Every day with increasing intensity, one sees pictures and reports in the press of the bloody suppression of riots and strikes in Greece !!! Why ?
For more than two years the EUROZONE has been injecting Greece with Billions of Euros of "aid" with draconian conditions aimed at curing structural economic faults. Why has this had no effect ?
The answer is partially that only 75% of the population in Greece has been skinned alive !!! The other 25% is comprised of Politicians and State Employees whose salaries and pensions have remained intact.
The proportional representation rules in Greece also ensure that the main parties receive additional seats in Parliament.
There are other reasons why Greece should never have been aided in the first place; were their accounts really accurate when they applied to adopt the EURO ?
What is clearly obvious now is that Greek politicians prefer more EU "aid" rather than to proceed with a mamouth devaluation, abandon the EURO, and adopt the "new" Drachma. That could hurt everyone !!!
EU politicians must force the issue otherwise there will be no money left in the Stability Fund to help other countries like Spain and Italy !!! Let us not forget that the German coffers and reserves and patience do have a limit !!!
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