Business:Investing
A full account of how the ECB and others ruined Greece and then demanded that it take the consequences. Why did Goldman Sachs descend like a vulture on this poor little country that was quite happy exporting olives, sipping ouzo and giving foreign tourists a good time… with no particular pretensions on the good life… and try to turn it into Germany on steroids? The global stock market shenanigans. The China meltdown. An assessment of why people screw up. Don’t get sucked in to the economic horror that lies ahead. The structural imbalances in the Eurozone and the fundamental asymmetries in trade. The absurdity of a single currency enveloping 16 disparate nations, many with nothing in common. Finally, remember that nobody – including governments – can spend more than they take in… without consequences.
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