The Euro's would send billions of... euros to Greece and every other country that requested them. What a magical organisation the EU is. You want money? You want money? You got it. WHO ELSE WANTS MONEY?!?!?! Of course German and French banks wanting a higher rate of return on idle capital didn't add fuel to the fire by buying bonds in Greece, Ireland, Portugal, Spain which fuelled asset bubbles in real estate and the stockmarket right?
They can never be accused of wrongdoing. As our other friend tells us:
It's Greece's own fault! I love this line. Investment bankers gamble on gambles and insure those gambled gambles to make big money but when they lost, the blame fell on the home owners who where approved multiple loans with no means testing, fraudulent loan application approvals, and NINJA loans.
At the end of the day it's their own fault for being approved homes they couldn't afford and putting themselves in that position to begin with! And at the end of the day who are we referring to when we say "it's Greece's own fault"? Do the yiayiades and papoudes in the xoria understand Credit Default Swaps? Do they know who JP Morgan is? Maybe he's Taso and Maria's son from Vouliagmeni. Do they understand how a national economy works? Maybe we're referring to the youth, 1 in 2 of which is unemployed and probably 1 in 3 of those employed are owed months of backpay. Is that the Greece who is at fault?
The moral righteousness reigns supreme when poor people can be used as an excuse because Greece is free, and people have the freedom to make choices. Make a bad choice and it's your own fault. The complexities of suburban and urban life don't matter. GDP per capita don't matter. Education don't matter. Health don't matter. Nor do political influences.
When the wealthy, powerful, make a mistake we turn a blind eye and passively aggressively shove that bit of reality so far down our mind that we barely notice the difference.
When world leaders do nothing about the offshore tax havens and the trillions in untaxed wealth, we just pretend like it isn't happening and all is well, just like when one of our friends yells or physically assaults their spouse at a bbq. It's best not to get involved and the problem will be solved somehow.
But how dare those poor, powerless people be poor an destroy national and world economies! They're the world movers and shakers that we should go after! While one hand is scolding Greece's poor, the other hand funnels money out of the country into said tax havens, further worsening the crisis for those who have nothing else left to give but the blood their ancestors fought for against the Italo-fascists, Nazi's, Communists, Junta, and Turks.
Bravo.