Thursday, 23 August 2012

# 193 - WAR - BBC Business News website.

On the BBC Business news website is a guide to the causes of the Eurozone crisis. It blames the build up of debts in Spain and Italy but says it 'had noting to do with governments'.

Those at fault apparently were the private sector - companies and mortgage borrowers who took out unaffordable loans leading to a 'debt-fuelled boom.'

So the BBC Business website attaches no blame to the Greek government that cooked the books to enter the Euro or to the Spanish and Italian governments which spent money they hadn't got.

This reporting is pure 100% bias.

The BBC loves to hit the private sector if it can while parading its Guardian credentials.

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