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To: Mariner

“Now, the Greeks are free to starve on their own terms.”

If I had to starve under tyrannical oppression of a foreign government, or go through a tough transition to take control of my own fate, I’d choose the second - as Greece did.


31 posted on 07/06/2015 8:52:09 AM PDT by aMorePerfectUnion ( "Forward lies the crown, and onward is the goal.")
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To: aMorePerfectUnion
If I had to starve under tyrannical oppression of a foreign government, or go through a tough transition to take control of my own fate, I’d choose the second - as Greece did.

I agree with your sentiment 100 percent... but you're adorably and appallingly naive if you think Greece's populace or government will do ANYTHING to "transition" themselves back to growth. They routinely refuse to pass ANY austerity measures, growing numbers of Greeks are pretending to be handicapped to gain even more generous "free" benefits (claiming blindness is a current favorite), and they march whenever their representatives dare to threaten to actually cut ANY of their benefits.

They simply voted to avoid paying for the supports they've been given so far. Now they will collapse on their own, rather than while a member of the EU. The collapse IS coming. They won't reduce benefits, and they aren't a growing economy, so they will HAVE to print money now that the gravy train of foreign money will stop (unless China or Russia decide they want a colony on the Med). Once they print money, the value of that currency will quickly drop, and the death spiral begins.

35 posted on 07/06/2015 8:58:49 AM PDT by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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