ROAR on RT: “Spain should repudiate its debt”

by Jerome Roos on October 2, 2012

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“To end austerity, Spain should heed the lessons of Argentina, Ecuador and Iceland — and default on its debt,” says ROAR founder Jerome Roos on RT.

Europe faces a lost generation as youth unemployment reaches its highest level in EU history. ROAR founder Jerome appeared live on RT to discuss the humanitarian tragedy unleashed by austerity — and what can be done about it.

“Clearly things can’t continue the way they are now. Spain would do very well to heed the lessons that were learned in the past decade from three other countries — Argentina, Ecuador and Iceland — each of which defaulted on part of its external debt.”

Watch the full interview here:

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