What a Structual Economic Breakdown Looks Like — Greece May 2010-June 2012

Don't think this cannot happen in America if we don't get our fiscal house in order. Νέο ντοκιμαντέρ - Αθήνα: Κοινωνική κατάρρευση - Ελληνική υπότιτλοι Dr Dimitris Dalakoglou explains the social meltdown which took place in Greece between May 2010 & June 2012 that is on going. This film contains videos and photos shot on the streets, often containing violence and paints a portrait of … [Read more...]

Is Greece European?

I lived in Greece a while back and have returned five or six times since. The problems that caused Greece's economic collapse were evident even back in the mid-1990s and like all Greeks, I learned how to play the system in order to survive. We really had no other option. Getting around the rules was necessary if you didn't want to throw all your money and time away. For example, when I first … [Read more...]

48.1% In Greece Do Not Believe in the Resurrection

HT: Mystagogy According to a poll done by Κάπα Research published in the Sunday Vema, essential Orthodox teachings like the resurrection of Christ are being abandoned.When asked "Do you believe in the resurrection of the dead?" there appears to be a drop of 10 points since the 2008 poll. 51.3% stated 'yes' and 'probably yes' then, while 41.8% answered to the same thing this year, with 26.5% … [Read more...]

Beware of Greeks Bearing Bonds

Source: Vanity Fair As Wall Street hangs on the question “Will Greece default?,” the author heads for riot-stricken Athens, and for the mysterious Vatopaidi monastery, which brought down the last government, laying bare the country’s economic insanity. But beyond a $1.2 trillion debt (roughly a quarter-million dollars for each working adult), there is a more frightening deficit. After … [Read more...]

On the ‘edge of the abyss’

By John Couretas on the Acton blog: From the Greek daily Kathimerini: Witnesses said that protestors marching past the building ignored the bank employees’ cries for help and that a handful even shouted anti-capitalist slogans. [ ... ] It took a statement from President Karolos Papoulias to best sum up Greece’s dire situation and the frustration that many people are feeling with the … [Read more...]

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