Club Mulgoa

Monday, May 14, 2012

Greece

Is Greece a beacon?  A symbol?  Yes, it is... a symbol of laziness, a symbol of wanting the good times without taking the bitter medicine, a symbol of lack of resolve for past excesses....

It is really only a pesky fly in world economics.  Even the Greek cuisine is nothing to brag about... the Turkish version is probably more interesting and tastier.  Someone told me that the Greeks are just the Turks of the West.  The Turks have a better economic performance.

So, why it affects the world stock markets like it is the heart and soul of trading nations?  Is there something in Greece that is extremely vital that I don't know about?  NOTHING.  "                   "

Hence, I see no reason not to continue to invest. in tumbling markets  Eventually, Greece will be booted out of the Euro zone.  Not because of the current impasse but because of the people who elected parties that do not want to be accountable for past excesses.  Greece is a Third World nation, populated by people who think they belong to the First World.  If you want to know the real hardworking Greeks, go to Melbourne or anywhere in Australia.

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