Rabu, 07 Desember 2011

Europe’s Transition From Social Democracy to Oligarchy


From New Economic Perspectives, DECEMBER 07, 2011By Michael HudsonThis article was first published by Frankfurter Allgemeine Zeitung, Dec. 3, 2011, as “Der Krieg der Banken gegen das Volk.”


The easiest way to understand Europe’s financial crisis is to look at the solutions being proposed to resolve it. They are a banker’s dream, a grab bag of giveaways that few voters would be likely to
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