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Einde van de euro?: oorlog van 'de markten' tegen de mensen

Frank Roels (UGent)
(2010) De Morgen. p.17-17
Author
Organization
Abstract
Speculation on the money markets against government bonds of Greece, then of Ireland, Spain, Portugal... has raised the interest rates these countries have to pay. Rating agencies repeatedly lower the solvability of states. Many media predict the end of the present eurozone, unless severe austerity measures reduce government spending. But why must it go that way? Why can speculation with government bonds not be forbidden? The Glass-Steagall act once forbade stock market speculation using peoples savings. Why can governments not reduce their deficits since they give tax reductions, and the private sector distributes billions of net profits? If there were a war going on, security measures to save the nation would be taken without discussion. Indeed, a war is taking place between the money markets and the people.
Keywords
net profits, tax deduction, corporate taxes, Glass-Steagall Act, Manuel Barroso, Herman Van Rompuy, Standard & Poors, Moody's, Fitch

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Citation

Please use this url to cite or link to this publication:

Chicago
Roels, Frank. 2010. “Einde Van De Euro?: Oorlog Van ‘De Markten’ Tegen De Mensen.” De Morgen.
APA
Roels, F. (2010). Einde van de euro?: oorlog van “de markten” tegen de mensen. De Morgen.
Vancouver
1.
Roels F. Einde van de euro?: oorlog van “de markten” tegen de mensen. De Morgen. 2010. p. 17–17.
MLA
Roels, Frank. “Einde Van De Euro?: Oorlog Van ‘De Markten’ Tegen De Mensen.” De Morgen 2010 : 17–17. Print.
@misc{1093222,
  abstract     = {Speculation on the money markets against government bonds of Greece, then of Ireland, Spain, Portugal... has raised the interest rates these countries have to pay.  Rating agencies repeatedly lower the solvability of states. Many media predict the end of the present eurozone, unless severe austerity measures reduce government spending. But why must it go that way? Why can speculation with government bonds not be forbidden? The Glass-Steagall act once forbade stock market speculation using peoples savings. Why can governments not reduce their deficits since they give tax reductions, and the private sector distributes billions of net profits? If there were a war going on, security measures to save the nation would be taken without discussion. Indeed, a war is taking place between the money markets and the people.},
  author       = {Roels, Frank},
  issn         = {1374-7916},
  keyword      = {net profits,tax deduction,corporate taxes,Glass-Steagall Act,Manuel Barroso,Herman Van Rompuy,Standard \& Poors,Moody's,Fitch},
  language     = {dut},
  number       = {28 december},
  pages        = {17--17},
  series       = {De Morgen},
  title        = {Einde van de euro?: oorlog van 'de markten' tegen de mensen},
  year         = {2010},
}