BLAME THE VICTIM

The NEWs (Northern European wealthy) spent a LOT of money playing in the sun during the boom times. The resulting increase in Greek property values led the Greeks into believing that they had the income to pay back loans they needed to fix problems like sewage in their ancient cities.

Then the NEWs totally stopped spending money in Greece when the recession hit.

It is totally unfair to blame the Greeks for these actions by the NEWs. In fact, I bet Greece was ADVISED by the NEWs to borrow the money.

I also worry about the unconscious racism in that slap to the face of the new Greek Prime Minister. I know of no culture on Earth where that kind of friendly slap to the face is an act of friendship. Such slaps are usually delivered by a powerful man to a teenager who shows promise. It is akin to patting me on the head while I am in my wheelchair.

No one talks about how the NEWs deliberately sneer at the Mediterraneans due to their skin tone.

I worry that thin, beautiful women in power have not yet learned how NOT to defer to men. Beautiful people get used to the power of beauty, which prevents them from learning independence.

Austerity does NOT work. Let me explain with a very simplistic example.

In your household, when you spend a Euro, that Euro is gone. In your village, if Gerta get a one Euro pension, she spends it to buy a loaf of bread from Hans. Hans spends the dollar to buy a bottle of wine from Pierre. Pierre spends the dollar to buy a book from Hassan. Hassan spends the Euro to pay his rent to Elizabeth.

Economists estimate that each dollar spent in your village increases to five dollars as it goes through the economy.

But if Gerta does not get her one Euro pension, Hans, Pierre, Hassan, and Elizabeth all have one Euro less to spend.

The only economists who think austerity works have been proven to have made methodological mistakes in both data and formula. One could almost say that they deliberately LIED.

Europe should help Greece.