More or less you know the story: European and global banksters get the money from all sources, fix the rates and conditions, and do not even have to run after all that because nobody is after them. Meanwhile the common citizens are being squeezed to the last drop of blood to pay for that scheme.
The Libor and the Euribor (the reference credit rates in the Anglosaxon and mainland European spheres respectively) have been tampered with for many years and there is nobody in jail for it, never mind resigning from their posts as bank heads... it's almost not even in the news anymore.
The Hong-Kong and Shanghai Banking Corporation (HSBC), a Scottish bank, is found guilty of systematical money-laundering and complicity with global drug-trafficking and what's the penalty? A petty fine. Euronews calls it "a hefty fine" but it's peanuts compared with the benefits already made. And what about the jail terms? If the petty drug seller down the street gets years of prison, the bank director who laundered his boss' dirty money should get at least death by impalement, right? Nope. They don't even go to court.
The latest is again being unreported: Greek banks are running a Ponzi scheme... but never mind, as Yannis Varoufakis puts it:
In a country where, supposedly, a new conservative, pro-European, ‘sensible’ government was freshly elected on a mandate of bolstering the nation’s credibility (at least in the eyes of Europe), this blatant attempt to bend the rules of bank recapitalisation (by means of a ponzi scheme where one bankrupt bank provides loans to another so that the latter’s ‘owners’ can inject the loans as capital into ‘their’ bank) went spectacularly unnoticed. Workers’ pay is reduced to sub-Saharan levels, hospitals are starved of chemo-drugs, ‘respected’ journalists lambast unionists who are trying to defend the starvation wages of unskilled labour but, when such a scandal directed at misleading the EBA, the ECB, the troika itself, is revealed, SILENCE. And as if that were not enough, the troika itself, the ECB, the EBA, whose will and directions are being usurped, also remain SILENT.
Nothing to see here: the whole financial system is bankrupt but if we ignore the matter it will go away... a thousand years from now... maybe.
Time to sharpen the pitchforks!