Name: Anonymous 2010-05-05 12:16
It goes without introducing but Greece is on fire and has been burning for months. This thread can discuss the cause of this disaster - fatally clinging to a sense of entitlement that caused their loss of "ensured" entitlements in the first place, I'll toss it out - but the real question I have is can the problem be socially and financially contained.
The current plan to bail Greece out, in exchange for internal cuts in Greece's entitlement structure, risks all associated governments being dragged under the bus if the plan fails to resurrect Greece. Even if it does work, the rioting will continue, inducing further disaster to the nation and causing financial problems with a lack of investment and security. Could, however, Greece be disconnected from the economic webbing of the rest of the EU and the world, allowed to collapse, and the the social and financial unrest of the country be completely contained?
At this point, it appears as if the only parts of Greece still work saving are the parts built around the start of the common era.
The current plan to bail Greece out, in exchange for internal cuts in Greece's entitlement structure, risks all associated governments being dragged under the bus if the plan fails to resurrect Greece. Even if it does work, the rioting will continue, inducing further disaster to the nation and causing financial problems with a lack of investment and security. Could, however, Greece be disconnected from the economic webbing of the rest of the EU and the world, allowed to collapse, and the the social and financial unrest of the country be completely contained?
At this point, it appears as if the only parts of Greece still work saving are the parts built around the start of the common era.