Συνέντευξη του πρέσβη ε.τ Λεωνίδα Χρυσανθόπουλου στη Λουξεμβουργιανή εφημερίδα Quotidien σχετικά με την απελευθέρωση από την γερμανική κατοχή
Five years after the Wall Street crash of September 2008, figures compiled by Britain’s House of Commons Library on wage rates in the 27-member European Union show that workers’ living standards have been thrown into sharp reverse.
The statistics belie claims that the euro zone has “turned the corner” with a modest rise in growth over the last quarter. The situation is particularly acute in those countries that have been subject to the dictates of the “troika”—the EU, the European Central Bank (ECB) and the International Monetary Fund (IMF)—which has overseen massive cuts in social spending as demanded by the international banks.
In Greece, wages have fallen by 11.3 percent since the autumn of 2010 [EPAM-International’s comment: the actual wage reduction is much bigger!]. The UK’s Institute for Fiscal Studies has (more…)
The dramatic collapse of young economies in the world are the first signs announcing the crash of the world financial system. The debt tsunami is rolling . It will lead to an inflation of anger against those whose goal is the exploitation of the world. The end will be painful, says Marc Faber. Christine Lagarde speaks about the breaking of a dam, against which defense lines need to be built up. But the attackers act in self-defense; millions of people are starting to rebel against the financial system. The situation is changing.
The alchemists of the global financial system start getting nervous. (more…)
Ο Greg Palast είναι οικονομολόγος, ερευνητής-δημοσιογράφος και συγγραφέας βιβλίων best seller και δε φοβάται να «τα βάλει» με ισχυρούς πολιτικούς και οικονομικούς παράγοντες κάνοντας αποκαλύψεις γι αυτούς και τα έργα τους.
Στη συνέντευξη στον Μιχάλη Νεβραδάκη λέει πως η Ελλάδα είναι τόπος εγκλήματος. Ότι πεθαίνει και οι αιτίες είναι η λιτότητα και το ευρώ. «Η λιτότητα σε περίοδο ύφεσης είναι θανατική καταδίκη». Κριτικάρει έντονα τις ιδιωτικοποιήσεις, ιδιαίτερα του νερού και της ενέργειας, αλλά και την πώληση των μεταλλείων χρυσού στις Σκουριές έναντι ευτελούς τιμήματος : «σάς κλέβουν το χρυσό σας».
Για τον Palast η λύση είναι να φύγει η Ελλάδα από το ευρώ. «Πιστέψτε με, είναι σαν να ζείτε σε αποικία λεπρών. Το ευρώ είναι ένα τερατώδες κατασκεύασμα. Δεν έχει να κάνει με ζώνη ακμάζοντος (more…)
Yet despite three-and-a-half years of debt and banking turmoil, with bailouts totaling more than 400 billion euros, northern euro zone taxpayers have not actually lost a cent.
What is more, governments in Germany, Finland, Austria, the Netherlands and France have saved billions of euros thanks to a sharp fall in how much they pay to raise money in financial markets since their borrowing costs have dropped steeply.
But that has not prevented the image taking root in voters’ minds of hard working northern Europeans putting money on the line to rescue profligate, work-shy southerners, fuelling resentment and undermining Europe’s unity.
In the run up to German elections in September, that resentment is only likely to grow, and Chancellor Angela Merkel, bidding for a third term in office, will have to reaffirm her commitment to protect voters from potential losses.
But the truth remains that German taxpayers, as well as those in Finland, the Netherlands and elsewhere, are no worse off at all, and their finance ministries have racked up savings.
“As an unintentional consequence of the crisis, Finland has benefited enormously,” said Martti Salmi, the head of international and EU affairs at Finland’s ministry of finance.
Greetings to everyone,
Right from the beginning we need to clarify that the crisis which Greece is currently facing and has led the country to its 5th official bankruptcy does not originate from the actions of a prodigal government or from the effects of a fiscal problem which could be solved through the implementation of measures of re-adjustment and reductions in government expenditure. Greece has bankrupt due to its national debt as a result of the bankruptcy of its own economy which for the past decades has been suffering from the implementation of a model based on which an economy should grow through concentrating on being extrovert and as it follows that economy should obey to the decisions made by the international financial/capital markets.
In terms of the previous decades in Greece, it should be stated that as long as the international dogma of free markets and deregulation was applied, the Greek economy was becoming a parasitic economy which concentrated on providing cheap services. As a result Greece depended even more on the fluctuations of international financial markets and kept losing ground in terms of its international competitiveness. This result was expected as the Greek economy was formed around the basic principle that it should be serving the most illegal and extraordinary appetites for high returns and profitability as demanded from both external and internal investors.
A very characteristic statistic related to the previous statements is that the percentage of the private returns in terms of the total added value within the local economy during these years of the recession reached 59% in 2009. This is a record figure within the European Union as it is almost double in comparison to the weighted average figure which corresponds to the rest of the E.U. members. For decades, all the governing parties in Greece and their so-called protectors from abroad such as the OECD, the IMF and the E.U. did everything that could be done under their power in order to convert into a primary competitive advantage of the Greek economy the prospect of maximization of the private sector’s profits beyond any logical and reasonable limit which could be set by the economy itself due its capabilities in terms of productivity.
Due to all of the above the country’s productivity started to sink and that element of parasitism would be transmitted to all business sectors while at the same time the quackery of the issue and selling of financial derivatives was advocated as a solution. A characteristic statistic indicating this is the fact that in 1992 for every 100 dollars of foreign private capital which was invested in the local economy, a 59% was associated with investments in the real economy, 31% was associated with real estate and just 10% was associated with financial investments. In 1995 the figures were 33% towards the real economy, 7 % towards real estate and 60% towards financial assets. Just before the outbreak of the crisis the figures were 10% for the real economy, 1% towards real estate investments and 89% towards financial investments. The result was that figure corresponding to 63% of the total private profit generated from the economy during the last 10 years, was interest. (more…)