Alexrpt — Obama is pressing Merkel to find a Greek debt solution out of fear that a Grexit will lead Greece to pivot towards the Eurasian bloc

The Obama administration is pressing EU leaders, and specifically German Chancellor Angela Merkel to find a compromise in the Greek debt crisis. Washington fears that a Grexit may lead the Hellenic Republic to pivot out of the western sphere of influence and jump into the Eurasian future.…

The Financial Times is reporting that the Obama administration is actively pushing EU leaders to find a compromise with Athens, as fear grows that a Grexit could not only damage the global economy, but also reshape the geo-politics of the region. 

FT makes the case that American and European leaders are deeply concerned that Greece’s exit from the monetary union can lead to a geo-political balance shift that places Greece firmly in the Eurasian camp, alongside Russia and China. 

The Greek pivot would undoubtedly lead Cyprus, and perhaps other EU nations, to re-examine the benefits that the EU offers, weighed against the austerity, and on-the-ground misery that Europe’s rule brings.…

Unintended consequences of austerity. Losing allies who conclude that neoliberalism sucks.

Red Pill Times
Obama is pressing Merkel to find a Greek debt solution out of fear that a Grexit will lead Greece to pivot towards the Eurasian bloc

Alexrpt