Greek Debt in Political Situation in the New Age of EU and Institutional Loan Sharks
Greek Debt in Political Situation in the New Age of EU and Institutional Loan Sharks

Summary/Abstract: A close look at the factors and the contributors of the current financial crisis, especially as it regards Greece, which is under immense pressure from friendly institutional organizations. Who and why is pushing economies to their fiscal limits in the Eurozone when there is no apparent logical explanation for such extreme austerity, nor past successful examples. The heavily indebted economies are not possible to consolidate their finances and reduce their loans, using old recipes – so they’ll have to resort to the method of deleting or freezing of debts, since there is no other peaceful solution. «If we don’t react collectively, then we will lose our homes, we will lose our deposits, we will miss the euro, we will eventually reach bankruptcy and debt slaves of elite in perpetuity – in our own motherland!»

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