Friday, September 4, 2015

The New Colonialism: Greece and Ukraine

Click here to access article by Jack Rasmus from TeleSur
The new colonialism as financial asset transfer takes several practical forms: as wealth transfer in the form of interest payments on ever rising debt, in firesales of government assets sold directly to the colonizer’s investors and bankers, and in the de facto takeover the colony’s banking system and bank assets in order to transfer wealth to shareholders of the colonizing country’s private bankers and investors.
Ramos then goes on to explain to us how these weapons of the "new colonialism" inflict destruction on countries like Greece and Ukraine.