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no more banksters

(395 posts)
Thu May 5, 2016, 12:24 PM May 2016

Totally confirmed: The bailouts have saved the banksters not Greece

?fter six years of orchestrated destruction of the Greek economy through the IMF recipe, a new report came to confirm without any doubt what many already knew: that the bailout packages for Greece were directed exclusively to the banksters to save them from the economic Armageddon that came from the US in 2008 to hit eurozone.

The aid programs were badly designed by Greece’s lenders, the European Central Bank, the Europe Union and the International Monetary Fund. Their priority, the report says, was to save not the Greek people, but its banks and private creditors.

... for the first time, the Berlin-based ESMT has compiled a detailed calculation over 24 pages. Their economists looked at every individual loan instalment and examined where the money from the first two aid packages, amounting to €215.9 billion, actually went. Researchers found that only €9.7 billion, or less than 5 percent of the total, ended up in the Greek state budget, where it could benefit citizens directly. The rest was used to service old debts and interest payments.


http://failedevolution.blogspot.gr/2016/05/totally-confirmed-bailouts-have-saved.html

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Totally confirmed: The bailouts have saved the banksters not Greece (Original Post) no more banksters May 2016 OP
No! Don't tell me that. I'm not sure how many shocks I can survive in one day. merrily May 2016 #1
Bankers are the scourge of humankiind FlatBaroque May 2016 #2

FlatBaroque

(3,160 posts)
2. Bankers are the scourge of humankiind
Thu May 5, 2016, 02:38 PM
May 2016

and private money creation is the tool with which they impose debt slavery on people and and nations. The problem has been diagnosed, the cure is plain to see, but the medicine still seems too bitter.

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