Jerome Roos

Post image for Puerto Rico: a US debt colony hounded by hedge funds

Why was Puerto Rico allowed to default while Greece was not? Just follow the money: the default was on the poor, while US hedge funds profit once more.

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The Eurozone’s Pyrrhic victory over Greece

by Jerome Roos on August 11, 2015

Post image for The Eurozone’s Pyrrhic victory over Greece

The Eurozone has imposed a Carthaginian peace upon the Greeks, but the lessons of King Pyrrhus loom large: one more such victory would utterly undo it.

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Post image for Greece’s capitulation reveals deep conflicts within Eurozone

Rather than resolving the euro crisis, Tsipras’ unexpected U-turn has revealed deep conflicts among the creditors, who now fight over how to respond.

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Post image for Greece should reject the Eurozone’s latest ultimatum

Just two days after Greek voters rejected their creditors’ ultimatum, Tsipras is given another one. It’s time to follow the people’s lead and say NO.

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Post image for Greece’s resounding OXI shakes Europe to the core

The outcome of Sunday’s historic referendum marks a historic victory for people power — but with euro exit looming, Greece’s future remains wide open.

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Greece’s referendum: one no, many yeses!

by Jerome Roos on July 5, 2015

Post image for Greece’s referendum: one no, many yeses!

A victory for OXI would not just help restore a sense of dignity to Greece; it would strengthen the ground for anti-austerity struggles across Europe.

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Post image for On eve of referendum, Greeks refuse to give in to fear

The campaign of fear and lies by the political, financial and media establishment has backfired: as Greece prepares to vote, the fear is changing sides.

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Post image for Greece needs a Plan C: for the commons and communality

Whatever the outcome of the referendum, tough times are ahead. To survive, Greek society will need to reinvigorate the commons and communal solidarity.

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Post image for It was the creditors who pushed Greece over the edge

If they had truly cared, the creditors could have easily prevented a default. Sadly, they found it more important to punish Greece and set an example.

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The IMF defaulted on Greece a long time ago

by Jerome Roos on June 30, 2015

Post image for The IMF defaulted on Greece a long time ago

Even its own officials recognize that the IMF played a leading role in Greece’s economic collapse. It is time for the Fund to own up and pay its dues.

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