About Greece and Financial Crisis
Posted in Politics & News on February 28th, 2010 by atma – Be the first to commentTruth is, I’ve received such an overflow of information and different aspects, of an admittedly complicated matter, that I can’t quite form an opinion on my own. Worst thing for me, as a citizen, is that I can’t even judge the current government administration on the matter. Except from the review process and the probably faked deficit1 in order to appear positive to Greeks and Europeans alike when they will announce the end-year deficit at 9-10% of the GDP.
I feel that this entire game the is being played by Germany, France and this strange and weird uncontrolled “thing” called “The Markets”. What and who is “The Markets”. Well, these evil markets are mostly Banks, financial institutions and huge capital holders like George Soros Warren Buffet and other hedge funds2. And speculating is what they do for a living, is it good for Greece? Sure not. But speculators are the result, not the cause.
So in this huge mess and this variety of opinion from so called “specialists” and “important” economists that gets it wrong every time, probably because macro-economics are not exactly what they should, or for whatever other reason – I don’t really care – the song remains the same. No one knows really nothing.
The feeling I get, is that several totally different forces, unknown to each other, get involved and the result is a total mess. There not only financial issues concerning the matter of the Greek crisis. Supposedly, speculators attack on the Euro made this a European Union crisis and rumors say that if Greece collapses Spain, Portugal and Italy are next. But they have a different political approach which can face these issues with much bigger success.
So far so good. In Greece we were in desperate need of regulation. Someone has to regulate the state. It’s turning to a new kind of government, it’s not communism it’s “State-o-cracy”. The ones that survive are the extremely capable – we don’t have much of these in Greece – the ones who’s business is involved somehow with the state and the direct or indirect state-employees, which are in huge numbers and who’s power controls the government more than any European could imagine. Most of the strikes about these new regulations coming from Brussels to regulate the unsustainable social-economic, distorted I may add, model are powered by the same people that receives unreal salaries working for the state, in a job with no risk, rush, pressure. Of course they don’t deserve this salary.
So all this makes it impossible for me to judge the current situation. Thank God I’m good for know. I know that our faith as a nation is not on our hands anymore – if it ever were – but now, I will stop judging, I’ll just take a sit and watch. I’ll have a clue when this entire thing gets on a railway, only time can tell.

