Jul 12th, 2015 by progressiveradionetwork
Standing up to economic bullies; that’s what the people of Greece voted to do. The creditor cartel, led by Germany, was determined to keep the screws tight, allowing for no restructuring of their unaffordable debt. But though the rejection of imposed-from-above austerity ventures into uncharted territory, the people, by a wide margin, voted to restore democracy in economic decision making. Just Foreign Policy’s Robert Naiman explains how this may relate to restoration of democracy in the US, and what this all may mean as an issue on the 2016 presidential election.