It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
Tonight's video is a documentary on the Greece debt crisis. It's a view from the Populist, not the IMF, the ECB, EU or the banks and it also gives a history on what has been happening as finance controls the globe and countries power and labor power is eroded.
Here is the debtocracy website:
For the first time in Greece a documentary produced by the audience. “Debtocracy” seeks the causes of the debt crisis and proposes solutions, hidden by the government and the dominant media.
The documentary traces the roots of the Greek debt back to the revolution of 1821 and the British loans that were issued. The documentary also points out to the fact that Greece, in its 190 years of existence, has only lent money once, during the German occupation of Greece, and has always been the recipient of loans in all other instances. The documentary asserts that the current debt of Greece is due to the creation of a welfare state in the 1980s and the nationalisation of failing private companies, the systematic failure of the state to tax fairly, the restrictions of the Maastricht treaty, the new loans that were issued to pay older debts and the current economic policies of Greece, the IMF and the ECB, which will result to an even higher debt, equal to 167% of the country's GDP in 2013.
We know the title is Friday night and it's Sunday morning, but right at this moment, we have the Greek debt crisis coming to a boil and you will not see the information presented in this documentary in any American media. Watch it!