It is currently Sat Aug 30, 2014 1:13 pm

All times are UTC - 4 hours [ DST ]




Post new topic Reply to topic  [ 1 post ] 
Author Message
 Post subject: Europe's New Road to Serfdom
PostPosted: Sun Jun 05, 2011 11:56 am 
Offline
SuperMember!
SuperMember!

Joined: Thu Mar 24, 2005 1:48 am
Posts: 3610
Trichet Threatens Greece with Iron Heel

By MICHAEL HUDSON

Greece and Ireland have become the litmus test for whether economies will be sacrificed in attempts to pay debts that [>] cannot be paid.

An interregnum is threatened during which the road [>] to default and permanent austerity will carve out more and more land and public enterprises from the public domain, divert more and more consumer income to pay debt service and taxes for governments to pay bondholders, and more business income to pay the bankers.

If this is not war, what is?

http://www.counterpunch.org/hudson06032011.html


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1 post ] 

All times are UTC - 4 hours [ DST ]


Who is online

Users browsing this forum: Exabot [Bot], Yahoo [Bot] and 4 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
cron
Blue Moon by Trent © 2007
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group