After WikiLeaks Revelation, Greece Asks I.M.F. To Clarify Bailout Plan

If you&#x27;re interested in Greece and how they&#x27;ve been screwed b the ECB, I recommend a video[1] I posted[2] a few days ago. It&#x27;s a discussion from about a month ago with Mark Blyth (prof econ at Brown) and the former Minister of Finance Yanis Varoufakis. They discuss &quot;negotiating&quot; with the ECB, brexit, and the &quot;least worst&quot; ways to save the EU.<p>[1] <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=iMk6aVsl8Rs#t=66" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=iMk6aVsl8Rs#t=66</a><p>[2] <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=11398625" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=11398625</a><p>(If you think Greece&#x27;s economic situation is anything other than a bailout for the major banks of the EU, then you haven&#x27;t been paying attention)

<a href="https:&#x2F;&#x2F;wikileaks.org&#x2F;imf-internal-20160319&#x2F;" rel="nofollow">https:&#x2F;&#x2F;wikileaks.org&#x2F;imf-internal-20160319&#x2F;</a>

tldr: International organizations refuse to take responsibility for the failure of the measures they imposed, but in the fear of BREXIT in June postpone GREXIT after July. In the mean time every party blames the others, leaking information to the press.

Tsipras&#x27; response to the leak:<p><a href="https:&#x2F;&#x2F;twitter.com&#x2F;wikileaks&#x2F;status&#x2F;716400800499679232" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;wikileaks&#x2F;status&#x2F;716400800499679232</a><p>Mostly the Greeks take offense to the IMF, per Bloomberg [1], &quot;considering a plan to cause a credit event in Greece and destabilize Europe.&quot;<p>Also: &quot;Acc to #IMF leak, conf call was held March 19, when Velculescu was still in Athens, Hilton Hotel. Makes you wonder if Hilton is bugged.&quot; [2]<p>[1]<a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2016-04-02&#x2F;imf-discussed-pressuring-germany-on-greek-debt-wikileaks-says" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2016-04-02&#x2F;imf-discus...</a><p>[2] <a href="https:&#x2F;&#x2F;twitter.com&#x2F;YanniKouts&#x2F;status&#x2F;716226465910665216" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;YanniKouts&#x2F;status&#x2F;716226465910665216</a>

I really wonder what would have happened if Yannis Varoufakis had had his way and a Greek default had happened last year.<p>Like I have literally no clue, but some part of me wonders if it would have been better than the drawn out mess that was sure to ensue once bailout was agreed upon.

I think the bigger question to be raised is whether or not spying on all parties involved in diplomatic or fiscal &quot;negotiations&quot; is an activity that the free world should be partaking in

Greece actually wants the IMF to leave, but i&#x27;m pretty sure that&#x27;s not a good idea. Not sure if this &quot;leak&quot; is of any big surprise to anyone.

Can anyone explain to me why it is in the IMF&#x27;s interest to see Greece, and as a result the EU, collapse? They spread to want to bankrupt Greece, but truly don&#x27;t understand the logic.

i have to say. i actually have some respect for the greek people putting up with the shinanigans tsipras, that clown, is pulling off.

Greece is right, it should follow the steps of Ecuador or Iceland since the debt does not seem to be legit.