I’ve read a lot of long articles about Greece’s monumental financial problems, but I don’t think I’ve seen a headline so adroit at summing up the crisis and its cause than this:

“Trillions Spent, but Crises Like Greece’s Persist”

Hopefully the Greeks can figure out a way to turn paradox into currency.

Comments

4 Responses to “New York Times succinctly and unwittingly sums up Greece’s problem”

  1. Marshall_Will on June 30th, 2015 10:19 am

    In all my time in the trenches as a Housing Bubble Justablogger, no debate raged hotter than:

    Was this a 'Housing' Bubble.., or a DEBT 'bubble'!?!? Fiscal conservatives like myself focused on the Tax Code Chicken while an equally adamant [mob] drove the Cheap Loan $'s Egg.

    The NEXT social fracturing comes at the hands of FERS/CSRS top heavy pensioners as they reflexively throw the military under the bus to appease the entitlement gods. In 3… 2…

  2. Marshall_Will on June 30th, 2015 11:20 am

    Wow, unless someone scrubbed and deleted any pro fiscal insanity tweets, they ran 100% negative.

    So let's push an unprecedented 'trade' bill in front of a financial meltdown? After all, Porkulus I & II worked out so well! Many tweeters noted that not unlike the Greeks, we have very little to SHOW for all this debt.

  3. play games on July 1st, 2015 5:17 pm

    Many economists and officials fear that without further financial support, Greece may have to abandon the euro, sparking a messy departure from the bloc. The European Union also hopes to avoid contagion from spreading to other parts of the 19-country eurozone after Greece’s decision over the weekend to shut down its banking system for at least a week to prevent money from flooding out of the country.

  4. bluezoowriters.com on October 22nd, 2015 5:59 am

    As per my opinion Greeks should certainly be more hardworking in times of crisis. They should not sit back and wait when all their problems will be solved by anyone else.

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