF/ECB made Varoufakis dismissal a prerequisite for new talks.  In my view, Varoufakis had them in his sights and Tsipras is letting them go. . . . . One man’s opinion.

The result might have been difficult for Greece, but no route for Greece will be a safe or easy one.  For Greece, leaving the euro – monetary sovereignty – remains the best option.  It would join a group of ten nation states within the EU that has its own currency including the United Kingdom, Sweden, Denmark, Switzerland and Poland.  Why hasn’t that option been discussed seriously?  All the talk I’ve seen revolves around a complete split from the Union or outright expulsion.  Is that really necessary?

We shall see how the talks proceed and how the Greek government does without him.  Keep in mind, that Varoufakis is as far from me politically as one can get, so I am not defending him from an ideological point of view. I think, as he says, he did what he thought was right for the Greek people and he was oh so close to getting it done.  He might be back if Greece decides to go it alone. . . . .

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