Greece, the Euro, and the Sovereign Debt Crisis

Book - 2011
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"Written in a lively and entertaining style, Bust: Greece, the Euro, and the Sovereign Debt Crisis is a lively and engaging account of a country gone wrong, for anyone interested in world events and global economics"--
Publisher: Hoboken, N.J. : Bloomberg Press, c2011
ISBN: 9780470976111
Branch Call Number: 330.9495 LYN NVD
Characteristics: 282 p. ; 24 cm


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dongizi Dec 07, 2012

Greece is not bust. Putting aside the fact that Greece is not being paid what it is owed. Only the Germans themselves owe way more than the totality of the current Greek loans, and counting only the reparations of WWII.

Even on the intellectual property side. All money today is made on copyright and patents. But all the wisdom of the world, let alone all the concepts on which we function and operate today have been invented by the Greeks. How about putting a patent for every Greek Word Medicine alone is using?

Greeks are the longest lived nation on the planet with civilization going all the way back to the Minoan Civilization. The Greeks have survived genocide, raids, war, fire, famine and have been able to persevere and continue to civilize the savages. All the World today owes its existence to the Greeks. The debt of the World to Greece is what cannot be paid off.

The Greeks yet once again are showing the world that the foundations of the fallacious colonial feudalistic economic theories and policies that have been theorized and applied since the 19th century lead humanity to Bankruptcy. The concept of debt, i.e trying to cash in today on speculative production of tomorrow this is the concept that's bankrupt. Will the World listen? This is the historical duty of the Greeks. To show yet once to the World what's the right path to follow... in yet another Greek Concept: Economics.

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