Europe is now a bankocracy

The ECB’s bid to strangle Greece’s banking system proves that Europe is run in the interests of creditor banks

A protester waves a Greek flag outside the Greek Parliament in Athens last week, in protest against the troika. Picture: Getty
A protester waves a Greek flag outside the Greek Parliament in Athens last week, in protest against the troika. Picture: Getty

Iam queuing in the cavernous aisle of Right Priced, a wholesaler in George Town, the capital of the Cayman Islands. Around me, poor black Caymanians are stocking up too, served by Filipino immigrants. These are not the people you see in the glittering strip of bars and hotels that service the massive ex-pat population ...