Greece: the transnational elite's

Of course, this alternative solution does not mean, as the elites and their media say in order to terrorize people, that the State would stop paying salaries and pensions, apart from confiscating their deposits. I dealt with the issue of deposits above but as regards pensions and salaries, it should be made clear that if the state declares default this does not mean that it would cease fulfilling its obligations to everybody else apart from its creditors. The state would simply stop paying the billions it owes to foreign and local creditors, until they are forced to pay the debt ― whose they were the main, if not the exclusive beneficiaries. The above conditions will simply secure the welfare of the people during the transition period to the repayment of the debt and at the same time they would create the preconditions for a self-reliant development that would abolish for ever the need of lending from the market sharks, which has led to the present conversion of Greece into a protectorate of the transnational elite.