Friday, June 15, 2012

How doomed is Greece?

According to Business Insider, it would be more correct to ask since when Greece is doomed. And boy, it's been for a long time. Today a couple of paragraphs of a French book about Greece were featured, and the recount of facts *of 1858*(!) looks suspiciously resembling the current ones. Profligate spending, tax evasion was already the national sport, and the broke country was already at the mercy of its debtors. When such things are so deeply ingrained in the national psyche, it is impossible to enact a working social contract. Nobody wants to play the fool if knowing that there's another willing and able to take advantage.
Enhanced by Zemanta

No comments:

Post a Comment

I hate these days. People are telling you to STFU. Just say it, no matter how stupid or offensive it is.