Apr 11, 2012

Paying the Price of the Most Idiotic Economic Experiment in Modern History

"A terrible suffering has been unleashed upon the Greek people as a result of the Euro crisis, and the fiscal incompetence and corruption of the previous Greek government. The leaders of the richer, more powerful European nations, especially France and Germany, have imposed a bureaucrat called Lucas Papademos on the broken country, and demanded cuts to public spending, whose human toll Christoulas has now come to symbolise. Pay and pensions have been debauched; taxes have risen very sharply.

Greece is entering its fifth consecutive year of recession. As the journalist Peter Oborne has noted, during the Great Depression of the 1930s, Britain's national output dropped around 10 per cent in total.
Since 2008, Greece's output has dropped 13 per cent. Some forecasters think it could drop 10 per cent further this year alone. [...]

What do we owe the Greek people? Sympathy, solidarity, and support – and an apology too, if you campaigned in favour of the euro. Right on our doorstep in Europe, the country that gave birth to the continent is paying the price of the most idiotic economic experiment in modern history."

From an article in the Independent, a propos the suicide of 77 year old pharmacist pensioner Dimitris Christoulas, who shot himself in Syntagma Square right across Parliament on Wednesday, 4 April 2012 due to incapability of coping with the austerity measures. "I can't look my children in the eye any more" he wrote in his suicide note. The government had made it impossible for him to survive on the pension he had paid into for 35 years. "I find no other solution than a dignified end before I start searching through the trash for food," further read the note. Christoulas in his suicide note referred to the puppet Tsolakoglou government which annihilated all traces of his survival. For those who didn't know it, Georgios Tsolakoglou was the prime minister of Greece during Germany's Nazi occupation during World War II.

Further reading: The aftermath and the political significance of Christoulas's suicide

A Greek tragedy. One of many.

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