Greece’s Futile Austerity

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“The Greek situation is beyond wretched. Top earners are being pursued by helicopters and spied on by satellites over non-payment of taxes; there are regular riots in the streets and, as in Argentina a decade ago, middle-class people have been reduced in some cases to picking through garbage bins to survive.  The suffering has been needless. The result is not going to be of benefit to anyone except perhaps some of Europe’s largest banks, and they are getting plenty of help already.  There is little money in Greece but there is plenty of anger. And Prime Minister Samaras, taking note of it, announces there will be no further austerity measures.”

http://www.thedailybell.com/28815/Greeces-Futile-Austerity

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