Is The Greek Tragedy Approaching The Final Act?
According to this report on the BBC, Greece has now voted through the bailout conditions, so that they can get further money from its debtors.
But will this be the end of the tragedy?
I doubt it!
The Greeks voted for the end of austerity in the last General Election and they have now got Austerity Plus. But they do get to keep the euro!
That sounds like a recipe for trouble!
If there is a lesson in the story of Greece and the euro over the last few years, it is that you must not fiddle the books, bribe the electorate and you must above all keep the finances in order and hopefully balanced.
Did anybody tell the Greeks that euros don’t grow on trees in Brussels?
At least the sun won’t go on strike! This is the one light at the end of the tunnel.
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