Too Many Bankers – Not Enough Guillotines [View all]

[kpete]

Too Many Bankers – Not Enough Guillotines
POSTED BY RON BEASLEY
JUN 17TH, 2012 | NO COMMENTS

The people of Greece have spoken and said a lot and a little all at once. They may or may not be able to form a government but even if they do it won’t last long.

This is not going to turn out well for anybody. Everybody knows that Greece is never going to repay their debt. Ditto for the others, Spain and Italy the big ones. The austerity program insisted on by Germany is destroying the economies of Europe making it even less likely they could ever repay the debt. The technocrats of the Euro zone have proved to be incompetents with there heads in the sand or up the rear end of the bankers. These bailouts are not for the people of Greece, Spain etc they are bailouts for the big banks that made bad loans. The people know this and we see a rise in the popularity of both far left and far right parties. Civil unrest is increasing.

http://themoderatevoice.com/150117/too-many-bankers-not-enough-guillotines/