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Greece Is the Latest Country to Throw Billions Into the Gooey Pit of “Low Birthrates Are an Economic Issue”
•�October 7, 2024
•�700 Words •�58 Comments • Reply
Unfortunately, it’s been well-established that breeding has zero relationship to economics, and is instead entirely the result of women preferring to go around getting fucked by strangers instead of becoming wives and mothers. You can spend infinity money on “programs” and nothing at all will change. You should have spent that money on hiring rape... Read More
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Byzantine Revisionism Unlocks World History
•�June 30, 2023
•�7,300 Words •�784 Comments • Reply
I am sure that many readers can relate if I say that learning about Byzantium feels like discovering the sunken civilization of Atlantis. You can read a thousand books about the “Middle Ages”, even do a Ph.D. in “Medieval Studies” (as I did), and hardly ever hear about Byzantium. And then, one day, when you... Read More
Cyprus: Golden Dawn Inspired Nationalist Party Rises In Polls
•�May 29, 2021
•�400 Words •�8 Comments • Reply
Cyprus' "Golden Dawn" is quickly rising. Last October, the Greek government imprisoned the entire parliamentary bloc of Golden Dawn, due to their growing electoral success The decision to sentence leader Nikos Micholiakos and multiple others to 13 years in prison just for belonging to the nationalist party was received with applause by "human rights" groups... Read More
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Rule Through Law: Nationalist Politicians Are Being Imprisoned for Their Beliefs Across Europe
•�October 14, 2020
•�900 Words •�146 Comments • Reply
Multiple European Union states are breaking with post-war liberal conventions and openly imprisoning prominent political opponents and intellectuals for ideological crimes. The tactic being used by these governments is "rule through law," as opposed to rule of law. The strategy is commonly deployed in nations like Saudi Arabia against journalists, intellectuals and opposition figures who... Read More
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Greek Government Convicts Nationalist Party's Elected Officials of Being a Criminal Organization Over 2013 "Antifa" Member...
•�October 7, 2020
•�700 Words •�93 Comments • Reply
Thousands of communists, anarchists, and international NGOs have descended on Athens to celebrate a Greek court's decision to declare nationalist opposition party, Golden Dawn, a criminal organization. The ruling is a historic departure for post-war liberalism, which traditionally frowns upon putting members of parliament in prison for their beliefs. All 18 elected MPs, including Golden... Read More
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Corona-Depression: Southern Europe Will Never Recover
•�June 27, 2020
•�1,200 Words •�331 Comments • Reply
Bad news for southern Europe. It looks like coronavirus will further entrench the European Union’s long-standing disparities between north and south. According to the European Commission’s estimates, the economies of Italy, Spain, and Greece will all shrink over 9%. By comparison, the EU average is 7.4%. France will shrink 8.2%, while most Nordic/Germanic countries will... Read More
SYRIZA's Betrayal of Greece Is a Spectre Haunting the Left
•�March 6, 2020
•�3,200 Words •�13 Comments • Reply
'Super Tuesday’ in the 2020 presidential election season is over and Senator Bernie Sanders’s time as the unlikely frontrunner for the Democratic nomination may have stopped just as quickly as it began. Despite an unprecedented smear campaign coordinated by the party leadership and corporate media against him, the self-described “democratic socialist” not only managed to... Read More
Genocide of the Greek Nation
•�August 21, 2018
•�900 Words
The political and media coverup of the genocide of the Greek Nation began yesterday (August 20) with European Union and other political statements announcing that the Greek Crisis is over. What they mean is that Greece is over, dead, and done with. It has been exploited to the limit, and the carcas has been thrown... Read More
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IMF to Greece: Sorry We'll Destroy You
•�May 9, 2017
•�2,200 Words •�76 Comments • Reply
Sharmini Peries: The European Commission announced on May 2, that an agreement on Greek pension and income tax reforms would pave the way for further discussions on debt release for Greece. The European Commission described this as good news for Greece. The Greek government described the situation in similar terms. However, little attention has been... Read More
Deceit, Betrayal and the Left
The ‘Traitor of the Year Award’
•�April 30, 2017
•�3,300 Words •�1 Comment • Reply
Introduction: While the Right faithfully supports the policies and interests of its ruling class supporters, the Left has systematically betrayed their political platform promises and deceived its working class, salaried employees, small business and regional supporters. Historic reversals have happened in rapid succession by Leftist leaders, including greater oligarch control over the economy, more dictatorial... Read More
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Bad Lenders Make Bad Loans
Finance as Warfare: The IMF Lent to Greece Knowing It Could Never Pay Back Debt
and •�February 17, 2017
•�1,700 Words •�60 Comments • Reply
SHARMINI PERIES: The latest economic indicator showed that the Greek economy shrank by 0.4% in the last three months of 2016. This poses a real problem for Greece, because its lenders are expecting it to grow by 3.5% annually, to enable it to pay back on its bailout loan. Greece is scheduled to make a... Read More
Thucydides Crap
Ceterum censeo Sinisem esse delendam
•�June 11, 2016
•�700 Words •�99 Comments • Reply
I enjoy a simplistic historical analogy as much as the next blogger, but “Thucydides Trap” doesn’t cut it for me. “Thucydides Trap” is the “conflict inevitable between incumbent and rising empires” thing, tracing back to Thucydides’ analysis, the first example of the IR deep dive, which sidestepped the proximate cause of the Peloponnesian War (Athens... Read More
We Have Entered the Looting Stage of Capitalism
Germany’s Assault On The IMF
•�May 25, 2016
•�700 Words •�10 Comments
Having successfully used the EU to conquer the Greek people by turning the Greek “leftwing” government into a pawn of Germany’s banks, Germany now finds the IMF in the way of its plan to loot Greece into oblivion . The IMF’s rules prevent the organization from lending to countries that cannot repay the loan. The... Read More
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The Financial Invasion of Greece
IMF's concern about Greek debt is bogus, this is full scale financial war, forcing Greece give up ports, pensions,...
•�May 22, 2016
•�1,600 Words •�94 Comments • Reply
SHARMINI PERIES, TRNN: It's the Real News Network, I'm Sharmini Peries coming to you from Baltimore. Greece's economic crisis has perhaps been eclipsed by Europe's refugee crisis, terrorist attacks, and by the forthcoming Brexit referendum. But it has not gone away. Greece's Syriza coalition faced violence on the streets and a 3 day general strike... Read More
Marion-Maréchal Le Pen. This year, she received 45% of the popular vote in one of France\
A Look Back Over 2015
•�December 19, 2015
•�1,900 Words •�96 Comments • Reply
I wrote the above last January, fearing that Europe would see an acceleration of the massive demographic change already under away—the Great Replacement, to use a term coined by Renaud Camus: Oh, the Great Replacement needs no definition. It isn't a concept. It's a phenomenon, as obvious as the nose on your face. To observe... Read More
Capitalism At Work
•�November 28, 2015
•�800 Words •�16 Comments
Zero Hedge reports a story from “Keep Talking Greece” that first appeared in The Times According to the story, the plummeting living standards forced on the Greek people by German chancellor Merkel and the European banks have forced large numbers of young Greek women into prostitution. The large increase in the supply of women offering... Read More
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China Stocks Over Consumption
•�August 26, 2015
•�2,700 Words •�4 Comments • Reply
Watch the video on the Democracy Now site Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe to the United States. China’s stock indices fell over 8 percent on Monday and another 7 percent today. On Wall Street, the Dow Jones Industrial... Read More
Greek Elections: January and September 2015
From Hope to Fear and Despair
•�August 26, 2015
•�1,300 Words •�1 Comment • Reply
Introduction: Eight months will have passed since the election of Syriza on January 25 up to the snap elections in September. During that time Syriza’s leaders play-acted their ‘opposition to austerity’ and then knelt down in submission to the ‘Troika’. The contrast between January and now is dramatic: Syriza’s leader, Prime Minister Alexi Tsipras, aroused... Read More
Male figurine, pottery, c. 7,000–5,000 years ago, Greece, Archaeological Museum of Heraklion. Credit: Wikimedia Commons
The Past Is Another Country
•�August 15, 2015
•�1,400 Words •�78 Comments • Reply
This is one of several findings with a common theme: the farther back in time we go, the less familiar people look. And we don't have to go very far. This fact came up in a column I wrote about the Americas. If we turn back the clock, Amerindians look more and more European, yet... Read More
EU’s Greek Debt Austerity Plan Rejected By the IMF
•�July 30, 2015
•�200 Words •�4 Comments
I have maintained since the so-called Greek Debt “crisis” began back in 2010, I believe it was, that the imposition of austerity on Greece could not possibly work and that the only solution was to write down the debt to a level that Greece could service and introduce reforms that loosen the hold the oligarchs... Read More
Greece and the European Union
First as Tragedy, Second as Farce, Thirdly as Vassal State
•�July 26, 2015
•�3,100 Words •�5 Comments • Reply
Introduction: The Greek people’s efforts to end the economic depression, recover their sovereignty and reverse the regressive socio-economic policies, which have drastically reduced living standards, have been thrice denied. First, the denial came as tragedy: When the Greek majority elected Syriza to government and their debts increased, the economy plunged further into depression and unemployment... Read More
The Greek Debt Crisis Threatens 70 Years of Peace
We forget that wars in Europe were the norm before the EU
•�July 25, 2015
•�1,200 Words •�1 Comment • Reply
Political crises in the Middle East and North Africa since 2011 have either produced extreme violence or caused countries to dissolve into civil war. The territorial settlement that followed the defeat of the Ottomans in 1918 is collapsing, but there is no clear sign of what will replace it, other than conflicts which nobody knows... Read More
Greece’s Lesson for Russia
•�July 17, 2015
•�1,600 Words •�2 Comments
Greece’s lesson for Russia, and for China and Iran, is to avoid all financial relationships with the West. The West simply cannot be trusted. Washington is committed to economic and political hegemony over every other country and uses the Western financial system for asset freezes, confiscations, and sanctions. Countries that have independent foreign policies and... Read More
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Is the Iran Nukes Deal Aimed at Crushing Putin?
•�July 17, 2015
•�2,000 Words •�42 Comments • Reply
The Iran nuclear agreement has less to do with proliferation than it does with geopolitics. The reason Obama wants to ease sanctions on Iran is because he wants to push down oil prices while creating an alternate source of natural gas for Europe. In other words, the real objective here is to hurt Russia which... Read More
Greece: Sound and Fury Signifying Much
•�July 15, 2015
•�1,000 Words •�9 Comments
All of Europe, and insouciant Americans and Canadians as well, are put on notice by Syriza’s surrender to the agents of the One Percent. The message from the collapse of Syriza is that the social welfare system throughout the West will be dismantled. The Greek prime minister Alexis Tsipras has agreed to the One Percent’s... Read More
Greece Today, America Tomorrow?
•�July 12, 2015
•�600 Words •�2 Comments • Reply
The drama over Greece’s financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new “austerity” measures. The deal will allow all sides to brag about how they came together to save the Greek economy... Read More
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We Can All Get by Quite Well Without Banks - Ireland Managed to Survive Without Them
A 1970 strike in Ireland provoked an admirable outbreak of ingenuity - Greece should take note
•�July 12, 2015
•�1,200 Words •�Leave a Comment
Television reporters stand in front of the shut doors of banks in Athens and speak as if a few days more of bank closure brings the Greeks that much closer to catastrophe. Media coverage dwells obsessively on the theme that for Greece it is five minutes to midnight, but somehow midnight never comes. Shuttered banks... Read More
Why Greece’s Debt Is Illegal
•�July 11, 2015
•�3,100 Words •�21 Comments • Reply
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The Financial Attack on Greece
Where Do We Go From Here?
•�July 7, 2015
•�2,500 Words •�29 Comments • Reply
The major financial problem tearing economies apart over the past century has lain more with official inter-governmental debt than with private-sector debt. That is why the global economy today faces a similar breakdown to 1929-31, when it became apparent that the volume of official inter-government debts could not be paid. The Versailles Treaty had imposed... Read More
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Greece: The Pearl Cast Before Swine
•�July 7, 2015
•�1,500 Words •�59 Comments • Reply
Greece is the pearl of Mediterranean, the place generations of foreigners from Lord Byron to Graves to Fowles have fallen in love with. From philosophy to feta, from history to yoghurt, from poetry to honey they provided the example to follow. Their priests preserve the pristine faith; their fighters defeated Mussolini; their Helen is the... Read More
Greece and the EU Situation
•�July 7, 2015
•�1,000 Words •�3 Comments
I doubt that there will be a Greek exit. The Greek referendum, in which the Greek government’s position easily prevailed, tells the troika (EU Commission, European Central Bank, IMF, with of course Washington as the puppet master) that the Greek people support their government’s position that the years of austerity to which Greece has been... Read More
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Greece: Why No Means Yes
Greece Rejects the Troika. Where Do We Go From Here?
•�July 6, 2015
•�1,400 Words •�23 Comments • Reply
Just after 7 PM Greek time on Sunday, I was told that the “No” vote (Gk. Oxi) was winning approximately 60/40. The “opinion polls” showing a dead heat evidently were wrong. Bookies across Europe are reported to be losing their shirts for betting that the financial right wing could fool most Greeks into voting against... Read More
Greeks Vote NO to EU-Imposed Austerity
•�July 5, 2015
•�500 Words •�2 Comments
With 90% of the votes counted, the Greek people have voted 61% to 39% against accepting the latest round of austerity that the EU is trying to impose on the Greek people for the benefit of the One Percent. What is amazing is that 39% voted for the One Percent against their own interests. This... Read More
The Grim Reaper Knocks on Greece's Door
•�July 4, 2015
•�900 Words •�11 Comments • Reply
PARIS – As the squalid drama of Greece’s bankruptcy unfolds, many alarmists claim the European Union is about to disintegrate. British and Americans are cheering the ills of the EU. On top of all this, it’s a blazing 39.8 C here in the City of Light. In spite of all the bad news from Greece,... Read More
Greece and Other Musings On July 4th
•�July 3, 2015
•�1,500 Words •�3 Comments
If you become stuck in a boring July 4 hot air speech, distract yourself with this question: Are the values that Western civilization allegedly represents still extant? You don’t need to get heavy into philosophy. See if you can find any of the professed values reflected in current events. For example, Julian Assange, the founder... Read More
Europe's Real Existential Crisis
•�July 3, 2015
•�800 Words •�10 Comments • Reply
However the Greek crisis ends, whether with Athens leaving the eurozone, or submitting and accepting austerity at the dictates of its creditors, the European Union appears headed for an existential crisis. Greece borrowed and spent beyond its means, like New York City in the '70s, and Detroit, Illinois, and Puerto Rico today. But the crisis... Read More
Sunday’s Vote Will Determine Liberty or Serfdom
•�July 2, 2015
•�300 Words
According to history books, democracy originated in Greece. Of course, historians could be mistaken, but this is the prevailing view among Western populations with enough awareness to be interested to know. What we are witnessing today, July 2, 2015, is that after 2,500 years in the Western World only the current Greek government is interested... Read More
Greece Again Can Save the West
•�July 1, 2015
•�1,000 Words •�10 Comments
Like Marathon, Thermopylae, Plateau and Mycale roughly 2,500 years ago, Western freedom again depends on Greece. Today Washington and its empire of European vassal states are playing the part of the Persian Empire, and belatedly the Greeks have formed a government, Syriza, that refuses to submit to the Washington Empire. Few people understand that the... Read More
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Greece: On Behalf of Europe
•�June 30, 2015
•�2,900 Words •�20 Comments • Reply
Resisting Financial Conquest
•�June 30, 2015
•�1,500 Words •�4 Comments • Reply
Back in January upon coming into office, Syriza probably could not have won a referendum on whether to pay or not to pay. It didn’t have a full parliamentary majority, and had to rely on a nationalist party for Tsipras to become prime minister. (That party balked at cutting back Greek military spending, which was... Read More
Capitalism Has Devolved Into Looting
•�June 29, 2015
•�2,100 Words •�3 Comments
Ayn Rand is a pariah among those who believe that government is our benefactor. There are times and conditions when government can be a benefactor of the people. But not in the Western world at the present time. As Michael Hudson and I agree, Western central banks refuse to create money to finance economy recovery.... Read More
Greek Asset Stripping Similarities
•�June 27, 2015
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A presentation at the Delphi Initiative.
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The Delphi Declaration
•�June 26, 2015
•�2,900 Words •�36 Comments • Reply
Many readers of the European and American press must be confused about what actually is happening in the negotiations between Greece (Alexis Tsipras and Yannis Varoufakis). The European Troika (the IMF, European Central Bank and European Council now object to the name and want to be called simply “the Institutions”) have stepped up their demands... Read More
Greek Democracy Is Failing
•�June 24, 2015
•�500 Words
The Greek debt is unpayable. It is simply too large to be repaid. The austerity that the EU and IMF have imposed on Greece has worsened the problem by driving down the Greek economy, thus making the burden of the debt even heavier. Despite the obvious fact that the EU’s austerity policy is a failure... Read More
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Address to the International Conference on the European/Russian Crisis Created by Washington
•�June 19, 2015
•�3,300 Words •�82 Comments
Paul Craig Roberts’ address to the Conference on the European/Russian Crisis, Delphi, Greece, June 20-21, 2015 
Paul Craig Roberts, formerly Assistant Secretary of the US Treasury for Economic Policy, Associate Editor, Wall Street Journal, Senior Research Fellow, Stanford University, William E. Simon Chair in Political Economy, Center for Strategic and International Studies, Georgetown University, Washington,... Read More
Starvation Is the Price Greeks Will Pay for Remaining In the EU
•�June 15, 2015
•�500 Words •�9 Comments
Syriza, the new Greek government that intended to rescue Greece from austerity, has come a cropper. The government relied on the good will of its EU “partners,” only to find that its “partners” had no good will. The Greek government did not understand that the only concern was the bottom line, or profits, of those... Read More
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Syriza: Plunder, Pillage and Prostration
How the ‘Hard Left’ embraces the policies of the Hard Right
•�June 15, 2015
•�1,800 Words •�43 Comments • Reply
Introduction: Greece has been in the headlines of the world’s financial press for the past five months, as a newly elected leftist party, ‘Syriza’, which ostensibly opposes so-called ‘austerity measures’, faces off against the “Troika” (International Monetary Fund, the European Commission and European Central Bank). Early on, the Syriza leadership, headed by Alexis Tsipras, adopted... Read More
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Global Financialization 2015 – the State of Play
The Saker Interviews Michael Hudson
•�June 12, 2015
•�4,800 Words •�25 Comments • Reply
Cross-posted from The Saker The Saker: We hear that the Ukraine will have to declare a default, but that it will probably be a “technical” default as opposed to an official one. Some say that the decision of the Rada to allow Iatseniuk to chose whom to pay is already such a “technical default”. Is... Read More
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Greek Debtline
•�May 29, 2015
•�2,300 Words •�43 Comments • Reply
SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to the Michael Hudson Report on The Real News Network. I’m Sharmini Peries coming to you from Baltimore. The Euro is slipping against the dollar, and the European financial markets are in flux, expecting Greece to fail on its 1.6 billion Euro repayment due to the International Monetary Fund... Read More
Hope on the Horizon and It Comes from Greece
•�April 12, 2015
•�400 Words •�2 Comments
Washington in its arrogance, seeing itself as “indispensable,” poses a continuing threat to the lives of hundreds of millions of people. The extraordinary number of dead that Washington has murdered in the 21st century–”The American Century”–is dismissed as “collateral damage” in the “war on terror.” The war on terror is a hoax. It is a... Read More
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