And the Weak Suffer What They Must? Europe, Austerity and the Threat to Global Stability
In 2008, the universe of Western finance outgrew planet Earth. When Wall Street imploded, a death embrace between insolvent banks and bankrupt states consumed Europe. Half a dozen national economies imploded, and several more came close. But the storm is far from over…. From the aftermath of the Second World War to the present, Varoufakis [...]