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Burdened with Debt Reloaded: The Politics ofr Devaluation
A series of defensive and sectional struggles at workplaces in the private sector reveal that the Greek industrial capital has already taken advantage of the new institutional framework of the “state ...
Europe's Leaders Visit Athens to Celebrate Their Failure
Inter Press Service
The start of Greece's six-month presidency of the EU was marked by a ceremony in the Greek capital attended by the EU commissioners. But protests were banned and there was no in-depth talk about the r...
Puerto Rico's default is fine, as long as Wall Street is repaid
On August 1, 2015, Puerto Rico defaulted on part of its enormous $72 billion debt, paying back only $628,000 on a relatively small $58 million loan that was due at the start of the month. The default,...
Wall Street and the Greek Financial Crisis
Hudson, Michael; Black, Bill
Michael Hudson and Bill Black zero in on some of the key elements of the crisis. They point out that it is not really 'Greece', let alone the Greek people, who have contracted this debt and who have b...
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