The Defeat of Europe – my piece in Le Monde Diplomatique
Click on the image above for the LMD site. Or… The trouble with Greece In 2010 the Greek state lost the capacity to service its debt. Put simply, it became insolvent and, thus, lost access to capital markets. To prevent a default on fragile French and German banks, that had irresponsibly lent billions to irresponsible … Continue reading The Defeat of Europe – my piece in Le Monde Diplomatique
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