Tag Archives: austerity

Demogogue Arising: Beppe Grillo

Posted on March 11, 2013 by gerold

Reading time: a few seconds plus video. As economies decline, demagogues – political leaders who seek support by appealing to popular desires and prejudices – will gain power. Italy’s economy is circling the drain and austerity is causing much pain. … Continue reading →

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Posted in News & Views | Tagged , , , | 4 Comments

Economic Insanity – brief update May 9, 2012

Posted on May 9, 2012 by gerold

Reading time: 950 words, 3 to 4 minutes As expected, the incumbent French President Sarkozy has been ousted by left-wing Hollande who vows an end to austerity. Greece is left with messy minorities in Parliament elected by Greeks fed up … Continue reading →

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Posted in Collapse 2012, Economic Collapse | Tagged , , , , , , , , , , | Leave a comment

First Iceland, Now Greece Reject Austerity

Posted on June 12, 2011 by gerold

Last year Iceland told the Banksters to pound sand where the sun doesn’t shine as the world’s oldest democracy (900 years) refused to accept austerity measures by bailing out the foreign bankers who demanded that ordinary Icelandic citizens suffer rather … Continue reading →

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Posted in Collapse 2011, Economic Collapse | Tagged , , | Leave a comment