Interesting: Greece's workforce about to crack

[Bevo Incognito]

It's going to be very interesting to see what happens over the next few months in Greece. Greek workers and unemployed people may no longer have the money necessary to pay their taxes and meet their basic necessities. From NPR:

The Link

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[Mr. Deez]

It would be painful for them, but Greece needs to leave the Eurozone. In fact, the Eurozone needs to go. It was a stupid idea in the first place. Germany and France were nuts to share a currency with Greece, Italy, Spain, and Portugal for the same reason it would be nuts for the United States to have a common currency with Mexico, Guatemala, and Venezuela.

You'll notice that the UK, Switzerland, and the Scandinavian countries kept their own currencies. They weren't stupid.

 

[DFWAg]

The Irish and Greek mindsets are very different. The Irish learned long ago not to trust their leaders and would just migrate en masse to other more prosperious markets.

The Greeks are still crying and waving their beggar bowl expecting the world to save them despite their country's rotten and dysfunctional structure, non-existent institutions, and the fact that the country does not seem to do anything other than borrow money and laze around.

Humans need negative stimulus to stay sharp and evolve. The Greek population and the country as a whole needs to evolve.

 

[Crockett]

Greece's response to powerful people who don't like to pay taxes is not to tax them. Certainly there is a disturbing level of corruption and feeling by too many that society that paying for the community burden, working and contributing is everyone else's responsibility.
Government is not free and people need incentives to work hard and create, otherwise they lose interest and get lazy.

 

[Larry T. Spider]

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