Debtocracy and Catastroika

It is an honour for me that I can share with you the documentary movies, Debtocracy and Catastroika. both by Katerina Kitidi and Aris Chatzistefanou.

Debtocracy focuses on two points: the causes of the Greek debt crisis in 2010 and possible future solutions that could be given to the problem that are not currently being considered by the government of the country.

In the nineties of last century “Catastroika” became synonym of Russia’s complete destruction by market forces; the sell off of public property; and the steep deterioration of citizens’ living standards. Catastroika’s unit of measurement was unemployment, social impoverishment, declining life expectancy, as well as the creation of a new cast of oligarchs, who took over the country’s reins. A few years later, a similar effort to massively privatize public property in unified Germany (which is presented as a model for Greece) created millions of unemployed and some of the biggest scandals in European history. It is this “Catastroika” that is coming soon to Greece. This movie is the logical aftermath and continuation of “Debtocracy”.

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