Wednesday, 5 May 2010

How to handle a Deficit

The Wrong Way

Take advice from:


Vote for anyone of these:


And soon your country could be in here:


The Right Way:

In a dramatic escalation of the anger unleashed by the economic crisis engulfing Greece, communist protesters stormed the Acropolis today as the euro and world markets plunged on concerns about the debt-choked country's huge bailout from the EU and the IMF.

Greek public sector workers today began a 48-hour national strike that is a first test of the Government’s ability to enact new austerity measures agreed with the EU and IMF in return for billions of euros in aid.











(Pictures courtesy of Dimitar Dilkoff/AFP/Getty Images @ http://www.guardian.co.uk/world/gallery/2010/may/05/greece)

Any Questions?

1 comment:

  1. I bet the Colonels are loving all this - they've got some previous in this area, have they not? No reason why a military takeover couldn't happen, in Greece or any of the other South European states, they've all got form too.

    We are nearly in as bad a position as Greece, our only saving grace is that our credit rating is good - once that drops, we're buggered too.

    Greece is just the start of it. There's an outside chance that the whole EU may blow apart if the trouble escalates - I want that, but not in this fashion, where something worse might take it's place.

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