It isn’t just the Greeks, or the Cypriots, or the Irish, or the Icelanders suffering the price of financial terrorism – the extractive demands of global central banks on display in Greece are actively draining the marrow of impoverished communities the world over. Ellen speaks with author and expert Stephen Lendman about the financial powers […]
The bizarre attempt to have me indicted me on… treason charges, allegedly for conspiring to push Greece out of the Eurozone, reflects something much broader. It reflects a determined effort to de-legitimise our five-month long (25th January to 5th July … Continue reading →
Richard Koo sent me recently his latest, Nomura, assessment on Greece and our negotiations with the EU and the IMF. As always, Richard’s views make for fascinating reading. Here is the pdf copy that he has made available to us.Filed … Continue reading →
Varoufakis is an exception to the norm precisely because he really believes in representative democracy. (Click here for the opendemocracy.net site) Over the past few months the world has witnessed the short career of a Greek government vainly endeavouring to … Continue reading →
Interviewed by Mariano Alonso and Luis Martin of the TRUMAN FACTOR.Filed under: European Crisis, Greek Crisis, Post-MinFin missives
Human life is of no concern to corporate capitalists. The suffering of the Greeks, like the suffering of ordinary Americans, is very good for the profit margins of financial institutions such as Goldman Sachs. It was, after all, Goldman Sachs—which shoved subprime mortgages down the throats of families it knew could never pay the loans back, sold the subprime mortgages as investments to pension funds and then bet against them—that orchestrated complex financial agreements with Greece.
For the Project Syndicate site click here. Or… ATHENS – On July 12, the summit of eurozone leaders dictated its terms of surrender to Greek Prime Minister Alexis Tsipras, who, terrified by the alternatives, accepted all of them. One of … Continue reading →
Why I voted NO In an article which was published on Saturday in EfSyn, the former Finance Minister, Y.Varoufakis attempts to explain the reasons why he voted ΄no΄ to the “prior actions” deal that the government brought to the parliament. … Continue reading →
On 15th July 2015 Die Zeit published this piece. Here is the original English language version. The reason five months of negotiations between Greece and Europe led to impasse is that Dr Schäuble was determined that they would. By the … Continue reading →
Prime Minister Alexis Tsipras has pushed through parliament a proposal to cut at least 13 billion euros from the public purse - 4 billion euros more than the "austerity" figure rejected overwhelmingly by the majority of the Greek population in a referendum on 5 July.
The post The problem of Greece is not only a tragedy. It is a lie. appeared first on BSNEWS.
