The International Monetary Fund has been at odds with other partners in the Greek bailout saga. Its economists have wondered whether strangling a state with the noose of austerity is a decent way of either eliminating debt, let alone stimulating growth. Not that the body has gone entirely anti-austerity.
Are we seeing history repeat itself?
The post Former Finance Minister Compares Current Financial Crisis to Great Depression appeared first on The Anti-Media.
By Steve Church | Dissident Voice | February 11, 2016 So, superstar Yanis Varoufakis is inaugurating his new outfit, DiEM25, the other day in Berlin, at the Volksbühne theatre, calling for the democratization of the European Union. What?, you say. Isn’t the EU already democratic? It is if you think the United States is a […]
So, superstar Yanis Varoufakis is inaugurating his new outfit, DiEM25, the other day in Berlin, at the Volksbühne theatre, calling for the democratization of the European Union. What?, you say. Isn’t the EU already democratic?
It is if you think the United States is a democracy. The US was one of the prime movers behind the creation of the EU. And if you don’t believe me, read Circus Politicus (Deloire and Dubois, Albin Michel, 2012).
The Rally involving Yanis was immensely successful in moving the debate about austerity forward into a discussion about how we can not only oppose the attack on our welfare state, but as importantly, how we can create the society we need… a tremendous achievement.”
— Shadow Chancellor John McDonnell
Why is so little hope growing among so many riches?
— Yanis Varoufakis
My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.
— The Godfather (1972)
“My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.” […]
The Greek people’s efforts to end the economic depression, recover their sovereignty and reverse the regressive socio-economic policies, which have drastically reduced living standards, have been thrice denied.
On July 16 this year protests erupted outside Greek parliament as lawmakers were approving further harsh austerity plan in exchange for a third European bailout. Greek Prime Minister Alexis Tsipras won by 229 votes to 64 while 32 members of his own Syriza party voted against the measures, including his ex-finance minister Yanis Varoufakis.
The vote took place after a fiery debate when Tsipras energetically defended his stand under threat of resignation.
By John Halle | Outrages and Interludes | July 16, 2015 That Syriza has made mistakes isn’t in dispute: they themselves have admitted to two main ones. 1) They failed to recognize, despite early warnings from party members such as Costas Lapavistas, that the EU was negotiating in bad faith. The EU’s intention was never to […]
