Send a Tweet
Most Popular Choices
Poll Analyses
Share on Facebook 2 Share on Twitter 1 Printer Friendly Page More Sharing
OpEdNews Op Eds   

The Pain in Spain

By       (Page 1 of 7 pages) (View How Many People Read This)   No comments
Author 194
Message Stephen Lendman
Become a Fan
  (192 fans)

This piece was reprinted by OpEdNews with permission or license. It may not be reproduced in any form without permission or license from the source.

The Pain in Spain

Spain is one of many troubled Eurozone economies getting worse, not better.

by Stephen Lendman

Ireland, Portugal, Italy, Belgium, are Spain replicate Greece in slow motion, gain speed, and head toward a similar train wreck. France, the Netherlands, and other troubled EU economies follow close behind.

Austerity cuts exacerbate problems. Public rage expressed in strikes and street protests follow. Politicians pay no heed and plan more. 

At the same time, they allocate hundreds of billions in vital revenues for criminal bankers responsible for the crisis in America and across Europe. 

No wonder John McMurtry calls predatory capitalism a "cancer system." It gets "cumulatively worse the longer it is unrecognised."

On March 31, the European Financial Stability Facility (EFSF) pledged an additional 200 billion euros for the European Stability Mechanism (ESM). It raises its total amount to 500 billion euros. Its overall firewall totals 800 billion euros, or does it?

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

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

 

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

[My newest book as editor and contributor is titled "Flashpoint in Ukraine: How the US Drive for Hegemony Risks WW III." www.claritypress.com/LendmanIII.html]

Stephen Lendman was born in 1934 in Boston, MA. In 1956, he received a (more...)
 

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

To View Comments or Join the Conversation: