POTATO FAMINE - DE JA VU?
So if the people cannot pay back their loan, they go to debtor prison in Ireland. Three points I'd like to make:
1) If you are liable to go to prison, why did you take up a loan you could not or did not want to pay back?
2) If the bankers or the property developers cannot pay back their loans, shouldn't they be the ones going to debtor prison? Why the bailout?
3) Why do people wait until things affect them personally? Can't people think in the abstract?
[Youtube] Max Keiser visits Ireland post bailout - Part 1/2
[Youtube] Max Keiser visits Ireland post bailout - Part 2/2
Showing posts with label Europe. Show all posts
Showing posts with label Europe. Show all posts
Tuesday, April 19, 2011
Sunday, September 13, 2009
Michael Hudson: How Europe scammed Latvia
There was a plan in place by Western Europe to fleece Latvia. Michael Hudson details how they did it through a flat tax policy and having the banks be the central planners. The plan was to take any disposable income from Latvians and transfer to the Western banks. Latvians thought their standard of living would increase after adopting ideas and plans from the Central European Committees but all they got was colonization. Suffering is not crises. Crises happens when people wake up, fight back, and expect change for the better to occur.
[Youtube] Michael Hudson: How Western Europe conned Latvia (Playlist Parts 1-14)
Click the link above to play all 14 parts.
[Youtube] Michael Hudson: How Western Europe conned Latvia (Playlist Parts 1-14)
Click the link above to play all 14 parts.
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