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In reply to the discussion: Joseph Stiglitz to Greece’s Creditors: Abandon Austerity Or Face Global Fallout [View all]Edit history
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Joseph Stiglitz to Greece’s Creditors: Abandon Austerity Or Face Global Fallout [View all]
IDemo
Jun 2015
OP
If 'private central banking' is failing, then so is capitalism, as the two are
KingCharlemagne
Jun 2015
#26
EU is a group of capitalist bankers running the economies of all of Europe. Kind of like a small
jwirr
Jun 2015
#57
That's certainly what Breitbart, the National Review, and Bill O'Reilly believe
Nevernose
Jun 2015
#60
You call Stalin's purges and China's great famine capitalist propaganda in other threads
jeff47
Jun 2015
#93
Test for you: exactly how many died in 'Stalin's purges'? With source(s), please - nt
KingCharlemagne
Jun 2015
#95
You're just spouting the same old tired anti-Soviet propaganda without
KingCharlemagne
Jun 2015
#108
According to Alexander Solzhenitsyn it was between 1.6 million and 10 million
riderinthestorm
Jun 2015
#109
Capitalist propaganda? So it didn't happen, millions of people didn't die...
BeanMusical
Jun 2015
#122
"Get away with shirking its debts" - care to elaborate on what that phrase means? - nt
KingCharlemagne
Jun 2015
#127
People are dying in Greece over this fraudulent and mistaken austerity plan.
riderinthestorm
Jun 2015
#17
I don't understand this idea that the greedy bankers want to lose all their money.
randome
Jun 2015
#59
greece is effectively insolvent. we have bankruptcy proceeding for this, not debtors' prisons.
unblock
Jun 2015
#32
Well, that seems to have some merit to it. Not that I understand economics much.
randome
Jun 2015
#35
"Loan" them money, not just give it to them. The U.S. made a profit on much of it, anyways.
randome
Jun 2015
#75
Tariffs were enough to fund a de minimis federal government in the 18th century
geek tragedy
Jun 2015
#49
You would not have to borrow if the banks belonged to the country and were NOT privatized.
fasttense
Jun 2015
#56
The austerity is already creating a depression of that magnitude so what now?
TheKentuckian
Jun 2015
#64
You stated it was a choice. I'm saying both choices seem to have the same results
TheKentuckian
Jun 2015
#89
Maybe it's because Germany was the benificiary of debt reduction and forgiveness themselves?
blackspade
Jun 2015
#69
Yes, so have the finance ministers of the Eurozone countries. Which is why they did the bailouts of
geek tragedy
Jun 2015
#101
Austerity was/is a stupid policy. Loaning a country more money (as a stimulus) to solve a problem of
pampango
Jun 2015
#38
Well I suppose liquidity needed to be injected into the crashed Greek economy
fasttense
Jun 2015
#42
With one side of their mouth the EU nations say tax your shipping corporations and with the other
fasttense
Jun 2015
#61
I think it's pretty clear that the Grexit is the only solution--no sense in staying in a failed
geek tragedy
Jun 2015
#63
EU governments may see Grexit as a security issue, sending Greece into Russian or Turkish orbits.
freshwest
Jun 2015
#82
No, I wasn't suggestng a war would take place between them again. But in their sphere of influence,
freshwest
Jun 2015
#96