Greece and the False Narrative – Austerity is a Giant Bank Bailout at the Expense of the Tax Payer
- By : JanssenReportHost
- Category : Banks, Society
NO against austerity!
Today on the Janssen Report: the Greek people have spoken. And yet many people in the EU (and beyond) deem the austerity measures imposed on the Greek people justified. Let’s call it what it is, shall we?
We are led to believe that the Greek people are lazy. That they made a mess of their finances. And that they owe the tax payers of the EU a large sum of money.
Is this really the way to look at it?
On today’s Janssen Report I go into some of the myths that have been haunting Greece and the false narrative about the Greek situation:
Unfortunately these myths have led to negative feelings toward Greece and its people. I think it’s unjust because of the fundamental game that’s played here: the banking system continues to make money no matter what. Tax payers pick up the tab for all the devastation caused by the privatization of money.
How is a nation going to repay its debts if you collapse its economy by imposing these severe austerity measures?
When GDP has gone down by 25% and unemployment has skyrocketed to 25% (youth unemployment actually close to 60%), then where is the money going to come from to repay these debts plus interest?
Let me know your thoughts and share this article and video!
Cheers,
Marco Janssen
The Janssen Report