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article imageReview: The Euro crisis — in plain English, and Farsi Special

By Alexander Baron     Apr 7, 2012 in World
London - On Good Friday, your intrepid correspondent appeared on Iranian television with another political analyst to comment on the Euro crisis with especial reference to Greece. A lively debate ensued.
The video of this programme, courtesy of Islamic Republic of Iran Broadcasting, was uploaded to Archive.Org in the small hours.
How does political analyst Alexander Baron sound? A lot better than political analyst Chris Bambery, that's for sure! The day before this broadcast, a 77 year old Greek man committed suicide in dramatic fashion by shooting himself in the head. This reminded me of the suicide of Jan Palach, the Czech patriot who set himself on fire during the Soviet invasion of his country. I got the date wrong; although the Soviets invaded in August 1968, Palach's heroic act was carried out the following January.
It is fair to say that while there was quite a lot of common ground between Bob Ayers and myself, there were also a lot of differences, primarily because I understand money, and he doesn't. Like me he is unenthusiastic about the gold standard, and isn't keen on sanctions against Iran, but he is very much in the mainstream of economic thinking. What we need is root and branch reform, which is nothing short of a revolution. Presenter Amir Tahouri assisted us with a lot of intelligent questions.
The situation in Greece, Europe and indeed the entire world has been caused by national governments abdicating the creation of credit to a privately owned cartel, which is why we have so much debt. There shouldn't be any debt at all, because governments should not borrow, period.
We covered a lot of ground in this nearly 60 minutes, and the reader is referred to previous articles relating to Major Douglas, and the educational work being carried out by Positive Money to appreciate where I'm coming from. Also to the FinancialReform website, in particular to my correspondence with the Treasury and the Chancellor of the Exchequer to which I allude early on.
The photos below are screengrabs from the broadcast. Some astute readers may notice I am wearing my Party Poker hooded sweatshirt, not for Trayvon Martin this time, but because a discussion about the corrupt debt-based money system is akin to a discussion about gambling. The big difference is that if you play poker on-line, you may win occasionally, but in the financial casinos, the banksters and the speculators win all the time, and it's us poor saps who pay for their free ride.
A still from a debate on Iranian television. Amir Tahouri is in the chair.
A still from a debate on Iranian television. Amir Tahouri is in the chair.
A still from a debate on Iranian television. Amir Tahouri is in the chair; Alexander Baron and Bob A...
A still from a debate on Iranian television. Amir Tahouri is in the chair; Alexander Baron and Bob Ayers give their views on the bailout of the banksters. This was recorded live from 5pm at the Acton, West London studio of IRIB on Good Friday, April 6, 2012 - the first day of the tax year. The surgical collar is because every time I think of the banksters I get a pain in the neck.
A still from a debate on Iranian television. Amir Tahouri is in the chair; Alexander Baron and Bob A...
A still from a debate on Iranian television. Amir Tahouri is in the chair; Alexander Baron and Bob Ayers give their views on the bailout of the banksters. This was recorded live from 5pm at the Acton, West London studio of IRIB on Good Friday, April 6, 2012 - the first day of the tax year. This photograph is of Bob Ayers.
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