The financial crisis in Greece is becoming a modern tragedy. There are now stories of children being left in churches or on the streets because their parents are not able to care for them because they've been jobless for over a year and have no savings and no house. Medical prescriptions and aspirin are gone because the people can't pay for them and providers aren't being paid by the government. This is what we have to look forward to if we continue in the socialist path and continue to increase our debt.
The greatest enemy of the family and prosperity is monetary inflation.
The Euro was created to let the countries socialize their debts to the rest of Europe - it was a joke to ever create it. The countries sacrificed their local sovereignty for a short term financial gain.
Of course, it was a deal with the devil. They who control the money supply control the government. The EU leaders then found a way to make slaves of their newly adopted children.
And now their populace is paying the price for their ignorance; for their trust in the devil of Keynes.
Spending does not create wealth, production does.
Notice how the US is moving to bail them out, now. Coincidence? Of course not.
I find it annoying that we're bailing them out to a certain degree. Especially since many of the Europeans have an anti-American bias. We should keep any financial help limited and stop interfering in their affairs -- like they always tell us we should.
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