The Irish Economist David McWilliams reminded us that the definition of stupidity is when you do the same thing all over again expecting to achieve different results.
Which is precisely what the wizards of Europe and what passes for a government here in Greece have gone and grandly done!
For all those here in Greece breathing a sigh of relief… Don’t be surprised when we start seeing the same old story repeat itself all over again. The finger wagging and, “You haven’t reached your targets!” “You haven’t become competitive!” “You haven’t reduced the deficit!” and of course as to growth… Growth? What is that? Nothing Greece can even dream about any more!
And along with this, to remedy all the aforementioned? Increase taxes on anything you can think of (tears perhaps? Now that would be a good little earner) and slash all income to well below subsistence level.
Oh, and by the way, all money earned in Greece and siphoned off through taxation will be put into an escrow account to make sure that the dear bankers can get paid first. What? If there’s nothing left thereafter? Too bad. It’s only those pesky little Greeks anyway. They’ve been around too long. Kill them off through starvation. It’s the banks that need saving.
Congratulations to The Frau and her band. They have achieved everything they wanted. First they have taken Athens, now it’s on to Rome, Madrid, Dublin. Who says women are not as capable as men?
And Congratulations to our brilliant little technocrat who also managed to achieve everything he was sent to do. No wonder he decided to carry on ruling with the already failed and corrupt Papandreou government adding a few extra just for you!
Congratulations to you all. If you can be sure of one thing, it is that Greece will never forget you! But of course that wont last for long, because neither will Greece.