Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Hey, people are committing suicide in Greece. They are giving their children away to social services. You will say I exaggerate, but in 10 years time we'll look back to a debt crisis of Biblical proportions. Literally, as in Nehemiah 5
3 Others were saying, We are mortgaging our fields, our vineyards and our homes to get grain during the famine.

4 Still others were saying, We have had to borrow money to pay the king's tax on our fields and vineyards.

5 Although we are of the same flesh and blood as our countrymen and though our sons are as good as theirs, yet we have to subject our sons and daughters to slavery. Some of our daughters have already been enslaved, but we are powerless, because our fields and our vineyards belong to others.

6 When I heard their outcry and these charges, I was very angry.

7 I pondered them in my mind and then accused the nobles and officials. I told them, You are exacting usury from your own countrymen! So I called together a large meeting to deal with them

8 and said: As far as possible, we have bought back our Jewish brothers who were sold to the Gentiles. Now you are selling your brothers, only for them to be sold back to us! They kept quiet, because they could find nothing to say.

9 So I continued, What you are doing is not right. Shouldn't you walk in the fear of our God to avoid the reproach of our Gentile enemies?

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Carrie (migeru at eurotrib dot com) on Sat Feb 18th, 2012 at 04:45:43 PM EST
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