Financial terrorism by bankers put Greece in the noose. Who is next?

Max Keiser interviews a Greek economist who explains how an artificial crisis was created  by banks and institutions to force Greece to accept IMF conditions. It is a pattern that is being repeated over and over.

2 responses to “Financial terrorism by bankers put Greece in the noose. Who is next?

  1. Were these governments compelled to put themselves into debt? Nope. Just bad management, and likely corruption (putting money in their own pockets.)

    Like

    • Sure, that’s been the usual pattern in “developing” countries, but for the US and Europe it’s a matter of keeping the debt-money system going. Debt must grow over time because of the built in usury/interest in the way money is created. Government becomes the “borrower of last resort” to keep the money supply pumped up.

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.