What a lovely sight to see, the socialist parasites back stabbed by one of their own. Who would of thought such a thing was possible? Well, well they caved. Now the hard work begins as the taxman cometh. Don’t forget, the Greeks still owe the money, there was no debt haircut, but a loan extension to help them surmount the proverbial bump in the road. But darker days still lie ahead. The retirement age has been pumped up to 67, taxes increased and other fiscal measures which will dig deep into the Greek way of life – the dolce vita.
During the bank shut down the economy has not collapsed; depositors were allowed to take out 60 Euros a day from the ATM’s. We can hazard a guess that many Greeks did not have to resort to the ATM because they hid much of their underground money in the mattress. This was a very savvy position to take for those entrepreneurs, for they knew that paying taxes on under the table work would involve a transfer of wealth; paying for the life of leisure parasites, many who were on the government dole, was not their cup Ouzo.