Showing posts with label Thomas Piketty. Show all posts
Showing posts with label Thomas Piketty. Show all posts

Wednesday, July 08, 2015

Greece, Angela Merkel, and the Failed Policies of Austerity



As Angela Merkel and her gang of EU stooges and bloated banksters give Greece until Sunday to decide how much more flesh they can carve off its shrunken body. 

Frustrated European leaders gave Greece until Sunday to reach an agreement to save its collapsing economy from catastrophe after an emergency summit meeting here on Tuesday ended without the Athens government offering a substantive new proposal to resolve its debt crisis.

And Merkel makes it clear she wants as much flesh as possible.

At a separate news conference, the German chancellor, Angela Merkel, made it clear that eurozone leaders were determined to set a very high bar for Athens before the Thursday deadline.

The pressure on her, the EU, and the whole capitalist system is mounting.