The Greek Tragedy: A Labyrinth of Debt
By John Lawrence
How to figure out the ongoing crisis that is Greece? What exactly is going on there? As per usual it’s another chapter in the strange saga that involves Wall Street’s stranglehold over the world economy.
What happened to Greece is similar to what happened to American mortgage holders after they were encouraged to go in over their collective heads borrowing more money than they could reasonably expect to be in a position to pay back. Greece did the same.
Will Greece default soon? Will they stay in the Eurozone or be ejected out of it? These questions have been hanging in the air for what seems like an interminably long time.

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By Will Falk




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