Related Greece Votes NO – Let The Chaos Begin…
For other Globalist Agenda Watch updates click here. For More BRICS updates click here.
– Justin
As we head into the two-day BRICS Summit tomorrow, there are some questions weighing on the minds of many people: Will Greek Prime Minister Tsipras attend? Will he request aid? Will Greece join the BRICS Bank? And if they do, will it happen immediately or will they have to wait a while? Let’s consider these questions in light of an RT article which came out today…
A reader sent me a link to this RT piece in which a Putin aide attempts to throw cold water on the Greece/BRICS Bank scenario. Here are some excerpts worth examining…
>>> “There has been speculation in the media that Greece may apply for accession to the New Development Bank. We know of these assumptions, but so far no one has officially discussed such an option with us,” Yury Ushakov, President Putin’s aide, said. <<<
Take careful note of the words Ushakov used here. He didn’t say “no one has discussed such an option”; he said “no one has officially discussed such an option.” If you were throwing a surprise party for someone, would you plan it openly and officially, or would you plan it discreetly and unofficially?
Note also that he said “no one has officially discussed such an option with us [the Russians]”; he didn’t say “no one has officially discussed such an option with anyone [in the BRICS].” We already know that Tsipras met with the head of the BRICS Bank in St. Petersburg a few weeks ago, so was their meeting considered “official” or “unofficial”? And if they weren’t talking about aid and membership for Greeece, what were they talking about? Baklava recipes?
>>> The NDB is just launching its operations, Ushakov noted, and it still has to “set out its priorities and start to function.”
“And it certainly won’t start its operations with Greece,” Ushakov added, pointing out that the NBD has “its own tasks and challenges to deal with.”
The issue of Greece is going to be discussed anyway, but not in the context of its accession to the NDB “even in the long term,” the presidential aid said.
The BRICS’ New Development Bank has an initial capital of $50 billion and is believed to have triggered a major reshape of the Western-dominated financial system. The NDB is expected to be up and running by the end of the year. <<<
So the issue of Greece’s accession to the NDB won’t be discussed, eh? Is that because Greece hasn’t yet “officially” made such a request? If Tsipras attends the BRICS Summit and submits such a request, what will happen then? And RT is being a bit disingenuous when it says “the NDB is expected to be up and running by the end of the year.” According to other reports cited in my previous updates, the NDB launch process begins today, and it will have its $100 billion Contingency Fund in place by the end of this month. I don’t yet know the status of its $50 billion in starting Development Capital, but I would guess it’ll be ready at about the same time as the Contingency Fund. This raises the possibility that Greece might have to wait a few weeks before getting any money (unless the Russians slip them some as a pipeline advance).
All this brings us back to the orderly and disorderly switchover scenarios I outlined in Update 54. The orderly scenario is…
> Tsipras goes to the BRICS Summit, makes an official request for aid and/or membership, and gets immediate help in rebooting the Greek economy with the drachma.
But now I can see that the disorderly scenario actually comes in two variations…
> Tsipras goes to the BRICS Summit, makes an official request for aid and/or membership, but has to wait a few weeks until the NDB’s funds are all in place. This could create a scenario in which the Eurozone might attempt to sabotage the Greeks by pulling all Emergency Liquidity Assistance from their banks. Chaos would ensue and Panos Kammenos (the pro-Russian Defense Minister) would step forward to restore order and complete the BRICS switchover.
> Tsipras fails to close the deal with either the Eurozone or the BRICS. Chaos ensues and Kammenos steps up.
For the previous updates from this series, click here.
With love…
_________
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