constant reminder ---my letter published in Start There is no doubt Greece Inc. has been living far beyond its means for many years indulging in a (SSDB) spend spree/debt binge. Public spending of trusted funds has recklessly soared in the “past decade” and the avaricious “public wages” sector has unreasonably doubled during the same period with “no value added” to the country. These decisive politicians with easy money, and cajoled citizens have been seduced with the euphoria of consumerism incited by “cheap money” coming into the country without the “users” forethought of how to pay for it in the future; giving life to an ancient Greek term “anomie,” which I discuss further on, and the ancient Roman term “ Addictus” which, in Roman law, meant “a debtor awarded as a slave to his creditor.” Both the government and the private citizens were disastrously mirthful about the haunting of credit as if the day of reckoning would never arrive, only now to realize the graveness of their folly. Their reckless debaucher fuelled the existence of this economic living corpse which the ancient Greek historically termed “Anomie” to which I referred previously; a social instability caused by a break down of social bonds between an individual and their community ties ; a fragmentation of social identity and rejection of self-regulator, a mistrust between state and citizens, nurturing an apathetic despair that corrodes social covenants giving rise to anything or anyone against or outside the law, or a condition where the current laws are perceived to not be historically or presently applied, resulting in a state of illegitimacy or lawlessness in governance and constituents activities. In retrospect this was caused by politicians in Greece covertly embracing a Certain Style of economic dogma; an overly generous “nanny state” ; which in time could never be sustained, and succeed, and benefits the major minority, at the detriment of the massive mass, and always collapses like any poorly managed entity facing bankruptcy; failing to functioning with currency to generate a “real value” by way of service or product. German tabloids now creatively design Rehab by proposing the taking in possession a Greek island or two in lieu of unpaid loan payments as the proper rehabilitation steps to take to teach the “Addictus” accountability. A distraught Greek citizen in the DiManno article stated “its as if Greece is an experiment for the world”. How far can they go with these “austerity measures”. What more can they demand. How close to the truth she spoke. Perhaps its an economic rehabilitation or “dress rehearsal” for the world, and as for demands, much more to come it appears for Greece needs to be cured. Interestingly, the article stated that 40% of the Greece economy is funding the government expenditures. My reading indicates that Canadian governance is 50 per cent of the GNP. Should we be worrying now for what is to come in the next decade. Greece didn’t. I do. Adam Ridolfi, Toronto
Posted on: Sun, 07 Dec 2014 15:34:35 +0000
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