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.
June 6, 2026
Financial terrorism by bankers put Greece in the noose. Who is next?
- By Thomas H. Greco, Jr.
- 2 Comments
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Thomas H. Greco, Jr.
Thomas H. Greco, Jr. is an independent scholar, educator, writer, networker, and consultant, and a leading expert in monetary theory and history, credit clearing systems, complementary currencies, and community economic development.
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2 Responses
Were these governments compelled to put themselves into debt? Nope. Just bad management, and likely corruption (putting money in their own pockets.)
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.