Sunday, March 21, 2010

The game of "international financial chicken" is continuing with a three pointed struggle involving international finance, the Greek government and the population of Greece. In reality no one side can win in the sense of getting everything they want. International finance (and the EU) cannot pull the plug and let Greece sink. Sovereign default is not the sort of thing that can be risked, especially as there are other dominoes in line. The Greek government cannot afford to go fully one way or the other. It has to placate both its creditors and the populace. The ordinary Greek people, in their demonstrations, also cannot stop all austerity measures, and outside of political rhetoric they know it. Here in North America a certain naive and romantic set of leftists (mostly anarchists) see the events in Greece through rose coloured glasses. They fail to understand that rebellion without a plan is the furthest thing from revolution. Thus they read their own illusions into the events in Greece.
Molly presents this latest questionnaire so that you can give your own opinion. Have fun. It's better than having your pension cut.

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