Send a Tweet
Most Popular Choices
Share on Facebook 3 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds   

Grand Theft Cyprus

By       (Page 1 of 8 pages)     (# of views)   1 comment
Author 194
Message Stephen Lendman
Become a Fan
  (193 fans)

Grand Theft Cyprus

by Stephen Lendman

Plan A failed. Watch for Plan B.

Cyprus is tiny. Its population numbers about a million. Its GDP is miniscule by Western standards. It's 0.2% of Europe's economy. It's entrapped under Eurozone straightjacket rules. 

They impose financial tyranny. Dissimilar countries surrender monetary and fiscal control. Doing so abandons effective ways to combat recessions.

They can't devalue their currencies to make exports more competitive. They can't print money freely. They can't spend, spend, spend.

Euro policy expert Bernard Connolly explained more.

His 1995 book titled, "The Rotten Heart of Europe: The Dirty War for Europe's Money" called the euro system a harebrained idea. It's doomed to fail, he predicted. 

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8

 

Rate It | View Ratings

Stephen Lendman Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The McCain-Lieberman Police State Act

Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Planning Now

Continuity of Government: Coup d'Etat Authority in America

America Facing Depression and Bankruptcy

Lies, Damn Lies and the Murdoch Empire

Mandatory Swine Flu Vaccine Alert