Greece by the numbers
February 16, 2012 – 8:43 amOn Sunday, Greece was voting on the European bailout. There were about 18,000 demonstrators, 5,000 police with tear gas, and 10 major buildings set on fire. The European Union-assigned Greek Prime Minister (not voted in by Greeks) said, “"Vandalism, violence and destruction have no place in a democratic country and won’t be tolerated." I guess his definition of a democracy varies from my understanding. See: http://www.bbc.co.uk/news/world-europe-17007761
“This behavior will not be tolerated”, said Prime Minister Lucas Papademos. The country is in the midst of breaking down and the living standards are collapsing into a deflationary death spiral. The annual rate of decline of the Greek GDP is 7%. It is getting ugly! A revolution is now on the horizon. It now appears that timing is the issue.
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