Πέμπτη 18 Φεβρουαρίου 2010

Europe: "F**k off Greece!"


We're being yelled at and punished like the naughtiest kid in European class. Why?

We cooked our government-debt figures slashing them by half in order to get into the European Union. Back then, we were laughing like the sneaky kids that managed to fool the teacher. Now, the joke is on us. "Greek statistics" mean anything to you?

As a result...

We're part of what they call the PIGS group. That is Portugal, Ireland, Greece and Spain and these are the countries that are dragging down the EU as a monetary union, because of their huge deficits and receding GDPs.

So, this pretty much means that they hate us...

In public polls in Germany and the Netherlands, 80-90% of the citizens polled wish for Greece to gracefully exit the Euro, so that we don't drag them down with us.

However, a return to the Drachma would mean...

...that old people would stop bitching about the good-old days of the drachma, when money had some value, and that tourists would flood Greece, because the Drachma would plummet in comparison to the Euro. Simply put, everything would be cheaper... for them.

For the Greeks, on the other hand, their accumulated debt, mortgages and so on would suddenly become enormous once it would be turned into Drachmas. Talk about inflation!

So, should Greece be bailed out? NO. We need to work it out on our own no matter how much it may hurt. Perhaps it'll be our only chance to straighten things out a bit and become less tolerant towards corruption, misery and stagnation!


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