

Who is saving whom: The financial crisis as a business model

Who is saving whom: The financial crisis as a business model

Many Europeans think of Greece as a country that has lived beyond its means and is unwilling to reform. “Who is Saving Whom?” reveals how the expensive, so-called rescue packages actually only rescued the creditors, the banks, the hedge funds and the insurance companies. The transformation of private debt into public debt has shaken lawful, socialist societies to their foundations.


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RT Team.