Krugman: Upnice želijo zlomiti Grčijo

I’ve been staying fairly quiet on Greece, not wanting to shout Grexit in a crowded theater. But given reports from the negotiations in Brussels, something must be said — namely, what do the creditors, and in particular the IMF, think they’re doing?

This ought to be a negotiation about targets for the primary surplus, and then about debt relief that heads off endless future crises. And the Greek government has agreed to what are actually fairly high surplus targets, especially given the fact that the budget would be in huge primary surplus if the economy weren’t so depressed. But the creditors keep rejecting Greek proposals on the grounds that they rely too much on taxes and not enough on spending cuts. So we’re still in the business of dictating domestic policy.

The supposed reason for the rejection of a tax-based response is that it will hurt growth. The obvious response is, are you kidding us? The people who utterly failed to see the damage austerity would do — see the chart, which compares the projections in the 2010 standby agreement with reality — are now lecturing others on growth? Furthermore, the growth concerns are all supply-side, in an economy surely operating at least 20 percent below capacity.

Talk to IMF people and they will go on about the impossibility of dealing with Syriza, their annoyance at the grandstanding, and so on. But we’re not in high school here. And right now it’s the creditors, much more than the Greeks, who keep moving the goalposts. So what is happening? Is the goal to break Syriza? Is it to force Greece into a presumably disastrous default, to encourage the others?

At this point it’s time to stop talking about “Graccident”; if Grexit happens it will be because the creditors, or at least the IMF, wanted it to happen.

Vir: Paul Krugman, New York Times

En odgovor

  1. Vsaj na zunaj se res vse bolj zdi, da končni cilj upnikov ni le dogovor, ampak politični zlom Sirize in preprečitev tveganj, da Grčija zdrsne v objem Rusije ali Kitajske. Naštevam le nekaj dejstev:

    – še leta 2012 je IMF v pogajanjih z Grčijo veljal za najbolj zmernega člana trojke, kar so znali povedati tudi takratni grški pogajalci (link spodaj). Danes je IMF kolovodja prestrogih zahtev:

    https://www.dnevnik.si/1042705833/ljudje/intervjuji/verjamem-da-se-bo-nasla-resitev-za-dolznisko-krizo

    – zavlačevanje s pogajanji zmanjšuje ne gre na roko Sirizi. Ne le zato, ker gre za precej heterogena politična zmes, ampak tudi zato, ker je svojo priložnost spet začutila Nova demokracija Antonisa Samarasa. Ta druge stranke poziva k nacionalnemu konsenzu, iz česar je mogoče domnevati, da je ob padcu Sirize v ozadju v pripravljenosti že tehnična vlada. Seveda s pomembno vlogo skrajno desne Zlate zore, ki je – kako prikladno za EU – najbolj sovražno nastrojena do imigrantov.

    – tu se je kot daljnovidna pokazala odločitev Ciprasa, da gre v koalicijo z zmerno desno stranko ANEL, ki zastopa interese grških ladjarjev. Ta namreč še bolj kot Siriza nasprotuje zadnjim različicam dogovora.

    – iz zadnje različice predloga upnikov res ni nikjer razvidno, kako naj bi Grčija sploh ustvarila kakršno koli rast. Ravno nasprotno, zaradi dodatne zadušitve že tako skromne potrošnje peha Grčijo do novega dna in problem dejansko prelaga le za nekaj mesecev. Ko mogoče Sirize v Atenah ne bo več …

    p.s.: Jože, čestitke za izvrstne analize dogajanja v Grčiji in nalivanja čistega vina!

    Všeč mi je