Greece: tragedy, comedy or tragycomedy?

First, Greeks voted to opt out of the bailout process. Then negotiations were on until the negotiators walked out. Then they came back and now there is an agreement.


But, but, but! Is there really an agreement?


On one side, the Greek Parliament has to agree to conditions they specifically said they could not accept - conditions that were voted down in a referendum. On the other side, Finland and Germany have to agree and accept the idea that the Greeks really mean it this time. Then there are the facts on the ground. Greek banks are insolvent and the Greek economy is devastated. Greece can not pay its debts. The proposed bailout would add another $100B debt to Greece's $350B debt. We may be pardoned if we are skeptical that it will work.