Paul Mason pulls no punches

7 January, 2011

The most recent post on the blog of BBC Newsnight’s economics editor Paul Mason is called “Timetable of the euro-showdown” and is very informative, albeit slightly worrying.

 As an aside, it includes this quote: “So the difference in this phase of the crisis is that what is driving the problem is not economic collapse and abject political mis-accounting (as per Greece) nor the collapse of a kleptocratic banking and property elite (as per Ireland), but collapsing confidence in the Eurozone’s authorities.”

Interesting to see Auntie Beeb’s man describing what we had as a kleptocracy.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: