Greek banks are proven to be near death. Greek people will follow this pattern closely.

Οι εγχώριες τράπεζες αποδείχθηκαν ετοιμοθάνατες. Ακολουθεί ο λαός μας. by S. Katsoulis* I'm sure you know by now. The hard working people at the ECB led by it's VP Vítor Constâncio, kept themselves busy throughout the weekend  of 25-26 October (hopefully they did charge the appropriate overtime) in order to complete the much needed stress …

Mächtigste Bank der Welt warnt zum dritten Mal vor einem Crash

Η Τράπεζα των Τραπεζών (Τράπεζα Διεθνών Διακανονισμών) προειδοποιεί για τρίτη φορά για επερχόμενο κραχ. Η ΤΔΔ επισημαίνει ότι η χαλαρή νομισματική πολιτική των κεντρικών τραπεζών παγκοσμίως εγκυμονεί κινδύνους για την οικονομική σταθερότητα, ότι οι αγορές επαναπαύονται σε μια επίπλαστη ηρεμία και ότι η κατάσταση θυμίζει αυτήν του 2008. Αλλά κανείς δεν την ακούει. Deutsche Wirtschafts …

Evo Morales has proved that socialism doesn’t damage economies

The Guardian , Tuesday 14 October 2014 Bolivia’s re-elected president has dumbfounded critics in Washington, the World Bank and the IMF. Evo Morales in the runup for the vote at the inauguration of a thermo-electric plant in Yacuiba in September 2014. Photograph: Aizar Raldes/AFP/Getty The socialist Evo Morales, who yesterday was re-elected to serve a …

Is Mr Tsipras and the SYRIZA/left party the solution to Greece’s problems?

. Stavros Katsoulis - Reporting from Greece  . The recent Euro-elections results in Greece where clear enough, for anyone to see the raw truth. The majority winner is the now well known left party that benefited from the crisis, SYRIZA, which is led by it's young and handsome chairman Mr Alexis Tsipras. However, as we …

A documentary film on the situation in Greece already in 2012

english subtitles The creators of "Debtocracy", a documentary with two million views broadcasted from Japan to Latin America, analyze the shifting of state assets to private hands. They travel round the world gathering data on privatization in developed countries and search for clues on the day after Greece’s massive privatization program. Catastroika is a crowdfunded …