Monday, June 29, 2015

Economy: Europe - Goodbye Greece

(Drivebycuriosity) - There is a lot ado about Greece. The Greek mess rules the headlines and many alarmists predict an armageddon for Europe and the whole world. Today the US stock market dropped around 2% because of Greece. But I think the scaremongers are wrong as usual. I belive that the Euro area does much better without Greece.

Greek politics is a freak show run by stone age marxists and political clowns. Greek leaders want to play their ridiculous games - including blackmailing their creditors with threads like going bankrupt or opening boarders for ISIS terrorists - and don´t care about the consequences. No wonder, that they are backed by US leftwings like New York Times columnist Krugman. The sooner the country leaves the Euro zone the better. Greece is like a meth head who has to get rid of the drug, the generous credits from European banks & IMF, to cure himself.

And: Greece doesn´t determine the world economy. The Hellenic Republic is just an underdeveloped and miserably run tiny country on the periphery of Europe (with only 11 million people in a world with around 7 billion). It´s food is unedible, it´s music is unbearable, it´s politicians are untrustworthy.  Even when this small peripheral country goes finally bust, the world economy will continue growing.

Goodbye Greece

1 comment:

  1. I agree with everything except about food and music :)