Former Prime Minister Papandreou Speaks Truth to European Power | The Global Journal

The morale of the markets as well as the morale of the Greek people was undermined. There was a sense of inevitable failure: our difficult Odyssey suddenly seemed to become a Sisyphean task. But if we look at the facts, Greece had made major changes and improvements in very short time - to say nothing of the unprecedented reduction of the deficit by 5 percent in one fiscal year. 

It was, however, quite convenient for some EU members and the Troika to attribute this impasse in the markets solely to a lack of effort on Greece's part: Greece soon became the easy scapegoat.

This further de-legitimized the program in the European public and in the eyes of the Greek public. Not only were Greeks already feeling the pain - now they were also being told that they were failing.

The markets, analysts, politicians, then began to predict a default or an exit from the euro. 

Oh no, a night without football !!!

Whatever will I do ?

keep to the Fen Causeway

I feel like I have awoken from a deep slumber.  You may recall my post yesterday about finding a useful source for my literature review.  Well, I ended up downloading the original mammoth publication by the same authors.  Of course it has an extensive bibliography with many up-to-date sources I wasn't yet aware of (actually some are by people I have collaborated with in the past - which makes me wonder why they didn't have to courtesy to tell me they had published anything recently!).  Anyway, to make a long story short, my summer reading list has just expanded exponentially.

"Beware of the man who does not talk, and the dog that does not bark." Cheyenne

Twitter / LordMcConnell: Told a fellow Lord today I

Told a fellow Lord today I thought the scandal about him was very unfair reporting by the media. He panicked. I had the wrong person. ‪#oops

Any idiot can face a crisis - it's day to day living that wears you out.