debt
Debt Forgivness and Nationalization Are the Answers to the Economic Crisis
By Paul Craig Roberts
March 23, 2020
The US airline companies have bankrupted themselves by buying back their stock in an enrichment scheme for CEOs and...
Corona Debt Jubilee
By Michael Hudson
March 22 2020
Cross posted from the Washington Post.
Michael Hudson, author of “… and forgive them their debts” and “Killing the Host,” is...
Escaping the Debt Trap
You can’t really understand the world, especially global North-South relationships, without understanding how foreign aid works. The Debt System will help you do that....
Debt Wars and the fate of Europe
The following article was written in 2013, still we believe that some of the main ideas underlying it remain even more relevant today, given...
Goldman Sachs and Eurogroup 2015: Kafka in the Room!
By Dimitris Konstantakopoulos
March 17, 2020
In a previous article we argued that the Greek “bailout” program, the Loan Agreements and the “memorandum of understanding” imposed...
Eurogroup 2015: the birth of post-modern totalitarianism
By Dimitis Konstantakopoulos
March 12, 2020
If there was a tribunal for crimes during peacetime similar to the Nuremberg Tribunal, one of the first cases to...
Greece: Drone soars over thousands of ‘NO’ protesters as referendum looms...
Ruptly’s drone captured thousands of people flooding Syntagma Square in Athens, Friday, in support of a ‘no’ vote in the upcoming bailout referendum. Greek...
No, the coronavirus is not responsible for the fall of stock...
By Eric Toussaint
5 March 2020
We are witnessing a big crisis in the stock markets of the Wall Street, Europe, Japan and Shanghai, and many...
Lebanon to Default on Eurobond Debt for First Time – Prime...
07.03.2020
On 6 March, Lebanon’s Financial Attorney General Ali Ibrahim imposed a ban on the asset management of 20 local banks, as well as on...
World Bank concerned about “global debt wave”
By Nick Beams
21 December 2019
World Bank research has pointed to a global wave of debt since 2010 that has led to developing countries...