Guess the Greeks are living the word-for-word, Atlas Shrugged. The Brain Drain, Who is left to run the country and create jobs? The Government, yea right, lets see how that works out. Oh wait another country tried that, it did not work out so good. But those who fail to learn form the past are doomed to repeat the same mistakes,
Lived there in Athens for just shy of two years. I could tell all kinds of stories. I thought the EU was stupid to have invited Greece in the first place as they are one of the most rabidly socialist countries in Europe! During my time, I saw teachers' strikes, transportation strikes, garbage strikes, etc. - all from the public sector which already made WAY more money for less work than the private sector.
What is really telling to me is that they've already gone through one round of economic turmoil and for some reason they think it's going to get better. Sheer stupidity, but entirely predictable.
BTW - if you are planning on visiting as a tourist in the next few years, send me a message and I'll tell you the best places to visit.
It will be interesting to see what happens to the Euro in other countries if Greece goes back to the Drachma... Italy (or more accurately, Italians) have had issues with cost of living and financial issues since having to live on the (far wealthier) northern European economy, and have talked for some time about pulling out as well... I'm not sure what some of the other countries will do, but my feeling is it won't bode well for the Euro.
While I don't think this is "the end of Greece" - they've been going through a major upheaval for a few years now, and have ridden out worse crises than this - following the Marxist model (which is a proven failure) will make people long for "the good old days". When Syriza fails (and it's pretty much a given it will eventually) the real question is - what will replace it?
Human history seems to ebb and flow like the tide. When Reason and Logic rule great explosions of knowledge erupt; the libraries at Alexandria, the golden age of Pericles, the Renaissance, America. When Emotions and Superstition reign the four horseman of the apocalypse are unleashed; the Socialist experiments of the 20th Century, the rise of jihadist Islam. We are blessed and cursed at once to have reaped the benefits of 900 years of Reason and Logic while being forced to witness their ebbing away.
My boss is from Thessaloniki, and agrees that today's election in Greece will mark the official end of Grecian civilization. He expects the Euro to go down early this week, along with Greece.
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The Brain Drain, Who is left to run the country and create jobs?
The Government, yea right, lets see how that works out. Oh wait another country tried that, it did not work out so good. But those who fail to learn form the past are doomed to repeat the same mistakes,
What is really telling to me is that they've already gone through one round of economic turmoil and for some reason they think it's going to get better. Sheer stupidity, but entirely predictable.
BTW - if you are planning on visiting as a tourist in the next few years, send me a message and I'll tell you the best places to visit.
While I don't think this is "the end of Greece" - they've been going through a major upheaval for a few years now, and have ridden out worse crises than this - following the Marxist model (which is a proven failure) will make people long for "the good old days". When Syriza fails (and it's pretty much a given it will eventually) the real question is - what will replace it?