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Greece: if austerity doesn't work... Try more austerity! | 287 comments (287 topical, editorial, 0 hidden)
Re: Now it's French banks (4.00 / 2)
The Greek protesters could be having some effect. They are to give money to Greece and see the Greek populace reject it?

Just as the accusations that Greeks are layabouts, etc., coming from Merkel had their impact.

How much more punishment would the average Greek citizen have withstood if Bini Smaghi, Weidmann, Merkel and Stark resisted the urge to act smugly superior? Without a doubt, MORE!

The whole edifice is built on mutual mistrust. It will therefore crumble.

by Upstate NY on Wed Jun 15th, 2011 at 07:30:23 PM EST
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Greece: if austerity doesn't work... Try more austerity! | 287 comments (287 topical, 0 editorial, 0 hidden)
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