Friday, 7 May 2010


Get Plucked: Bail Out Greece


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The € is heading south and all will have their feathers plucked. Pursued illusions are not at the end of a free ride.

 

1.The economic ignorance that, fortunately for certain groups, prevails even among the educated, cannot save Greece or a titillating “who is next” from the quickly changing headlines. Here again, we have a generally ignored country propelled to the top of the totem pole of attention. Although one likes to talk about Athens, this economic earthquake might only prove to be the beginning of the parade to follow. Several countries, all with failing public finances that hope to remain undiscovered, are lurking in the shadow cast by the spot lights that are now focused on the Greeks.

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