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3/26/10

Goldman's Great Greek Swindle and the American Blowback

What happens when you, unlike the United States and its money-makers at the Federal Reserve, can't simply print your way out of an economic meltdown to bring those numbers in line? In Greece, you get street riots, austerity measures, bank runs, runaway nationalism, crippling sanctions and what passes for a serfdom ruled by an oligarchy. Ask Roberts, however, and he'll argue no such thin red, white and blue line exists across the pond. Americans are stuck in the same mess.

For more: Goldman's Great Greek Swindle and the American Blowback | News & Politics | AlterNet

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