THE BIG EURO/IMF SCAM • by John Kountouris

THE BIG EURO/IMF SCAM • by John Kountouris 



By John Kountouris
Main website:
July 2, 2015

For the definitive work on the Greek economic crisis, see my book, HELLENIC CRISIS!  Click here


This article was written originally in Greek by me and was a front page article in the Greek newspaper, ELEUTHERI ORA (Ελεύθερη Ώρα), which is one of the biggest papers in Greece. For the Greek version of this article, click here.  Here I present to you this article in English…

Screen Shot 2015-11-22 at 6.02.41 AM.png

Interim nonpartisan Prime Minister of Greece, Xenophon Zelotas, before the IMF on 9/26/1957 said the following strange statement* about the need for economic “synergezation” among European countries when he stated the following:

“Our critical problems such as the numismatic plethora generate some agony and melancholy. This phenomenon is characteristic of our epoch. But, to my thesis, we have the dynamism to program therapeutic practices as a prophylaxis from chaos and catastrophe. In parallel, a pan ethnic unhypocritical economic synergy and harmonization in a democratic climate is basic.”

QUESTION: What was Mr. Zelotas’ purpose for saying this before the IMF in ’57? It sounded a little ominous if you tell me! I stumbled across this quote by Zelotas while reading a Greek junior high school text book which makes you wonder what kind of messages the Greek educational system is passing on to Greek children.
The IMF’s involvement with the creation of the Euro as a means to control other nation’s economies and destinies is my main premise here…and this is a wake-up call for both the Greek people and the peoples of Europe to the fact that they have all been suckered by the institutions of Europe–who serve big capital/big banking interests straight out of the Crown of London (THE ROTHCHILDS!)–who have as a goal, a STATED GOAL, to merge all of Europe together under one economy, one constitution and one…LEADER thus fulfilling their planetary side of…THE NEW WORLD ORDER…so bear with me hear and allow me to elaborate a bit here…

[#GregPalast, #GregPalastIMF, #RobertMuddle]

Greg is the author of multiple books on IMF takeover of countries, was a journalist for ABC News, BBC news and is an expert on what’s REALLY going on during this world economic crisis. In the year 2002, remember, BBC reporter, Greg Palast, had leaked secret documents to press outlets worldwide from one of the IMF’s and World Bank’s meetings in which it described EXACTLY what is going on now.

According to Palast, he interviewed the man who paved the way for the Euro currency, Robert Muddle, a Nobel Prize-winning Canadian economist and the founder of Supply Side Economics, who explained to Palast the REAL reason for the Euro. Muddle tells Palast that…

–The creation of the Euro was NOT about creating a strong Europe
–The IMF ENGINEERS economic crises and gets nations in heavy debt ON PURPOSE
–Once the IMF goes into a country to handle its economic troubles, these nations would no longer have control over their own fiscal fate
–Countries would have no control over their fiscal fate and would be stuck competing against each other by reducing services provided by the government so as to keep cheapening their work forces
–The nations within Europe, as a result of taking the Euro, are to become more…IMPOTENT economically speaking
ENTER JOHN PERKINS…who describes the “benevolent” nature of the IMF…

[#JohnPerkins, #ConfessionsofanEconomicHitMan]

Former CIA Economic hit man John Perkins in his best seller book, Confessions of an Economic Hit Man (2004), speaks about how the IMF goes into third world countries and offers loans to these countries to countries in order to “build them up.” The trade off here is that these countries must pledge their natural resources to multinational companies that deal with the IMF as a trade-off and collateral on the debt that they would owe to the IMF. Those countries’ leaders that would dare disagree with the IMF simply… GET ELIMINATED.

Now there is this long-standing brewing issue that Greece could just solve ALL their financial woes by utilizing all their natural resources (minerals, petroleum, methane gas and much other) by just going and drilling for them.  In 2012 the big Greek TV channel ANTENNA did a huge report on how WikiLeaks had leaked to the international press at that time secret documents obtained by the hacker group Anonymous which they had pilfered from the intelligence brokering company Stratfor which were from exchanges between the Greek government some big US oil companies about the fact Greece’s subsoil is rife with natural resources that.  So I guess the question then here would be:  SO WHY HASN’T GREECE BEEN ABOUT TO GO AND DRILL FOR THESE RESOURCES YET?…


The IMF for the past 5+ years has been handling Greece’s financial situation with the European Central Bank (ECB) and the European Commission (EC), all of which make up what we call the Troika in Europe, and that to the DETRIMENT of the Greek people.  My point is is that the whole world know knows what a FAILURE this whole “Memorandum” bailout plan for Greece has been.  What’s interesting, though, is that NO ONE from the media, Greek government or the European Union has once brought up the facts that  Greece was one of the FOUNDING MEMBERS of the IMF back in 1945.  Greek journalists Ioannis Papazisis and Makis Vrachiolidis co-wrote (in Greek) a very revealing article** on this which here I shall translate and cite:

– Greece was one of the founding members of the IMF back in 1945
– In 1945, by mandatory Royal Decree, Greece was forced to pay $40 million for the founding of the IMF
– Today it is ILLEGAL for Greece to be forced to lend at at least 2% from the IMF which, of course, is a benefaction when considering how much the ECB charges us! (up to 14%)
– The fact that Greece is a founding member of the IMF should make Greece’s from the IMF should be @ 0.15% and that according to the agreement that was drawn up at that time between the IMF and its founding nations

Former Greek PM Kostas Simitis and the Greece’s Adoption of the Euro

[#GreekPMKostasSimitis, #KostasSimitsEuro]

Anyone who understands at least the gist of how this Greek economic crisis started will know that it dates back to around 1999 whereupon the then Greek government was paving the way–albeit surreptitiously–for Greece to enter into the Eurozone (EZ) in order to acquire the Euro as its currency thus replacing the age-long Drachma which dates back to ancient times. Greece acquiring the Euro and the manner in which it did it really is what caused Greece’s financial situation to start getting out of hand; we are talking about a period of around 11 years (1999-2010) leading up to the onset of the economic fallout in Greece. When many in Greece thought that the Euro would bring “economic progress” and a “boost” to the Greek economy, little did they know what would be awaiting them years down the road, and all of this started with a modern-day…EFIALTES (Greek, Εφιάλτης, the traitor Spartan who gave away the 300 Spartans’ coordinates to the Persians during the Battle of Thermopylae): The then Greek PM, KOSTAS SIMITIS.

It all started when Kostas Simitis–seen below here in 2002 when Greece first acquired the Euro with another EFIALTES, Lucas Papademos, who was the interim BANKSTER  Greek PM in 2012 who allowed the Greek banks to buy up toxic Greek bonds from German, France and Holland only to they make these banks take a HAIRCUT which hurt Greece’s financial situation even more!–made a secret currency swap with Goldman Sachs which enabled Greece to enter the Eurozone.

Here’s how it all started…

A shocking confession was made in late November 2013 by the vice president of Goldman Sachs, Michael Sherwood, concerning Goldman Sachs involvement in the onset of Greece’s crisis back in 2001 which is the crux of the matter. Speaking in an interview with Channel 4 of British television which was later officially posted to their website, Sherwood ADMITTED to Goldman Sach’s disastrous currency swap it secretly designed for Greece in order to help it meet the financial requirements required by Brussel’s statistical office for any nation to enter into the Eurozone and thus adopt the Euro as its new currency. Amazingly, the top financial news website Bloomberg*** reported on this confession by Sherwood on November 21, 2013 and even got into the conspiratorial details of how this swap took place. Here below I republish excepts from this article in bullet form (highlights are mine):

  • Goldman Sachs Group Inc. Vice Chairman Michael S. Sherwood said his firm would refuse another deal like the derivative it sold Greece that masked the nation’s growing debt to help it meet European Union standards:

“We absolutely wouldn’t do a transaction like that today,” Sherwood, 48, said in an interview posted on Channel 4’s website yesterday in London. “There have been transactions of that ilk that have been presented to us by other European
sovereigns that we’ve turned down because we felt there wasn’t the appropriate transparency surrounding them.”

  • Goldman Sachs sold Greece a derivative in 2001 that disguised a loan, helping the nation meet EU targets. The deal later cost Greece billions of euros and the nation’s deteriorating finances prompted multiple bailouts from the EU in the wake of the financial crisis.

  • The Greek government owed about 600 million euros ($808 million) more than the 2.8 billion euros it borrowed on the day the deal was struck, and Goldman Sachs persuaded Greece not to test the deal with competitors, Spyros Papanicolaou, who took over the country’s debt-management agency in 2005, said last year. Goldman Sachs wasn’t accused of wrongdoing related to the transaction.

  • Goldman Sachs has sought to burnish its reputation after being sued by the U.S. Securities and Exchange Commission for misleading investors on a 2007 sale of a mortgage-linked investment called Abacus 2007-AC1. J. Michael Evans and E. Gerald Corrigan, 72, led a business-standards committee that was set up in 2010 to review the firm’s policies and practices.

Kostas Simitis along with other Greek officials were involved in a criminal conspiracy against the Greek people by allowing Goldman Sachs, a criminal investment bank, who played a major catastrophic role in the 2008 economic fallout in the US (and got away scot free without prosecution), to profit off of the this catastrophic swap deal at the expense of the Greek people and their nation. Simitis, during his term as Greek PM, NOT ONCE announced to the Greek public his intentions on masking portions of the then Greek debt with dubious/illegal means so as to be able to get Greece into the Eurozone.

For all those out there who believe in this “dream” of the total integration of Europe, I have one simple question:  DO WE PERHAPS EVEN KNOW WHY THE EUROPEAN UNION AND EUROZONE WERE CREATED IN THE FIRST PLACE AND WHAT THE RAMIFICATIONS OF THIS ARE?  It was/is intended to destroy the national sovereignties of all the nations of Europe along with their economies and…IDENTITIES through the institution of a singular system of government control out of Brussels (who’s symbol is the TOWER OF BABEL) along with a singular economic structure and currency.  THIS SOUNDS LIKE THE INSTITUTION OF NEW WORLD ORDER TYRANNY TO ME!

I don’t know about you, but all I know is that with the Drachma Greece THRIVED and everything was just fine up until the Euro became Greece leading currency.  I remember how in the begging of 2002 where upon Greece adopted the Euro how mass INFLATION set in across the board all over Greece.  Let me give you a simple example.   Year 2001: a coffee in Greece costs somewhere around 300 Drachmas which was equivalent to less than $1.  Year 2002 and on: a coffee cost around 2 € (at least $2).  Just do that simple math here.  Everyone in Greece remembers and talks about the time of prosperity Greece had with the Drachma, irrespective of what we all believe about the Euro Zone and the Euro currency.


Of course there aways those moments of sincerity that get “leaked” to the public where the powers that be have the unction to for once tell the truth about what’s…REALLY going on thus confirming and validating all those… “CONSPIRACY THEORISTS.”  See the following graph below issued by the IMF itself on the real cost of the Euro for both Greece and other member nations which just says it all:

Screen Shot 2015-11-22 at 6.05.40 AM.png

In view of the above information, my last question that I’d like to pose to all those Greeks and Europeans out there that want the Greek people to vote “YES” during this upcoming referendum in Greece is: Are we perhaps suffering from…STOCKHOLM SYNDROME HERE???

–Greek economist and interim non-party Prime Minister of Greece, Xenophon Zelotas, before the IMF on 9/26/1957 as found in pg. 9 of “The Ancient Greek Language” published for the Greek Junior high school system in Greece of the Greek Ministry of Education with the following question posed to the Greek
students reading this quote “What was Mr. Zelotas’ purpose for saying this before the IMF in 1957?”
–Greek journalists Ioannis Papazisis and Makis Vrachiolidis in their article titled “REVELATION: THIS IS HOW WE WILL DELETE THE GREEK DEBT, MR. TSIPRAS: REVEALING DOCUMENTS EXPOSING GREECE’S EUROPEAN PARTNERS AND THE IMF,” March 1, 2015 | Link:
–”Goldman Would Refuse Another Greece Swap, Sherwood Says” by Michael J Moore, 4:38 PM PST, November 21, 2013 | Link:

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