Thread: The Economic Crisis Ends; the Political Crisis Begins

The Economic Crisis Ends; the Political Crisis Begins


by Shamus Cooke
Global Research
December 24, 2009



First Iceland, then Ireland, now Greece. Much of Europe is mired in inescapable debt and bankrupt nations, the result of crashing banks, bank bailouts, and soaring unemployment. The U.S. and U.K. watch from a distance, knowing their turn is next.

The European corporate-elite — like their American counterparts — lavished non-stop praise on the “bold yet necessaryâ€