regardless of why, greece has no life under the euro. their obvious bailout is to exit the euro and compete globally with a lower currency, ditching the bad loans. so far the politicians are towing the line on the euro, but how long will that last?
On Thu, Jul 21, 2011 at 7:05 PM, Jerry Barnes <critic...@gmail.com> wrote: > > Now, why did Greece borrow so much money? One reason was that it was overly > generous in setting up early retirement pensions and other benefits. Then, > one third of the population of Greece works for the government. The > massive protests are because no one wants to lose his pension or have it > decreased and one third of the population is worried about their jobs. > > J > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340717 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
