Yea, that’s my assessment as well. The current government is socialist, and they have no effective ideals for cutting spending. It’s like asking a pig to fly... the pig looks at you and says “WTF? Really?”
The problem for Greece is that they have no other political culture except “left” and “further left.” There is no notion of “make your own money.” There’s only leeches and those who have money or property and are dodging taxation because they’re tired of being taxed blind to support deadbeats.
Their economy is swirling the drain right now. They’ve passed well beyond the point where they can earn their way out of their sovereign debt obligations.
Hey Dave...does Greece actually produce anything other than tourism? I’m to lazy tonight to check....recollection says little if anything.