Brit Dee, Contributor
A note found on Mr Christoulas's body explicitly confirmed that his suicide was a desperate response to the life of poverty he faced, due to EU- and IMF-imposed "austerity measures" that had caused his standard of living to plummet.
“The collaborationist Tsolakoglou government has nullified any chance of my survival which was based on a decent salary that for 35 years I alone (without state support) paid for.
Since my advanced age does not allow me a way of a dynamic reaction (although if a fellow Greek was to grab a Kalashnikov, I would be the second after him), I see no other solution than this dignified end to my life, so I don’t find myself fishing through garbage cans for my sustenance.
I believe that young people with no future, will one day take up arms and hang the traitors of this country at Syntagma square, just like the Italians did to Mussolini in 1945 (Piazza Loreto in Milan).
Pensions and benefits have been cut by up to 25%, salaries and public services slashed, whilst taxes have been raised and unemployment is high, as the Greek people are made to suffer for debts incurred following years of complicity between corrupt officials and global loan sharks like the IMF.
Diseases including HIV and malaria have reportedly risen sharply in Greece due to the collapse of the economy, and police data suggests the suicide rate has increased by 20% in the last two years.
That we are seeing hardship and unrest in many countries is unsurprising, considering that deprivation and "the IMF riot" are written into the very plans of the global financial elite.
THE FIRST STEP:
This involves the privatization of a nation's industries, with which corrupt politicians are often all too keenly complicit, due to the lucrative commissions on offer.
This is "capital market liberalization", when speculative foreign investment capital flows into the country in real estate and currency, but can as rapidly be withdrawn at the first sign of trouble.
Then, "to seduce speculators into returning a nation's own capital funds, the IMF demands these nations raise interest rates to 30%, 50% and 80%", which has the effect of slashing property values and industrial production, and draining national treasuries.
The IMF then implements step three: "market-based pricing", effectively raising the price of food, water, gas and other essential commodities. As reported by Palast:This leads, predictably, to Step-Three-and-a-Half: what Stiglitz calls 'the IMF riot'. The IMF riot is painfully predictable. When a nation is, 'down and out, [the IMF] squeezes the last drop of blood out of them. They turn up the heat until, finally, the whole cauldron blows up,'You'd almost believe the riot was expected. And it is. What Stiglitz did not know is that Newsnight obtained several documents from inside the World Bank. In one, last year's Interim Country Assistance Strategy for Ecuador, the Bank several times suggests ~ with cold accuracy ~ that the plans could be expected to spark 'social unrest'.
Such riots cause a flight of capital and government bankruptcy, meaning the country's remaining assets can be picked off at absurdly cheap prices by foreign investors; there are always "lots of losers but the clear winners seem to be the western banks and US Treasury".
This is WTO-, IMF- and World Bank-dictated "free trade", where global corporations move in to monopolize the newly opened markets.
The "IMF riot": coming soon to a town near you.
This article first appeared at Resistance Radio.
Brit Dee runs an independent online radio station called Resistance Radio, which broadcasts daily news, views and analysis challenging the lies of our corrupt political and financial leaders, and the controlled corporate media, at http://www.resistradio.com.