Acropolis Athens Greece
LIVECAM Pireas.gr | Syntagma | Ermou Street | Greece Live Cam List

May 26, 2012

BBC Ann Pettifor: The upside of a eurozone exit

Article at the BBC by Ann Pettifor who is director of Policy Research In Macroeconomics. She provides a history of how Greece got into the eurozone through the 'cooked books' of dishonest Greek politicians, but also through the manipulations of a banking system that sorely needed new victims. To whit:

"The good news is that poor Greece can default, defy the IMF and private bankers and escape from this debt trap.

It can cling to precious public assets. It can stop propping up a global banking system that dodges the discipline of free-market forces and hides behind the skirts of taxpayer-backed institutions like the ECB and IMF."

GREECE BY NIGHT More News - ArchivePhotos of GREECE
WALL DECOR ATHENS GREECE 5 PIECES Parthenon Temple on the Acropolis of Athens Greece Artwork Wall Decor 5 Pieces Canvas Modern Painting Wall Art Home Decoration for Living Room Pictures HD Printed Framed Ready to hang(60''Wx40''H)

Create Amazon Business Account - save time and money on business purchases with competitive B2B prices and discounts

Home | Information | Resources | Archive | Photos | Book Shop | Contact | Copyright | Site Map