Germany, Greece and the Game of "Chicken"
Posted on May 25, 2012 at 13:40 PM EDT
Summer unofficially kicks off this weekend, at least here in the U.S., as we celebrate Memorial Day. Before we even get to the "official" beginning of summer on June 21, sweat will be pouring from every banker's brow on June 17. That's the day Greeks go back to the polls to basically determine whether or not they want to remain in the Eurozone . The game of chicken is on. Germany has basically said to Greece, we aren't going to ease up on the austerity requirements imposed on you so you could get more money from all of us, so, if you think that by electing a left-wing group of groupies who are campaigning on easing your burdens by leaning on us, your fed-up creditors, go lean on Atlantis instead, cause that's where you'll end up... underwater, and lost. The Greek politicians - at least the lefties throwing curveballs - think there's no way the Germans will let them exit the currency zone, and of course don't want them to exit the European Union. They are saying to the population, elect us, we'll spit on their boots and they'll bend over to shine them themselves. And, in the end, we the people will prevail. Don't you just love democracy at work? This line will only go in the eletter. Delete it from the web page. Click here to continue reading...