For example, last week Standard and Poors was all but accused of steam-rolling the widows and orphans of Greece in an effort to line the pockets of SP's paymasters, that being the evil banking/finance class. It was as if Heinz Guderian was at the helm of SP:
So Greece has had its debt downgraded.This week, alas, the very same source on SP:
What an opportunity for profit for the financial markets.
What a disaster for the people of Greece.
And what a triumph for Standards and Poors.
Amazing. Standard & Poors undertsand that the only way out of a recssion is to spend. If you don’t - as Greece will not be allowed to do - then the recession deepens into depression - as Greece’s surely will - debt becomes harder to repay - social crises follow - fascism is welcomed in after that - and hey presto, we have the 1920s and 30s all over again.Then again, this all comes from the very same source who exorted us all a few weeks ago that:
Let’s ignore the nonsense - the reality is there is no debt crisis - even in Greece
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