Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Monday 29 August 2011
Greek Economy May Need Further Financial Help
To avoid a financial meltdown, the European Central Bank has spent nine billion dollars to protect Italy and Spain. In Greece as the new financial forecasts show the economy is still shrinking, the European Union and the International Monetary Fund are discussing whether the government has done enough to warrant more emergency funds. Al Jazeera's Barnaby Phillips reports.
