maandag 10 oktober 2011

Greek Drama

Yeah right.  As if sending even more billions of Euro’s or Dollars to the Greeks is going to keep their economy afloat.  News flash for the ignorant: Greece is bankrupt already.  Has been for a long time and no amount of spending will change that. The only rational and humane thing to do, is to let them go bankrupt in peace.  Would be best for Greece.  Would be best for all of us.  
It certainly would be best for Greece, as multiple kinds of cancer - bureaucracy, socialism, laziness, and being forced into oversized E.U. pants - have been eating away at this beautiful country’s intestines for way too long. Its life can be prolonged by artificial life support, but it cannot be preserved. Please let the old Greece die. A new Greece will arise from its ashes. Lean and mean. Slowly, but surely. With strong and healthy economic fundamentals. It will be hard in the short-term, but those individuals that really want to, will find opportunity and wealth. Why? For one, because they will have to. Having no fall back plan is a great motivator to stop complaining and start working. But also, there are, of course, plenty of clever and hardworking Grecians. It is this group of people who will light the path for a glorious Hellenic future.
It would be best for the rest of us too. Our governments, in all their various guises, are spending our income on playing pretend. Due to Soviet style planned interventions and investment programs all E.U. countries are in the red to the max. Printing more money, throwing more loans at the weakest E.U. countries, guaranteeing unlimited credit to the banks. It will not work. Now that the terminal cancer patient is starting to visibly decay, our leadership fools are acting that wrapping the dying body in bandages will make the problem go away. It will cover the wounds for some time, but it will not hide the stench. And already the blood is seeping through. It will merely prolong the death struggle and cost the E.U. tax payer an arm and a leg. More than anything else, it will hurt the world wide economy in a huge way.
Let this Greek drama end now. Stop using the individuals’ hard earned money in trying to keep the show going. Give the Greeks some time to fix their issues but let them start today. With their own currency and their own inventiveness. Let the leftover E.U. countries stop spending money. Also today. The market will recover faster without the governmental medicine man act. Governments throughout the Western world are increasing taxes and spending it on ‘saving the economy’. Does anybody with a sane mind think that decreasing our taxpayer’s spending power will actually be beneficial to the economy? That would be like believing that you can beat somebody into loving you. Let nature take its course. Let the markets do their job. Stop meddling.

Geen opmerkingen:

Een reactie posten