VIDEO | Michael Hudson and Bill Black: A Greek Bailout Is Really a Bailout of Western Banks

U.S. political economists Michael Hudson and Bill Black tell The Real News Network that western financial institutions are keen to bail out Greece because if they didn’t, Greece’s existing creditors—other western financial institutions—would fail to recover money they previously lent to Greece.  ◊ truthdig.com  realnewsnetwork.com  July 1, 2015  ◊ https://youtu.be/U_AnI5dutGk?list=PLhvPB4lyc4dTIaS6FyeiQDHaYn4sN7pP3  The experts say the More