The failure of the ECB IMF deal and what they are up to

paul
Tue, 30 Nov 2010 18:50:26 +0000
Capitalist crisis, EU periphery, Eurozone, IMF, Economy, National, Newsroom, News

If we accept that this deal was never meant to provide justice to the people of Ireland, then we have to judge its success or failure on other grounds, the ones it was designed to fulfill. From that perspective the willingness of the rulers of the French, Germans, British and others to drive countries like Ireland and Greece and Portugal, each of us less than 2% of the Eurozone economy, into ruination is understandable, albeit unforgiveable. Just as there is no honour amongst theives, so there is no solidarity amongst capitalists.