Today's Elites

Thursday, June 16, 2011

Greece: Tragedy or Hope?

This from "the markets" today:

"In order to achieve stability in the world economy it is necessary that Greece prove it can succumb to ever increasing levels of cuts in the social safety net. If this is not done then the contagion of weakness in the face of such necessary measures will inevitably spread to the rest of the world. At that point the monetary system as we know it will for all practical purposes cease to exist. So Greece must lead the nations of the world in implemented harsh but needed austerity in order to slow the rate of collapse while we maintain our financial control. We are not to be trifled with..."

From the people:

"There is a limit to a tyrant's power."

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