“Brutal change” is coming to Athens
From Reuters:
Speaking to parliament after a visit by EU economic inspectors, Papandreou said Greece did not want other countries to pay for its debts but expected solidarity from its European peers as it struggled with worse than expected fiscal problems.
“Unfortunately, history has fully confirmed our worst fears,” he said. “Our duty today is to forget about political costs and only think about the survival of our country … Past policies make it necessary to proceed to brutal changes.”
This, of course, means Greece will continue to play bitch to banksters, NATO, and its own wealthy families – ensuring the survival of the country only ensures the survival of their lifestyle.
Categories: political-economy
austerity, budget deficit, Depression, economic collapse, economic policy, financial crisis, George Papandreou, Greece, human costs of empire, International Monetary Fund, military spending, NATO, Panhellenic Socialist Movement, PASOK, PIIGS, political-economy, recession, socialist, Socialist International, stupid Washington tricks, Trickle Down Economics, unemployment, Wall Stree
