Friday, July 01, 2016

Bailing Out Banks By 'Bailing' Out Greece
AUSTERITY IS THE SIDE EFFECT OF BAILING OUT THE BANKS
5* Mark Blyth is a professor at the prestigious Ivy League Browns University (even if he looks far from it). It is too bad that someone who makes things so easy to understand has such a thick Scottish accent that he's hard to understand... "...a full 95% of the cash that went to Greece ran a trip through Greece and went straight back to creditors which in plain English is banks. So, public taxpayer's money was pushed through Greece to basically bail out banks...So austerity becomes a side effect of a general policy of bank bailouts."
LINK HERE to learn about Mark
LINK HERE to the article

Interview conducted by Greeks with a Scotsman ..
good luck understanding everyone's English

No comments: