Guardian: Reports the following from Greece, " Anxiety in Athens is palpable.......atmosphere dominated in equal part by fear and loathing – of EU ejection and EU-dictated austerity ".
Lets Get Real:
In essence as stated by this blog many other sources the Greek people have reached a point of No Return, either they follow through with the agreed deal on austerity or they get out of the Euro. The fallout for Greece leaving the Euro would be harsh folks, but it would be for a limited period, if the Greeks obey the Germans demands they will have years of austerity and even then it might not work. On the other hand harsh pain NOW but down the line the Greek people can restart, have a Greek currency that they can control, that allows for growth. All the fudge deals by the EU and Greece has not helped Greece or the EU, the EU has spent billions and for what, at the end of the day it will be money down the toilet, or to the banks, not much difference, while Greece has gone to sleep, does not see the real world, and expects the Germans to bailout them out, War Guilt only goes so far folks. At least with Greece out of the Euro they wont be taking any more EU drugs, they will be in a cold turkey phase, harsh and painful but least the real world, that would be good for Greece and the EU.
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