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Greek Troubles Beginning to Spiral

May 15, 2012

Greek troubles are reaching a tipping point.  The new government couldn’t form a governing coalition willing to deal with their financial woes as the leftists are unwilling to be forced into unpopular austerity measures.  So, a new election must be held with the populist left riding an anti-austerity wave.  Not good. But events are moving [...]

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Greece Gets $170 Billion Bailout

February 21, 2012

The Eurozone decided today to spend around $170 billion to prevent Greece from defaulting next month.  Those who hold Greek bonds were asked to take 53.5 cents on the dollar as part of the deal.  The International Monetary Fund (IMF) is also lurking in the shadows as billions of American dollars have already gone to [...]

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Talking Up the “Anglosphere”

January 2, 2012

There’s been a bit of theoretical buzz out there about the future of Britain in the European Union.  Britain doesn’t quite fit in and ultimately, with the impending collapse of the euro a real possibility in the next few years, along with a hidebound European Union dragging them down, some have postulated that Britain needs [...]

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Greek Workers Take Time Off Work

May 12, 2010

I’m really impressed with the Greek parasites workers today.  Not only did they show initiative for once by calling a 24-hour general strike to protest the Greek government’s plan to start living within its means.  But they also proved that anything is possible when you put your mind to something, even what many thought to [...]

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Big Fat Greek Tragedy (Now with Added Bailout!)

May 7, 2010

Greece is in a terrible mess. More union/socialist-led youth violence continues to plague a nation which passed an austerity measure yesterday.  Three people have died in violence this week.  The austerity measure would cut back benefits and spending in order to make up for their massive debt.  The EU will put up 80 million euros [...]

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