Raúl Ilargi Meijer — Was Greece Set Up To Fail?

Michael Hudson has described in principle how a country is looted. Ilargi fills in the detains regarding Greece. Economic hitman John Perkins has also provided details of other instances and how it applies to Greece. Naomi Klein also describes it in The Shock Doctrine: The Rise of Disaster Capitalism

Ukraine is undergoing a similar process now. First bankrupt the country, then loot it.

All this is taking place under the cover of corporate media propaganda that blames the victims.

It's a well-oiled machine. Which country is next on the list? Is is yours?

The Automatic Earth
Was Greece Set Up To Fail?
Raúl Ilargi Meijer

For links on Greece see also

Debt Rattle July 18 2015

Bill Mitchell — Sachs v Krugman – No contest, Krugman wins

There was an interesting article written by one Jeffrey Sachs, whose only notoriety, despite his own self-promotion, is that he was the principle promoter of the ridiculous doctrine of – Shock Therapy – which systematically ruined the nations it was applied to under the aegis of IMF structural reform. The latest article (January 6, 2015) – Paul Krugman has got it wrong on austerity – published by the UK Guardian, is a direct attack on Paul Krugman. I have no interest in defending Paul Krugman (nor would he be interested in such a defense). Rather, my interest is that Sach’s intervention is one of a growing number of articles that claim that austerity has worked! An extraordinary new historical revisionism is underway. The conservatives always try to rewrite history to suit themselves. This is the latest version of that long-standing exercise and deception....

Bill takes Jeff to the woodshed.

Bill Mitchell – billy blog
Sachs v Krugman – No contest, Krugman winsBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the Charles Darwin University, Northern Territory, Australia