With the possibility of Greece leaving the West finally being acknowledged, we ought to also acknowledge that it was predictable.
Here is a headline from the Financial Times: “Washington fears losing Greece to Moscow.”
Throughout the prolonged showdown between Greece and its creditors, the Obama administration has largely sat on the sidelines, issuing the occasional warning about the potential economic impact of a default.
But with Greece now on the verge of bankruptcy, the US is also beginning to worry about the political fallout from a deeper crisis and the potential for Russia to gain increased influence over a Nato member.
This is as much of a head-scratcher as a headline saying: “Abusive husband fears wife will leave him for another man.”
There was never an honest concern about Greece as long as they played the game, took on unserviceable amounts of debt, and kept the gravy train rolling for Western banks. But, now that the perverse game is about up, all of a sudden we’re worried about Vladimir Putin enticing away the cow we’ve been milking.
When the powerful abuse weaker partners long enough, they tend to get careless in the orgiastic fog of their debauchery. When they least expect it, their prey surprises them with a lead pipe across the forehead. Western banks are on the brink of a severe bleeding, and at some point their accomplices in government won’t be able to save them before they bleed out.
Though the West has richly earned the lead pipe, it’s sad that Greece is turning to another partner who will only use and abuse her.