Showing posts with label IMF. Show all posts
Showing posts with label IMF. Show all posts

Wednesday, 13 July 2011

Mounting Evidence that Dominique Strauss Kahn was Framed

http://www.globalresearch.ca/index.php?context=va&aid=25533

Debtocracy

An auditing of who a country owes it's debt to seems a compelling argument. Especially when the austerity measures including cuts to health and social spending mean that the country's own people die so that offshore bankers get paid. Bankers and international financiers who lent money in the first place with interest that reflected the riskiness of the loan.
Often, as in the case of Greece, debts were built up based on dodgy accounting and bribes. Not done by the people but by a small group of corrupt politicians and lobbyists.
This documentery, called Debtocracy, is well worth watching. It looks at Ecuador as an example of how to audit debt and reduce what is owed by discounting odious or illegitimate debt.

Tuesday, 28 June 2011

Just what are those Greek austerity measures?

Interesting breakdown of what life on the ground is like in Greece. Although it doesn't go into personal income tax rates.

https://aleksandreia.wordpress.com/2011/06/23/just-what-are-those-greek-austerity-measures/

Greece - D Day

From Graham Summer's Market Forecast:
However, the facts remain the same. The world is awash in garbage debt. The only reason the banks and others haven’t taken the “hit” that they NEED to take is because they’ve bought out the politicians. Put another way, we are seeing clearly that the two primary principles of the West (capitalism and democracy) have both become jokes: alleged “capitalists” like the banks don’t ever actually see losses for mistakes and “democratically elected” leaders are in fact owned outright by the banks via donations/ bribes.