Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
The problem of radicalization isn't only in play in Greece. The whole of Europe is starting to radicalize (or at least show signs of it). You are right that the Greek aren't necessarily suffering for their own sake. One proposed solution is that Greece gets out of the euro zone and goes bankrupt. If they start printing more money to pay of debts I am afraid we will see hyperinflation like in Germany during the crash of the 1930s.
The greatest problem is that the system needs reforming, but nobody has the courage or knows how. And being human, we do what we do best when we don't know what to do; nothing. ps. sorry for the late reply
- The greatest problem is that the system needs reforming, but nobody has the courage or knows how. And being human, we do what we do best when we don't know what to do; nothing.
I agree that Europe and the ECB are paralyzed, but Greece doesn't have the luxury to wait and see anymore. IMHO if Greece is to bow out, they need to do it swiftly, and while it doesn't seem inevitable. Everyone knows that they cannot pay off the debts they do owe. It's my guess that they will leave the Euro in the next few months. You might be right about the hyperinflation. Crazy times.