“The Greeks have chosen to end Greece. Socialists will destroy the country-it’s already pretty far gone.
The Greeks have realized that Brussels and Germany do not have the best interests of Greece in mind. Austerity has devastated their country.
While the party that won may not be capable of governing, the major parties that lost have already proven they are incapable of governing.
The Greeks could watch the slow demise of Greece, or take a chance. The only pathway out now is to exit the EU, renounce their sovereign debt and restructure their laws and economy. No matter what they do, they will have a tough go of it.
If they leave, they will only be the first nation of several that end up leaving.
We watch from afar as the Sovereign Debt Crisis hits Europe. Money will flow here to escape, pushing up our own dollar... until it no longer does. Then America will face the consequences for her own debt and failure to restructure.
Starting in October, this will turn ugly.
“The Greeks could watch the slow demise of Greece, or take a chance. The only pathway out now is to exit the EU, renounce their sovereign debt and restructure their laws and economy. No matter what they do, they will have a tough go of it.”
One policy to institute at the start: a flat income tax of say 20% that will be collected on all incomes regardless of source and that spending will be limited to the revenue obtained. Put a stop to tax evasion and control spending.
Does anyone know if there was a time since 1960 that Greece had a sustained period of economic growth?
“Austerity has devastated their country.”
That is just a consequence of decades of living high on the hog. And correct me, if I am wrong, but I got the impression from your post that you think that the Greek commies may be the first in history that will be capable of governing. That hope and change works miracles...
To put it in other words, before 01/25/2015 Greece was standing at the edge of the abyss. After 01/25/2015 the country made a great step forward.