per silentium ad as†ra mille - Markets Not Capitalism [entries|archive|friends|userinfo]
باب

[ userinfo | sc userinfo ]
[ archive | journal archive ]

Markets Not Capitalism [Apr. 16th, 2012|02:00 am]
Previous Entry Add to Memories Tell A Friend Next Entry
LinkLeave a comment

Comments:
[User Picture]
From:[info]dooora
Date:April 16th, 2012 - 02:27 am

Latvijas vārds pasaulē

(Link)
[User Picture]
From:[info]brookings
Date:April 16th, 2012 - 02:04 pm

Re: Latvijas vārds pasaulē

(Link)
It seems to me that fraudulent conveyance aptly describes both the corporate junk-bond raiders and the IMF/EC bailout of Latvia - both financed by the issuance of debt by entities that can access funds created as debt, who then strip national (or company's) assets and cut the populations benefits/pay/pensions (or workforce's pay) to pay back these debts - a clear leveraged take over of a country.