Monday, July 23, 2012

Crisis Worsens in Greece

No Light at the End of the Tunnel 

Greece is in a Great Depression, like that which America experienced in the 1930s, the newly installed Greek premier says. But the Greek government has illogically embraced--is being forced to accept--Hooverism, also known as austerity, which is preventing recovery and actually making matters worse, adding to the national pain and misery. Read more.

Comment: German austerity is destroying Greece, destabilizing Greek society, threatening to kill Greek democracy.

And nobody outside of Greece seems to care.