Debt Rattle November 16 2014

 

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    Wyland Stanley Indian guides and Nash auto at Covelo stables, Mendocino County, CA 1925 • We Need To Ramp Up Global Growth: OECD (CNBC) • G-20 Plans $
    [See the full post at: Debt Rattle November 16 2014]

    #16642
    Formerly T-Bear
    Participant

    In addition to Italy’s Beppe Grillo’s Movement 5 Star has company growing in Spain’s Podemos (We Can) development, augmented also by Greece’s Syriza political party. From The Guardian:
    https://www.theguardian.com/commentisfree/2014/nov/16/podemos-left-crisis-ukip-anti-immigrant
    reviews the growing political opposition to orthodox economic dysfunction. Just as Franklin Delano Roosevelt depended on ‘brain trusts’ to flesh out the goals of the New Deal, and the neoliberal thought collective has adopted ‘think-tanks’ to accomplish its Chicago School of Economics nefarious agendas, it will be interesting to watch the newly forming parties to see what equivalent resources are developed or not, thus indicating their viability to address the existential economic duress being imposed through political austerity. This may be the last chance for the EMU to get itself corrected. For sure, the troika as it is presently constituted and controlled must be completely replaced with organizations adhering to their original design functions.

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