...we need to be aware that various EU treaties have to be abrogated, that the ECB statutes have to be radically changed, and that the EU has to be founded on other premises. Yet to achieve this, the balance of power has first to be changed through massive street mobilizations.I don't know if you can follow all the financial tricks that European banks use to enrich themselves, but it is clear to Eric Toussaint that the European Union and its institutions were designed for the welfare of the private banks and their owners, the capitalist ruling classes, and not for the benefit of the vast majority. Surprise, surprise!
I will continue to run all seven parts of the author's articles to shed some light on the dire debt situation that the private banks have laid upon Europe's working people. It is a situation that is still developing, and many think that it will deteriorate into a much deeper crisis. (For example, see this.)