4 ms·
The EU is very vocally anti-totalitarian or racist, and Greece's people were betrayed by its own government when it colluded with accounting firms to ensure Gre
by mattlutze 11y ago
The EU is very vocally anti-totalitarian or racist, and Greece's people were betrayed by its own government when it colluded with accounting firms to ensure Greece's entry to the Euro. Which, then, because Greece wasn't economically strong enough to compete with the larger, less social-welfare-reliant Northern European countries, led to the need for massive financial intervention and the mess the Greek youth are now today left with.
All for the egos of some politicians who wanted to feel important. The Pasoak leaders from the late 90's / early 00's should be ashamed of their short-sighted greed.
It very well might be the best thing for the long-term wealth of the Greek economy for it to exit the Euro and reestablish the Drachma, to better facilitate trade/labor growth with what would initially be the much more expensive Euro group. Manufacturing, generally, moves to places where labor and total production cost is cheaper, increasing the economic productivity of the region it moves to... this could only be a good thing.
- crdoconnor 11y ago>The EU is very vocally anti-totalitarian They've reduced the status of the last three Greek governments to hollow bureaucratic institutions which rubber stamp Troika diktats. That is not anti-totalitarian.
- dogma1138 11y agoThe EU excels at criticising others when it comes to it's own they are just as 'racist' as everyone else case and point their latest dance with illegal immigration from N. Africa, and their intervention in Libya to preserve Italian and French energy interests. There aren't many countries in Europe that can support the lavish social programme of the EU, yes Greece lied but so did Portugal, Spain, Italy, Ireland and many other countries. There is just as much blame to be placed on the big financial players as onto Greece at this point.
- sergiosgc 11y ago> yes Greece lied but so did Portugal, Spain, Italy, Ireland and many other countries. Absolutely false. There is no record of national account abnormalities on any country other than Greece.