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‘Tombstone’ Politics in Greece

    • Are you trying to be facetious with this statement? It is apparent that you know nothing about what they are doing.
      "The hardest working politicians in Europe today are the Greek party whips whose leaders have agreed to support a new rash of austerity."

    • offer them something hopeful like a permanent olympic site i

    • offer them something hopeful like a permanent olympic site

    • Merkel and the IMF are pushing Greece into a the arms of the Left party which is not obliged to sign the treaty.
      Greeks in the upcoming elections will vote the party that has not signed the treaty and provides a solution for viability of the Greek people (Not the viability of the debt or the political system)
      So the demands of frau Merkel atc for signatures by the three political leaders are in vain. The Troika (this bunch of amateur blackmailers) is negotiating with the wrong people.

    • Even if the Greek parliament okays these austerity measures, what is to prevent a new parliament from repealing this measures following the spring elections?

    • This is what happens when you give away too much. And this is exactly what this administration is trying to do.

    • These austerity measures come on top of several goes at austerity measures that have dragged the Greek economy down with them. The UK economist Shaun Richards thinks that they have contributed to Greece now being in an economic depression.

      "Regular readers will no doubt have spotted that the same failed medicine of public sector austerity is being applied again which so far has led to a shrinking economy which has led to the need for extra austerity and repeat. So let us take a look at the underlying Greek economy to see how it would be impacted by this."

      He thinks Greece could revisit the 1930s...

    • Greece might as well promise whatever and get the 130 billion bailout and then totally default. They will go back to the drachma after defaulting on all their debt, but at least they will have another 130 to give to public employee union members. They can continue to lie to other Greeks about fiscal responsibility, but will have sucked well over a trillion euros out of the rest of the zone as a result of lying to their neighbors about their economy. It will take a generational shift to get a new set of idiots who will give Greece money based on promises, which will never be kept, to reform.

    • How can any competent economist claim that the austerity measures undertaken by Greece is resulting in the deep recession when Greece has failed to implement the austerity measures they agreed to for their first bailout? Why are the other countries who agreed to austerity to obtain bailouts -- Ireland and Portugal -- not in as deep a recession as Greece?

      These "economists" who ignore the facts and make conclusions based on their biased view of incorrect facts are worthless. Germany and the other Eurozone countries are fighting for a brighter future for the Greeks, which is more than the Greeks and their politicians have done.

    • First, the EU takes the spirit of Greece (i.e. Metaxa)

      Now, the EU goes after the body (i.e. the legislative body controlling Greek Sovereignty)

      Next, the EU will go after the Greek minds (better brush up on your German)

      Operating under a dual currency (euro / dracma) structure would mitigate this. It works for Russia (usd / rubles), Lebanon (usd / lira), and Panama (usd / balboa).

      Let's not also forget about the Brady Bond structure that was successfully used by Mexico, Brazil, Colombia, and the Philippines...

    • This is genocide

    • Who's going to bail out the United States?

    • So, this bunch of politicians will vote for the austerity package, the Greeks will get their $150 billion, these guys will be defeated in the election in a couple months, and the new parliament will repeal the austerity measures. You heard it here.

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