by Richard McAleavey | 20 Nov 2013 | Uncategorized
The bailout will soon be over. No longer will Ireland have to be subjected to the interference of external powers in its affairs. No more humiliating conditionalities imposed by mild-mannered Troika functionaries with a stern economic vision. Instead, thanks to the...
by Ida Ince | 30 Aug 2013 | Uncategorized
The European Commission has been forced to rebuff a proposal by the Eurozone’s new bailout fund, the ESM, that Greek assets be transferred to a new Luxembourg-based special purpose vehicle as a part of a wider privatisation scheme. The proposal, mooted by...
by Ida Ince | 17 Mar 2013 | Uncategorized
Come again? Cypriots discover the debt jubilee? Well yes actually, that is basically how depositors at Cypriot banks have been treated by the Troika, even if the decision to grab up to 9.9% of cash deposits to finance a bail out of the finance sector is being...
by Ida Ince | 12 Nov 2012 | Uncategorized
From 15 November 2012, a part of the Occupy Movement in the U.S. led by Strike Debt will be operating a “Rolling Jubilee” which their website describes as: A bailout of the people by the people. We buy debt for pennies on the dollar, but instead of...
by Ida Ince | 19 Jul 2012 | Uncategorized
What’s the difference between Monaco and the City of London? One is a micro-territory governed by absolute fiat, hollowed out by property speculation, gambling, and the concealment of great crimes of wealth, and the other is Monaco. In case your wondering,...
