The Mudcat Café TM
Thread #157574   Message #3720224
Posted By: Jim Carroll
01-Jul-15 - 08:06 AM
Thread Name: BS: Greece in meltdown? What do you think?
Subject: RE: BS: Greece in meltdown? What do you think?
"Joseph Stiglitz seems to be the only person in the world who knows what question exactly will be asked on Sunday,"
Really - sorry, however it is worded, the referendum will be on whether the moneylenders should be paid - all sides have made their positions clear - those who support a Yes vote have clearly stated that the debt should be paid and further austerity measures should be put into place - the theme of last night's rally.
What is important about Stiglitz's article is that it points out that past loans have been spent in supporting France and Germany - the moneylender loaning money in orderd to have it paid to the moneylender - and so ad infininitum.
Jim Carroll