Ireland’s financial crisis has much in common with scores of countries across the developing world. The country has been brought to its knees by an enormous debt, which originated not with excessive public spending, but a footloose financial sector that gambled with the future of the country. Without so much as a vote, Ireland’s people found themselves on the hook for tens of billions of euros of reckless investments.The author explains how this happened.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Monday, January 30, 2012
Zombie banks are dragging Ireland into the ground
Click here to access article by Nick Dearden from Committee for the Abolition of Third World Debt.