The demonstrations in Greece yesterday to protest against the austerity budget announced a few days ago the government escalated, killing at least three dead and several wounded.
[...]
Tuesday already, dozens of activists had climbed up the Acropolis to r deploys banners urging peoples of Europe to "rise up" against cuts across to restore public finances.
disorders occur a few days after the government of Prime Minister George Papandreou had agreed to impose draconian measures to generate savings of 30 billion euros in three years to ensure the support of the European Union and the International Monetary Fund.
At the end of the week, the plan will be voted on by elected Greek, who must deal with the possibility of escalating violence.
"This is just the beginning of a great war , assured yesterday by Agence France-Presse, one of the protesters.
What these people think? They appear to What exactly is a "great war" against whom?
Against cuts? But what they do not understand the fact of being bankrupt?
Does What do they mean? Magic? That money appears like that?
Or worse, the rest of Europe pays for them. By what moral principle?
This mania to deny reality, deny the facts. You're Down and Out in is not so difficult to understand that either?
And for whatever reason, it is too late to simply acknowledge and ignore. He should have thought before. Now, everyone must pay and quickly ....
And as you have no control over your money, it is impossible to absorb this debt by inflation, by printing money. (Which is a good thing either for the people: for poorer until hyperinflation perhaps they realize their situation ...
They accuse the left and right issue not having to incriminate oneself. The Banks, credit rating agencies, etc.. But your problems are not caused directly by banks. The officials, since you are in a democracy is you!
It Yesterday he had to open those eyes and ask for healthier finances to your government. Today it is too late.
It is useless to protest as you claim to not having to open your eyes!
Yesterday he had to take the path of production of wealth rather than the illusion of credit.
Hopefully now that this situation might serve to awaken other people. Specifically, Quebec in my case. Quebec is not far behind Greece. And it is in a similar situation: not having control of its currency, it has not leisure to convince his people that everything is OK by printing money.
Quebec's debt is enormous .... We had a dishonest debate how much of our debt is a "good" debt vs. "bad" debt. But what has been put aside in this debate and that any debt, if you're even able to pay interest is necessarily a bad debt ...
And if Quebec was threatened with bankruptcy, would you dare go out to accuse the rest of Canada does not want to support this debt?
It would not embarrassing?
but much less debt service (expenditure) we ask our government.
He plays the game ... for you ....
What awaits us down the road? Ask the Greeks!
Francois.
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