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The Ministry of Utmost Happiness

The Ministry of Utmost Happiness has become one of the most reviewed books since and even before its publication in June 2017. The antici...

Monday, July 6, 2015

Evil wizards of finances

Greeks yesterday voted in a thumping manner against creditors and their discredited policies of endless austerity that have wrought havoc on ordinary people that had nothing to do in the first place with the mountains of debt that the country is laden with, which would be 340 billions euros at the current reckoning. Those mountains of debt afflicting Greece and many other countries are not, as the perception has filled the general public opinion, entirely due to profligacy by populations of those nations. Those rather reflect the doings and excesses of bankers, the very shining examples of decadent capitalism, which ultimately led to the collapse of those very financial institutes during the financial crisis of 2007-8. The liabilities accrued by bankers were passed on and added to the national debts of countries, including Greece. Financial institutes and media controlled by corporates are very careful to not let that information out in the public domain by use of convulated economic jargons.     

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