What is more, the scale of the changes an over borrowed Athens is now making are so vast and so rapid that they will leave Greece looking like a different country. “In this crisis, the middle classes have been hollowed out.” That is just what happened in Buenos Aires during its crash last decade.
The result is that people who thought themselves used to one way of life, and in one social class, are getting used to a sharp downgrade.
a lot more “well-dressed, clean” people taking free meals from the church. He reels off stories of a 23-year-old man who left last week for Australia, and a 40-year-old woman who lost her job on Friday.
the scale of the changes an overborrowed Athens is now making are so vast and so rapid that they will leave Greece looking like a different country.
The oddest thing of all is that some of the leading lights in the government appear to see nothing wrong in a wholesale transformation of Greek society
Comment by Adamantine:
“Greece in panic as it faces change of Homeric proportions”
Changes of Biblical proportions is more like it if we are ever shown to be correct.
The US is not far behind.
I also suspect the new world order folks will be OK with many other areas of the world descending into chaos and poverty for awhile.