Tim Jones's blog

Understanding the significance of the Greek debt crisis

Understanding the significance of the Greek debt crisis

It is not the people of Greece who have benefitted from bailout loans from the IMF, EU and European Central Bank, but the European and Greek banks which recklessly lent money to the Greek State in the first place.

The G8, corporate economics and the Arab Spring

The G8, corporate economics and the Arab Spring

The G8 summit of world leaders in France in May 2011 announced billions of dollars of 'aid' for the Arab Spring. Yet it was the G8 who armed and financed the dictators of Egypt and Tunisia, who have now been overthrown.

Debt, gold and the IMF windfall

On 6 April 2011 the International Monetary Fund is meeting in Washington DC to discuss for the first time how to spend a $3 billion windfall from selling gold and lending more money since the financial crisis.