Bill Mitchell: Bottom up reform in the EMU requires the abandonment of the Treaties

Ín 2014  Portugal’s Central Bank bailed out the Banco Espírito Santo, S.A with 4.4 Billion Euros. Banco Espírito Santo,  was, as so often the case when banks are “saved”, split into a bad bank with all […]

All money is created by the government. Taxpayer’s merely used government created money. Read here

This was a long time coming, but finally this discourse has transceded the Greek borders. Read here