…comrades, remember thermopylae!…Posted: 2015-07-05
…history restores national pride and dignity – against neoliberalism…
Something of a long and inspiring read. Rigorous analysis and, well, forceful language.
From this analysis, we can, unlike the US John McCain and his ‘We are all Georgians’ nonsense, declare, ‘We are all Greeks!’ The diatribe against the forces of economic enslavement demands forceful language, and the writer, Steve Randy Waldmann, does not disappoint, not at all, with, Greece. A sampler,
…In the run up to Greece’s joining the Euro, everyone who wanted to know knew that Greece’s qualifications to join the Eurozone were, shall we say, ambitious. Mainstream establishment banks “helped” Greece and other Southern European countries with accounting fudges that, while perhaps obscure, were not secret even at the time. Despite protestations when these deals hit the news in 2010 that officials were “shocked, shocked”, they were explicitly blessed by the agency that compiles the statistics on which Eurozone entrance was based in 2002 and Greece’s gaming was extensively reported in 2003 (ht Heidi Moore, both cites).
The charts illustrate the serial fallibility, and severe cost to citizens, of the infallible institutional analysts.
It is a creditor’s world, especially where there is the power of the international institutions (re-enforced by the US, the UK, or the EU) to ensure client’s (and agents’) satisfaction. But the worm may now be turning. And for their part, both Simon Wren-Lewis and Paul Kkrugman have been withering in their recent posts, even if not as Waldmann.
…will the people of greece repel and scatter these ruthless hordes of neoliberalism, and sow chaos in their midst?…