Michael Parenti

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some ideas about what is Socialism – part 3

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Whitewashing the IMF’s Destructive Role in Greece

Published on Counterpunch, by MICHAEL HUDSON, Aug 31, 2015.

This autumn may see anti-austerity coalitions gain power in Portugal, Spain and Italy, while Marine le Pen’s National Front in France presses for outright withdrawal from the eurozone. These countries face a common problem: how to resist the economic devastation that the European Central Bank (ECB), European Council and IMF “troika” has inflicted on Greece and is now intending to do the same to southern Europe.   Continuer la lecture de « Whitewashing the IMF’s Destructive Role in Greece »

Economic Destabilization, Financial Meltdown … Shanghai Stock Market?

Published on Global Research.ca, by Prof Michel Chossudovsky, Aug 26, 2015:

The dramatic collapse of the Shanghai stock exchange has been presented to public opinion as the result of a spontaneous “market mechanism”, triggered by weaknesses in China’s economy … // Continuer la lecture de « Economic Destabilization, Financial Meltdown … Shanghai Stock Market? »