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They include mass layoffs, deep wage and benefit cuts, higher taxes, selling off the nation's crown jewels, and more to assure bankers get paid first. No wonder economist Michael Hudson calls predatory finance "a form warfare."
It operates like pillaging armies, seizing land, infrastructure, other tangible assets, and all material wealth. In the process, countries and ordinary people are devastated.
Greece is effectively bankrupt. Only its obituary remains to be written. Its people have a simple choice - leave or rebel.
Street protests and strikes produce nothing. Banker controlled parliamentarians don't care.
By whatever means necessary, replacing them is crucial. Nothing else can work, and delay only exacerbates intolerable conditions.
Stephen Lendman lives in Chicago and can be reached at Email address removed .
Also visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.
http://www.progressiveradionetwork.com/the-progressive-news-hour/ .
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