Greece

Thoughts on Money and Debt as Seen from Main Street

We suspected it was a scam all along.  The whole money and debt thing.  I mean, how much sense does it make for any government to hand over money creation to a group of private individuals who then lend it back to their own government and earn interest (in other words, do nothing other than collect a kind of rent) on something that, more or less, doesn’t even exist?  Dire Straits got it right about the “Money for nothin’ ” thing.

James Petras: Imperialism Cannot Be Trusted to Abide by Its Agreements

Fars News Agency – July 9, 2016 Dr. James Petras who has been alongside three outstanding leaders of the world – Chile’s late Salvador Allende, Venezuela’s late Hugo Chavez and Greece’s late Andreas Papandreou – as an advisor warns that the United States and other imperialist powers should never be trusted. The following is a […]

What Next After Brexit?

The main changes I do expect from Brexit are a long overdue material shift in the power balance away from London and its elite and back to the once working class regions of the UK. These have been the victims of a globalisation that, when it was first championed by Thatcher and then Blair, was supposed to have either no victims at all, or “losers” who could be easily compensated by the “winners”.
The post What Next After Brexit? appeared first on BSNEWS.