Globalists fear Greek exit could torpedo single currency
Paul Joseph Watson
Wednesday, May 30, 2012
President of the European Council Herman Van Rompuy will join fellow elitists at the 2012 Bilderberg conference this week to discuss the collapsing euro and how the Greek debt crisis threatens to unravel the quest for a European federal superstate.
According to veteran Bilderberg sleuth Jim Tucker, Van Rompuy will be joined by former president of the European Central Bank Jean-Claude Trichet to wargame with other Bilderberg members on how to handle a potential Greek exit from the single currency system.
Van Rompuy’s presence at Bilderberg is particularly noteworthy given the fact that the Belgian attended a dinner organized by the Bilderberg Group in Brussels where he met with top Bilderberg steering committee members just days before he was announced as EU president back in 2009.
Van Rompuy held discussions with Bilderberg chairman Étienne Davignon, who earlier the same year had bragged to the EU Observer about how the Euro single currency was a brainchild of the Bilderberg Group. Van Rompuy also had a meeting with lifelong Bilderberg member Henry Kissinger.
In a recent Financial Times piece written by Arvind Subramanian, a Senior Fellow at the Peter G. Peterson Institute for International Economics, which counts amongst its directors numerous influential Bilderberg members, including former Federal Reserve chairman Paul Volcker, former United States Treasury Secretary Lawrence Summers, and Bilderberg kingpin David Rockefeller, the elite’s true concerns over a ‘Grexit’ are perfectly encapsulated.
“Suppose that by mid-2013 Greece’s economy is recovering, while the rest of the eurozone remains in recession. The effect on austerity-addled Spain, Portugal and even Italy would be powerful. Voters there would not fail to notice the improving condition of their hitherto scorned Greek neighbour. They would start to ask why their own governments should not follow the Greek path and voice a preference for leaving the eurozone. In other words, the Greek experience could fundamentally alter the incentives for these countries to remain in the eurozone, especially if economic conditions remained grim,” writes Subramanian, adding that Greece’s potential exit “may prove an infectious model” and lead to the demise of “the eurozone and perhaps for the European project.”
- A d v e r t i s e m e n t
The euro crisis has been a key talking point at each of the last three Bilderberg meetings. In both 2010 and 2011, political consensus formed by Bilderberg members was enough to keep the euro on life support for another 12 months each time, and the same globalists will once again try and hammer out a strategy behind closed doors that will provide redemption for their cherished pet project.
Jim Tucker’s inside source also told him that the prospect of a war with Iran would again be a topic of this year’s confab.
According to Tucker, Bilderberg members will be convening in the west wing of the Westfields Marriott Washington Dulles hotel.
Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show and Infowars Nightly News.