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Snack Plissken
VisualEconomik EN
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Comments by "Snack Plissken" (@snackplissken8192) on "The Rather Pathetic Economy Of Greece" video.
My money would be that, like the countries of the western hemisphere, Greek reforms will last as long as the first election after any real pain. Voters have no patience for short term suffering voluntarily undertaken for mid or long term benefits. As long as the international community is willing to prevent Greece from becoming a completely failed state, I can't see them hitting rock bottom and changing their ways. I hope I'm wrong, but countries seem to behave like addicts, they can only get better when they realize they can't blame anybody else for their problems and that they will literally die if they don't take drastic action now. When America dies from having interest payments higher than the entire national budget, the world will think longingly about the good times of the 2008 global financial crisis.
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