By Ellen Brown, Web of DebtJul 10, 2015
By nationalizing its banks and issuing digital loans and thus restoring the liquidity desperately needed by banks and the economy, Greece could provide a model of sustainable prosperity for the world. But it is being strangled by a hegemonic power in a financial war being waged against us all. Dig deeper ( 7 Min. Read )
Sonali Kolhatkar / TruthdigJul 10, 2015
While Greece is not the first country to defy the IMF’s prescriptions, it is uniquely poised to underscore, once and for all, capitalism's incompatibility with democracy. Dig deeper ( 5 Min. Read )
Kasia Anderson / TruthdigJul 8, 2015
Aside from monetary considerations, time is clearly the most important commodity in the ongoing crunch sessions between Greek and European leaders as they hash out a potential rescue strategy to keep Greece in the eurozone and out of financial free fall. Dig deeper ( 2 Min. Read )
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Kasia Anderson / TruthdigJul 6, 2015
If there was any lingering question about where the majority of Greeks stood on the deal drummed up by European creditors to try to contain Greece's ongoing financial crisis, Sunday's referendum on the bailout package soundly dispelled it. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigJun 22, 2015
“There has been nothing but bad news,” writes The Guardian’s economics editor Larry Elliott of the Greek debt crisis. “Yet, through it all, the relative calm in the financial markets has reflected a belief that, despite everything, the drama Tsipras of Athens will have a happy ending.” Dig deeper ( 3 Min. Read )
Alexander Reed Kelly / TruthdigMar 18, 2015
Greek Prime Minister Alexis Tsipras has accused Germany of trying to avoid paying reparations for Nazi crimes committed during World War II—and several German politicians agree. Dig deeper ( 1 Min. Read )
By Ellen Brown, Web of DebtMar 11, 2015
It seems the European Central Bank has made good on a threat by Goldman Sachs to cut off liquidity to Greek banks in the event the nation elected an anti-austerity government. Dig deeper ( 7 Min. Read )
By Ismael Hossein-zadeh, CounterpunchMar 6, 2015
For the anti-austerity struggle in Greece and elsewhere to become effective and sustainable, it must be raised from the national level to the international level. Dig deeper ( 11 Min. Read )
Chris Hedges / TruthdigMar 2, 2015
One of our most trenchant critics of corporate capitalism deplores the rise of an "extreme center" that has seized control of the political process and wages endless war while doing the bidding of global corporations Our only hope, he says, is revolt One of our most trenchant critics of corporate capitalism deplores the rise of an "extreme center" that has seized control of the political process and does the bidding of corporations . Dig deeper ( 10 Min. Read )
BLANKFeb 22, 2015
After the financial troika triumphed over the Greek government in debt negotiations last week, Germany's veteran minister “indulged himself with some patronizing comments,” observed economics correspondent Phillip Inman at The Guardian. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigFeb 21, 2015
“The rightwing orthodoxy that dominates thinking in Brussels has asserted itself over the hapless Greeks,” writes economics correspondent Phillip Inman at The Guardian. Dig deeper ( 2 Min. Read )
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