So last week in European media, there has been a great deal of discussion about the “Greece” Bailout. I’m not sure how much play this news is getting in the U.S., but I think it’s probably not getting as much play as it should. I am also not sure how much attention this theme is getting in “other dimensional” media (among spiritualists and those gearing up for the Ascension).
The Quick and Dirty
I am no economist, nor am I a financial specialist, but I do believe some things don’t require a degree for complete understanding. Here’s the skinny as I have understood it: the European Union (EU) gave Greece a massive loan and Greece missed its first deadline: June 30. Mind you, Greece has been warning her lenders, the EU and the International Monetary Fund (IMF), that payment wouldn’t be forthcoming. The talks leading up to the now-lapsed payment date were basically a standoff, with Greece saying she couldn’t pay and wanted an extension along with new terms and the EU (mainly Germany and France) saying, “fork it over”.
100% of Zero Euro is still Zero
The whole scene is reminiscent, not of big Summit “negotiations”, but rather a kindergarten playground argument. (“Give me back my cupcake!” countered with, “I can’t, I already ate it.”)
If the absurdity of such “negotiations” didn’t strike you last month, surely it’s beginning to show its true face now that the deadline has lapsed. Some parties are willing to discuss an extension (funny, since the extension is already now in play) and others are talking complete relief (no payment) for Greece. The whole gammut.
Could “the People” Save the Day with IndieGogo?
Then, there’s this 29-year-old in England who hatched up an IndieGoGo campaign to raise the 1.6 Bn Euro for Greece and help her make good on her loan. And he’s gotten quite a bit of press on this side of the Atlantic. The short version of his premise is basically, if every resident in the EU donated the equivalent of the price of a Greek Salad (about 7 Euro), we could raise the 1.6 Bn Euro that Greece needs to pay back the loan.
How “Small” are the Little People?
This got me thinking about the 5th Dimension concept of “fair and transparent” wealth distribution along the following points:
It takes the control and manipulation of the inter-governmental banking system out of the hands of elite politicians and puts it directly in the hands of the people.
In my opinion, for too long, “the people” have sat back and allowed the elite to “take care of” the money. But at what cost? While they may consider themselves to be free to work the jobs they want, they are still slaves to their income and the income taxes that come with it (or worse, they are slaves to the “promise of the potential to have their own income”!) — only to learn that for the taxes they have paid, the roads aren’t being paved as smoothly as they could be, the schools are implementing programs to turn children into Pavlovian automatons, and the money is not being managed as it should be, because let’s look at the evidence as demonstrated by Greece:
– Unemployment in Greece last month was as high as ever/always. Those who still have jobs and continue to live there have had to reduce their income by about 70 percent. Many have emigrated to other EU countries, and many more are considering it.
– If there are Greeks who are lucky enough to have some money in the bank, they were punished for their government’s mishandling of its funds. Banks shuttered their doors to their customers and nationwide placed a 60 Euro per day limit on their residents’ withdrawal limit.
Because — let’s consider this carefully — Greece took a loan because it needed funding to presumably pump back into her economy, so that her economy could experience a boost and raise the funds to pay back her loan. And, yet, over all these years, it seems that the benefit to the Greek people has been, well, has their really been a benefit to receiving this loan?
So, My Point Is…
Seeing the IndieGogo campaign had me thinking that this really would be an interesting solution — not so much because it would help Greek politicians save face at the EU negotiating table, but more so because I think it would embolden people — regular people — to better understand their role / our role in the world economy.
Money / Currency has only the power we attribute to it.