[lbo-talk] irreversible slide

Chuck Grimes c123grimes at att.net
Tue Nov 29 12:08:46 PST 2011


How do you get from "intrusive powers" and "ceding national sovereignty" to "joint debt issuance for the euro zone"? That's a bit of a stretch, don't you think? What the authors appear to be saying is that once nations abandon democracy altogether, then the Brussels-Berlin Axis will issue eurobonds to rebalance the system so that Soviet Europe works in a way that maximizes profits for the banksters. Is that what this is all about?

Sure it is. (Mike Whitney)

http://www.counterpunch.org/2011/11/29/an-irreversible-slide/

------------

I guess it doesn't really matter since none of these measures are going to work.

CG



More information about the lbo-talk mailing list