Onward!

A lot of people are feeling concern about the current Greek problematique. Even the Russian government has made it known that they are 'not adding kindling to the fire'. Make it right, please! seems to be the concensus.

But I am troubled - and I think a lot of Eurocrats are as well - that we need to arrive at a true resolution, and not create a situation that will re-open the same dilemna in a few years. So forging on...

Governments acting as creditors are out of their depth. They merrily loaned to Greece at rates higher than those at which they themselves were borrowing to do so. And lo and behold, there are now repayment problems. Any investor who works at high risk loans expects to loose some of the time; it's part of that particular game. But no, our governmental amateurs then insist that austerity be applied, and overnight at that. And surprise, the level of economic activity nosedives. At least, let us learn from past mistakes.

I have also found the argument that Greece's current left government are nutters. Hard to tell from a distance, but there are indications that the left got in because they were taking care of people in difficult circumstances, through various associations and projects. Greece is currently recycling meds from the recently dead, as an example. Perhaps Greece's left intellectuals need to realize that - forget the theory - they are in a socialist economy of sorts already, a managed economy. Marx, to my mind, gave himself English lessons through his writings, articulated that particular form of humanist concern because English society initiated the Industrial Revolution and its problems. Let's move on, shall we?

As for the government, do collect those taxes where they are due. That is absolutely necessary in a European country. Worry about raising them later; for now, that is argument to evade. Paying taxes is sexy!!

I have read that the ministry of Defense went to the Right-wing allied party. Entirely an internal judgement call. If one spends there, one sacrifices elsewhere. Voilà!