>> Chancellor Angela Merkel announced again, in a “gesture of despair”, that action must be taken “for a stronger Greece”.
Now if we can get the citizens of Greece to say the same thing...
I recall getting early exposure from a Brit regarding the EU. His criticism was related to France and Germany’s control of the banks. He more or less described a patriarchal order that would leave periphery nations in the dust should things go wrong. It seems things have advanced to the entitlement stage.
Two options seem to exist. Delay the inevitable or let the inevitable happen sooner. The time for taking steps to avoid the pesent state of affairs is long past. Now the only correction can be pain or more pain. The longer the correction is delayed the worse will be the pain, the more it will spread and the longer recovery will take. Sadly, the U.S. Is headed down the same path.
Who will bail out America? Not that a bail out would help as Greece is proving.
Reminds me of all the trillions of debt that obamma has created and we are still no better off for it, since when he first came into power. And don’t give me this bull that the US would be better off if we would not have borrowed trillions. There is no proof , except in obamma’s shallow mind, that would have happened.