Not pynchon. John Lanchester · Once Greece goes…: Any hope for the euro? · LRB 14 July 2011

Kai Frederik Lorentzen lorentzen at hotmail.de
Mon Jun 29 05:01:37 CDT 2015


We're sharing OLD articles on the Greek crisis now?
OK, here's an instructive one:

http://www.nytimes.com/2010/02/14/business/global/14debt.html?pagewanted=all


  Wall St. Helped to Mask Debt Fueling Europe’s Crisis

By Louise Story, Landon Thomas Jr. and Nelson D. Schwartz


Wall Street tactics akin to the ones that fostered subprime mortgages in 
America have worsened the financial crisis shaking Greece  and 
undermining the euro by enabling European governments to hide their 
mounting debts.

As worries over Greece rattle world markets, records and interviews show 
that with Wall Street’s help, the nation engaged in a decade-long effort 
to skirt European debt limits. One deal created by Goldman Sachs helped 
obscure billions in debt from the budget overseers in Brussels ...


On 29.06.2015 10:58, Mark Kohut wrote:
> If interested. On The Greek crisis. By an economics-aware novelist, CAPITAL. Foreseen in 2011.
>
> http://www.lrb.co.uk/v33/n14/john-lanchester/once-greece-goes
>
>
> Sent from my iPad-
> Pynchon-l /http://www.waste.org/mail/?list=nchon-l
>
>

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