Who runs Greece?

Who will benefit from the new set of Greek austerity measures, which got a violent response from the crowd on Sunday? Author and consultant Adrian Salbuchi says it’s the bankers, who are responsible for the economic downturn in the first place.

There are two key questions that have to be asked, he told RT, the first of which is who runs Greece.

Is it the Greek people? Or is it the IMF? The European Central Bank ?The European Union? Germany and the private bankers? And I ask this question because Prime Minister Lucas Papademos is a member of the trilateral commission, which is one of the power groups where you also have the top brass members, the top brass of Deutsche Bank, Dresdner Bank, Santander Bank, Goldman Sachs, Citicorp… So you figure, will Mr. Papademos prioritize the interests of the Greek people or the interests of the bankers?"

The second question, according to Salbuchi, is who all this money is owed to. The sovereign debt crisis, he notes, happens time and again.

Are bankers that stupid that they always make the mistake of lending too much money to countries? And are governments that stupid that they take loans for much more than they can pay back? Or I insist is this part of a model where, like Shylock’s pound of flesh, the unpayability of these sovereign debts is later used to control entire countries?

Salbuchi concluded by saying that all governments struggling with the sovereign debt crisis have to make a choice whether to serve the people or the bankers.

All governments, whether it’s in Greece, in Italy, in Spain, in the UK, in Argentina, all governments today have two choices: they can either govern for the people, or they can govern to favor the bankers and that means that they will always be against the people.


Thousands took to the streets of Athens in response to a new set of government-backed austerity measures on Sunday. The protests turned violent with buildings set ablaze and demonstrators clashing with riot police.