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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (135307)8/28/2017 6:07:04 PM
From: Elroy Jetson  Read Replies (1) of 217576
 
Total income in Greece is 45% less than it was in 2008, and it's been a straight line down ever since - each year worse than the year prior. Just about everyone there has received a 50% pay cut.

If you think that's Greece "doing better" simply because they're now receiving hand-outs from China, you're grossly misinformed.

China or Germany could easily help Greece end their endemic corruption, but the Greeks don't want to pay that price cost yet, so into the mud they sink. The Chinese government could show them how to enforce the death penalty for smuggling and fraud. The Germans have equally effective methods which don't involve bullets.

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