Sunday, August 9, 2015

Greece: here we go again.

Greece is on the brink of default again. It is time for another payment (to the ECB or IMF - doesn't matter) and Greece can not pay unless it gets another loan. And the troika tries to use that leverage to wean Greece away from Socialism. Do you see the irony in this? A democratic Socialist entity (Europe) trying to moderate a leftist party (Syriza) toward some fiscal responsibility. It's a losing cause.

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