Debt, austerity, devastation: it’s Europe’s turn

Jay OwenReforming Global Finance

As the creditors get fatter, the innocent are punished. Susan George laments a leadership subservient to big business. Like plague in the 14th century, the scourge of debt has gradually migrated from South to North. Our 21st-century Yersinia pestis isn’t spread by flea-infested rats but by deadly, ideology-infested neoliberal fundamentalists. …