July 7, 2015
Really, Greeks? You do realize what you've done, right?!
Preface:
Most of my articles find fault with the logic used by society's thought-leaders.
I want to spend more time examining society broadly. When you look at society more broadly, structurally, I think that far too many people simply accept the status quo and accept things as they are. It's not as if they consider the situation and then decide to accept things as they are. It appears that they don't even question the status quo at all!
When was the last time you ever read a columnist question whether it makes sense for people to work five days a week? Whether it makes sense to build tall buildings? Whether it makes sense to work eight hours a day? Whether it makes sense to attend school?
Going forward, many of my articles will focus on critiquing deeply ingrained aspects of society. It's time to think out of the box, people!
61% of Greeks have made it clear they are not willing to cut spending in exchange for receiving more loans from the same people they already owe money to.
Really?! Isn't that troubling?
Greek government debt is massive, because the Greeks borrowed money, gave it to their citizens, spent it building their society, and didn't pay down the debt.
Now they've reached a point where their economy is so unsuccessful, so unprofitable, that they can't even pay the interest on the money loaned to them.
The people who loaned them money told them: Listen, if you want more loans from us, you have got to cut back! Stop giving so much money to your people! Try turning a profit so you can start to pay us back!
And yet the Greek government thought it was a reasonable option to actually ask their people if they would agree to become profitable in an effort to pay back the debt?
As if that's bad enough, consider this: Did the government hold a referendum decades ago, asking Greeks whether they should borrow money? Was a referendum held asking Greeks whether they should continue to recklessly spending borrowed money? No? So why has a referendum been held now?
Let`s say you loaned me money, and I didn`t pay it back, but I still had an income. I would feel obligated to pay you back. And if I wanted to receive more money to keep me afloat, so that I could pay the rent, etc., and if bankruptcy was a scary enough option to rule it out, and if you were the only one willing to provide me with the money, I would certainly be willing to reduce spending and contribute more of my income towards paying you back!
So why aren`t the Greeks willing to do that? Do they understand the situation? Do they not consider the alternative to be scary enough?
Really, Greeks? You do realize what you've done, right?!
Preface:
Most of my articles find fault with the logic used by society's thought-leaders.
I want to spend more time examining society broadly. When you look at society more broadly, structurally, I think that far too many people simply accept the status quo and accept things as they are. It's not as if they consider the situation and then decide to accept things as they are. It appears that they don't even question the status quo at all!
When was the last time you ever read a columnist question whether it makes sense for people to work five days a week? Whether it makes sense to build tall buildings? Whether it makes sense to work eight hours a day? Whether it makes sense to attend school?
Going forward, many of my articles will focus on critiquing deeply ingrained aspects of society. It's time to think out of the box, people!
61% of Greeks have made it clear they are not willing to cut spending in exchange for receiving more loans from the same people they already owe money to.
Really?! Isn't that troubling?
Greek government debt is massive, because the Greeks borrowed money, gave it to their citizens, spent it building their society, and didn't pay down the debt.
Now they've reached a point where their economy is so unsuccessful, so unprofitable, that they can't even pay the interest on the money loaned to them.
The people who loaned them money told them: Listen, if you want more loans from us, you have got to cut back! Stop giving so much money to your people! Try turning a profit so you can start to pay us back!
And yet the Greek government thought it was a reasonable option to actually ask their people if they would agree to become profitable in an effort to pay back the debt?
As if that's bad enough, consider this: Did the government hold a referendum decades ago, asking Greeks whether they should borrow money? Was a referendum held asking Greeks whether they should continue to recklessly spending borrowed money? No? So why has a referendum been held now?
Let`s say you loaned me money, and I didn`t pay it back, but I still had an income. I would feel obligated to pay you back. And if I wanted to receive more money to keep me afloat, so that I could pay the rent, etc., and if bankruptcy was a scary enough option to rule it out, and if you were the only one willing to provide me with the money, I would certainly be willing to reduce spending and contribute more of my income towards paying you back!
So why aren`t the Greeks willing to do that? Do they understand the situation? Do they not consider the alternative to be scary enough?
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