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New York Times correspondent Rachel Donadio gives us an update on Greece's political and economic crisis.
Let Greece have their vote.
They're being held captive (sarcasm) by the EU who wants to give them another $180 billion in debt reduction and new aid. And what are they being asked in return? To wake up from their fantasy world where hair-dressers can retire at 55, 10 years earlier then their German counterparts. And who will pay for it? Well, the NAZI Germans who are still working, of course...(as they popularly portray the German workers in the Greek papers - oh, and if they're working, they were probably born after WWII since it ended 66 years ago).
If Greece wants to wake up, return to reality, accept the austerity with the assistance, great! If Greece wants to instead default and therefore not have ANY money left for paying pensions and public workers and see how life in bankruptcy is, so be it. Europe should stop basing their whole future though on an outlier economy the size of Massachusetts.
I have not heard anyone comment on this so far, and it seems utterly outrageous to me. Why is asking the Greek people if they want to be further crippled by draconian austerity measures a problem? This is just another example of how financial power has completely corrupted our idea of governance. The people have zero power and zero say in the face of the mighty (insert your form of currency here).
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