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[BEST OF] Capitalist Chaos and Crimes: The Great Recession of 2008

Rev Left Radio

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The Left's Reaction to the Euro Crisis

Greece had a high debt at this time but they accumulated most of that in the 80s and 90s actually so way before the euro. The result of it was very harsh austerity which is particularly bad in the case of the euro zone structure. This really put the strain on these countries and really kind of intensified the kind of you know um uh worse in material circumstances there. i think it's not my very much of a stretch to say had very directly kind of precipitated both the reaction on the left for example seriza and greece  for a time was seen as a sort of alternativeUh podermos or dylinka in germany.

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