Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they have been bullied for too long and are saying “no more.” A return to the polls […]
William K. Black, author of The Best Way to Rob a Bank Is to Own One, teaches economics and law at the University of Missouri Kansas City (UMKC). Says Black: The media has failed to report on the causes and possible solutions for Europe’s deflating economy.
As things stand, the banks are the permanent government of the country, whichever party is in power.
– Lord Skidelsky, House of Lords, UK Parliament, 31 March 2011)
