Thread: Greece
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Old Oct 20th 2014, 06:05 PM
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Michael Michael is offline
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Default Re: Greece

Originally Posted by Dominick View Post
The -forced- privatizations have a disappointing effect in that public assets are sold to the very same Greek oligarchs who caused the problem in the first place, for prices much too low, by politicians who are bought and sold by them.
This is a definite pattern that shows up in lots of places. Seems to be the standard operating procedure of a large 'grifter' industry that earns profits through manipulating politics for private gain.

The tactic is a common one - it was rampant in the USA in the 1970's with inner-city 'renewal' projects - seeking to turn neighborhoods into ghettos so they could then be purchased cheap, bulldozed and redeveloped for massive profits.
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