I tweeted this in Feb. https://twitter.com/asteris/status/561961718663094272 … https://twitter.com/asteris/status/562745042620936193 … sadly, Syriza acquiesced too early to not negotiating debt relief
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Replying to @asteris
If one thing became apparent out of 5+ yrs of austerity & protests, is that debt relief is necessary against predation, not just for Greece.
3 replies 15 retweets 10 likes -
Replying to @asteris
"Spain’s personal insolvency laws trap people in a cycle of debt with no real prospect of a fresh start" https://www.opendemocracy.net/can-europe-make-it/judith-sunderland/pensioner%E2%80%99s-plight-highlights-spain%E2%80%99s-housing-rights-crisis …
1 reply 3 retweets 2 likes -
Replying to @asteris
Ripping Off Young America: The College-Loan Scandal http://www.rollingstone.com/politics/news/ripping-off-young-america-the-college-loan-scandal-20130815 … astonishingly brazen, indenturing an entire generation
1 reply 4 retweets 4 likes -
Replying to @asteris
Another glaringly apparent thing now: w.o challenging the austerity narrative, you can't even get the institutions to acknowledge reality
2 replies 2 retweets 6 likes -
Replying to @asteris
Economists were sounding clarion calls for debt relief for yrs. Why did we have to reach this precarious stage for the IMF to fess up?
3 replies 10 retweets 9 likes -
Replying to @asteris
The archetypal country mired in debt since its independence is Haiti https://en.wikipedia.org/wiki/External_debt_of_Haiti … https://globalsouth12.wordpress.com/an-unending-debt/ …
1 reply 0 retweets 3 likes -
Replying to @asteris
Interestingly enough, ancient Athens didn't just develop democracy, but also a way out of the debt/slavery trap https://en.wikipedia.org/wiki/Seisachtheia …
3 replies 49 retweets 27 likes
Another historical curio: "Speculators in London skimmed off two 1824-5 loans" to fight the Greek Independence War http://www.forbes.com/sites/investor/2011/09/28/debt-defaults-have-greek-history/ …
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