General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFor a while, Greece was a huge topic here. What happened?
Now the discussions get maybe one or two replies. Is it burnout? Disappointment in the results of Sunday's election? Nothing left to learn from the Greek people's experience?
In any case, I found a site presenting Greek news in English:
http://www.athensnews.gr/
kenny blankenship
(15,689 posts)Austerity has yet to go into full effect in Greece and they've already been suffering from one of the most severe and protracted recessions in modern history. There are review periods in September and December in which Greece's Masters will assess how completely their will has been imposed. A rumor I've heard says that Citibank for one does not believe the ND party will be able to impose the full terms of the Memorandum on the Greek people and won't be able to get the terms loosened sufficiently to avoid a breakdown over there. The projection was that Grexit will happen regardless of who is in power. The cutoff will occur at one of those review periods. Perhaps the only real goal that the EU Troika (European Commission, the ECB and the IMF) wants to reach in its dealings with Greece is to keep it from blowing up just until they can deal with the Eurobond question, keeping Italy and Spain from going under in the meantime in part by stringing Greece along. After that the Greek people are on their own.
Egalitarian Thug
(12,448 posts)riderinthestorm
(23,272 posts)Harmony Blue
(3,978 posts)than people being effected by austerity.
MineralMan
(146,358 posts)Sad.
cherokeeprogressive
(24,853 posts)sabrina 1
(62,325 posts)very good DUers, and now, although I follow the movement closely and am thrilled with what they are doing every day, I don't bother to post here about it. DU's interests appear to have changed, but that doesn't mean anything, other than this may no longer be the place to discuss Greece eg, which I also follow closely, or Occupy.
Iow, when I want to read about topics like these, I do so elsewhere. Which is sad I suppose as I and others, used to come here to do so. However, those topics are as 'hot' as they ever were and maybe DU will return to being the place to go to keep up with them.
FarCenter
(19,429 posts)It won't be able to implement the austerity program. It won't be able to change the deal with the EU significantly. It will have to leave the Eurozone.
But there is a lull in the action.
FarCenter
(19,429 posts)sendero
(28,552 posts).... Spain, Italy - all are in similar boats. And the leaders of Europe are playing a shell game of bailouts without any real cash backing other and other kick-the-can delay tactics.
It can go on like this for a long time but not forever. And when it falls apart it is going to affect the entire world, not just Europe. Welcome to the new global economy!
socialist_n_TN
(11,481 posts)Odin2005
(53,521 posts)girl gone mad
(20,634 posts)If people don't want to bother learning very fundamental aspects of the crisis, such as monetary sovereignty vs. monetary non-sovereignty, what's the point of discussing the topic with them? These people want to believe what they want to believe, facts be damned. Trying to explain economic reality to the "lazy tax evaders" crowd is about as productive as trying to convince children that there is no Santa Clause.