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To: Nextrush

The Greeks have become accustomed to a EU life style made possible by massive loans and direct subsidies. The simply do not create the wealth that justifies that standard of living. When they repeat the Argentine debacle and default on their loans, reality will begin to dawn on them even the most delusional. Within two years there will be massive emigration of their brightest and best, an aging population, they will sell their heritage art and even the sovereign rights of islands to rich buyers. Socialism fails.


13 posted on 01/25/2015 10:09:00 AM PST by allendale
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To: allendale
simply do not create the wealth that justifies that standard of living

It's the "livable wage" thing writ large.

16 posted on 01/25/2015 10:10:47 AM PST by GeronL
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To: allendale
Within two years there will be massive emigration of their brightest and best,

Ha....most already are long gone.

27 posted on 01/25/2015 10:18:35 AM PST by spokeshave (He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people,)
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