Monday, June 15, 2015

Greeks Continue to be Out of Other People's Money

It seems like their playing a protracted game of chicken with the rest of the EU (and Germany in particular), 'If you don't give us more time and money, we'll crash into you head first, and then won't you be sorry!'

Greeks demand end to creditor 'looting' after talks break down
In his first public comments since the talks broke down, Prime Minister Alexis Tsipras on Monday said Greece would wait for its creditors to become more realistic and accused them of making unreasonable demands for political ends.

"One can only see a political purposefulness in the insistence of creditors on new cuts in pensions after five years of looting under the bailouts," Tsipras said in a statement to Greek newspaper Ton Syntakton.

"We will await patiently until the institutions accede to realism," he said. "We do not have the right to bury European democracy at the place where it was born."
You're banking a lot on a memory of a 2000+ year old culture, that you haven't been for a long time.

My free advice to the EU? Kick them out quick and take the losses, it'll save time, money and aggravation in the long run. 

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