Monday, June 20, 2011

Greece and debt...

Interesting that the debt Greece has is being used to justify a neo-liberal restructuring of the economy, with various news outlets crowing about what a serious, no nonsense problem, government debt is. Not being able to make payments on ones debt is surely a bad thing, yet folks seem to be applying a kind of cookie cutter "shock doctrine" approach and conception to what's going on there instead of looking any deeper into what may have caused it.

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