Tuesday 4 September 2018

The utter disgrace of Greece

Simon Wren-Lewis goes to town on the policies that were imposed on Greece by the Troika based on that evil classical economic theory. Evil is a bit much you say.
No Greece experienced conditions far worse then the Great Depression.
It was an utter disgrace and no-one appears to have learnt from this most terrible lesson.

We knew exante and of course expost the recommended policies would worsen Greece's situation yet they still went ahead anyway.

Here is Frances Coppolla from early 2016.

As I said an utter disgrace.

There are people who do have blood on their hands

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