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    3. IS GREECE GOING TO BE THE BIGGEST EU COUNRY TO HAVE THE WORST DEFAULT IN HISTORY??AND WILL IT CREATE CIVIL WAR WITH BANK AND ATM CLOSER?
    IS GREECE GOING TO BE THE BIGGEST EU COUNRY TO HAVE THE WORST DEFAULT IN HISTORY??AND WILL IT CREATE CIVIL WAR WITH BANK AND ATM CLOSER?

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    +1  Views: 619 Answers: 1 Posted: 14 years ago
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      Greece is a leading indicator what will probably happen in other countries.


      Bailing out greece will reward overspending polititians. Subsidies are rampant, public sector is bloated, civil service pay is way too high and entitelments are unsustainable.


      Government in greece has become such a burden that job creators and wealth creaters have given up and most moved theire money out of the counrtry.


      There are other countries who have the same problem. Portugal. Ireland Italy and Spain.The US. is going the same route and our government needs to make some radical changes.

      14 years ago. Rating: 3
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        sunnyB

        You have told it exactly as it is Ann, too much overspending by the state, its been the same here in the UK for the past 15 or so years, our government at the moment is doing something about it, but still not enough.
        commented 14 years ago


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