The Greek Situation

And now for a change of subject.

I’ve written an article about the situation in Greece for Enemies of Reason. It’s called, with breathtaking originality, The Greek Situation. It doesn’t cover everything, because that would be impossible, but I hope it will make some people think differently about what they’re being told by the media, and will cause them to investigate the matter on their own. Please read it.

You can also get more information about Greece from my short documentary about the 2008 Greek riots, called The Greek Riots: Some Basic Facts.

Enemies of Reason is one of the few blogs I read every day, so I’m very happy about this.


  1. Just finished reading your article on the situation in Greece. I’m very impressed by how well you illustrated the angles you chose to cover, and I’m a little sad that you couldn’t cover everything.

    I also feel kinda bad. When I finished reading the bit where you described the possible motives for why people would want the Greek economy to flop like a fish out of water, the word “Cool!” went through my head. I’m a poor, starving college student and I have nothing against Greece. I think I thought it was cool was because clever motives like that fascinate me. Yes it’s evil, yes it’s corrupt. But I’ll be a monkey’s uncle if it isn’t clever.

    And while I was thrashing this out with myself, I got to thinking, “What if it’s all three?” All of it could, in fact, be fueled by racism, and profit is simply a bonus.

    Start with number 3: Hatred for Greece. How can German and the rest of Europe make an example of the Greeks and put them, as I’m sure they would say, “in their place”? Someone notes for whatever reason that Greece is a hot tourist spot and that large profits could be gained from the islands. So someone suggests that they take financial control of the islands. But how?

    Credit default swaps. They start taking out fire insurance on their neighbor’s house. They get it for a low cost and start betting against Greece’s financial situation. If the country defaults, they just won the lottery, a week’s worth of money at five or six poker tables (each), and every horse race for the next century. And where does this fortune go? Why, to buying footholds in Greek tourism. These footholds are quickly followed by butt-holds, more commonly known as recliner chairs, couches, and what have you.

    Racism is more than just a motive, though: It’s also a means. If I understood correctly, Greece is using the Euro and the accompanying prices, but their wages haven’t changed a bit. People are getting payed the same amount, but prices got jacked up. So people are in a really crappy financial situation and desperately need outside help.

    And here figures in the racism. Keep the rest of Europe poised against Greece and they won’t help at all. With a corrupt government currently in place, the economy will sink lower and lower until the country defaults because no one wants to help these “heathens”.

    How the corrupt government got there I don’t know. It may have been planted, or it might simply be what a friend of mine would call a “happy accident”. At least, from the point of view of those wanting Greece to fall. Either way, it’s the wrong thing in the right place at the right time.

    …and “Cool!” just went through my head again. I feel bad.

  2. Actually, it isn’t clever at all. Intelligence consists not only of making decisions that benfit you in the moment, but decisions that also benefit you in the long run.

    This kind of behaviour is likely to have catastrophic consequences for the global economy, and for the European Union. These people are going to profit today, but tomorrow their money won’t be worth the paper it’s printed on.

  3. Whether they realize it or not, you are right. If they take down Greece this way, they may get even greedier and turn their eyes to other nations. They’ll either take over the world or we’ll go back to the days of item-trading.

    “You give me rock, I give you fire.”

    “Good deal.” *Gives rock*

    *Throws rock, catches rock, takes back fire*

    There goes the neighborhood.

  4. They don’t need to take over the world. They are already running it – but without any kind of plan, other than stuffing their pockets. Since they refuse to be regulated or limited in any way, they are essentially recreating the conditions that led to economic collapse in the first place… only next time it’s going to be worse. And it won’t be 70 years from now.

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