Greeks protest new taxes

September 28, 2011 § Leave a comment

Greeks protest taxes. London riots. Protesters at Wall street. If it were only historical cycles. This time the system is in much worse shape. it’s not oppression that has galvanized protesters; not party allegiances; not even social movements. It’s the very real and tangible costs of a system collapse. Costs paid by citizens in draconian measure. Costs inherited from years of growth unsustainably leveraged. Not values, in other words, but the absence of value: debt.

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