NP - Why the Euro Is a Selfish Jerk

[Jerome Park]

On Sat, Apr 18, 2015 at 8:35 AM, Jerome Park <jeromepark3141 at gmail.com>
wrote:

> https://www.youtube.com/watch?v=PiBnIsh5YzM
>
> On Sat, Apr 18, 2015 at 8:32 AM, Jerome Park <jeromepark3141 at gmail.com>
> wrote:
>
>> I agree that pop psychology shouldn't be applied to the Euro crisis, but
>> neither should the propaganda response to it. The propaganda about Greece's
>> irresponsible party is far worse than the pop psychology analysis because
>> it has become the common narrative now despite the facts. Alexis Tsipras
>> was elected to end the impact of that propaganda narrative, that is, the
>> austerity measures that have crippled the Greek economy and prolonged the
>> Euro crisis. Five years ago, when the so-called troika and Greece agreed to
>> a plan to lift Greece out of recession through austerity, to end the Club
>> Med Party in Greece and, through responsible measures, bring Greece back to
>> a competitive level, the narrative was a lie and it is still a lie.
>> Austerity failed. Miserably. The plan, one that all must bear
>> responsibility for, was deeply flawed, in large measure because it assumed
>> that Greece needed more responsible fiscal austerity to grow. Nope. Not
>> what Greece needed. The bitter medicine was swallowed and it made the
>> patient sicker. So now, with a government elected to stop the treatment
>> that is killing Greece and try a new treatment, the troika is in a panic
>> because, while the world knows its austerity plan failed, the troika wants
>> to keep its narrative from being discredited by Greece's new Leftists. They
>> just got elected. Shouldn't they be given a chance to govern?  But who will
>> pay the pensions and support the people? Greece will. It can do this with
>> Euro dollars or with a Greek currency. But either way, it should not permit
>> the propaganda narrative to win.
>>
>>
>> John Bailey <sundayjb at gmail.com> wrote:
>>
>>> Yeah, this kind of pop psychology probably shouldn't be applied to
>>> nation-states. Not hiring someone for a job is of a different order to
>>> not relieving a nation of its economic burden, and suggesting that an
>>> entire country and its heterogeneous population is reflected by the
>>> fiscal decisions of the ruling party doesn't bode well for any of us
>>> bastards, either. ...
>>
>>
>
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