They just wanted to take a bat to them,” said former U.S. Treasury Secretary Timothy Geithner, referring to the attitude of European leaders towards debt-laden Greece in February 2010, three months before the country’s first bailout. Geithner, Treasury Secretary from 2009 until 2013, was attending a meeting of the finance ministers and central bankers of Read more…
The current situation in Greece resembles the debt peonage that many African countries have been subjected to for decades. They suffered the consequences of the so-called structural adjustment under the supervision of the international finance institutions and the result was economic and social devastation.
German capitalism in its way replicates the fundamental mistake of capitalists elsewhere. It does not know how or when to stop overstepping the limits of what the rest of society will endure and allow
The forces misusing the problems of properly treating such increasingly desperate “undesirables” represent a growing threat, far more dangerous than the old Know-Nothings . . . and eager to seize their chances
Europe’s biggest problem is Germany, not Greece. Just over two years ago (May, 2013) I published a piece entitled “The German Diktat”, in which I listed the justifications given by Germany at the beginning of the First World War for its atrocities against Belgium, a small country that had refused to go along with Germany’s Read more…
Interview on the comeback of the WikiLeaks whistleblowing platform and his desire to provide assistance to a German parliamentary committee that is investigating mass NSA spying
Greece and the German Strategy to Dominate Europe
Wealthy, powerful heads of state and other bosses high up in the Bavarian Alps, and the vigorous protests from opposing crowds kept out of earshot downhill, largely stole media thunder
The veil cast over this institutional deficit of an empowered European Parliament based on a European-wide system of political parties has not yet been really shredded
Germany’s economic model hasn’t delivered on its promises of social justice. Does the recent strike wave pose a threat to “social partnership”?