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The Happy Hermit
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Category Archives: Greece
While browsing charts and graphs about property bubbles and purchasing power parity, I came across this chart in The Economist which shows how much plastic surgery is performed in the following countries. There is a lot to be said about … Continue reading
I woke up this morning, at 0630 mind you, to the radio news of BBC World Service which included a short item about Amnesty International warning of a “humanitarian crisis” in Greece because of the situation of the refugees there. … Continue reading
You know you have reached the level of world power when your flags get burned in the streets. America, step aside – here comes the EU. Now if only the protesters in Greece could explain what they want to express … Continue reading
Tonight, at 2045 CEST: Germany meets Greece in the quarter finals of the European Football Championship 2012. In a sense only a football match, this encounter is completely overcharged with expectations, hopes and fears. After years of the financial crisis in … Continue reading
Have you ever wondered why Germany, Europe’s economic powerhouse, is contributing so much money to help Greece when even Greeks themselves are not contributing much more than going on strike, setting banks on fire and blaming Germany? The following photo … Continue reading
Greece first cooked its books to enter the Eurozone, then used cheap credit to live beyond its means. A profligate pact by the Greek government and the Greek people expanded the state and ran up deficits and debt. With a … Continue reading