Greeks struggle with daily grind as foreigners head to beach

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  • 4601 Salt Lake City, UT
    June 30, 2015 6:59 p.m.

    Greece maintains that the reason socialism failed is because they didn't have enough of it. That is the hollow excuse that Venezuela, the former USSR and its satellites and Cuba have used for the failures of marxism. As long as the EU and particularly Germany would subsidize the inefficient and corrupt Greek economy, they were blasé. Now it's a global crisis and someone else is called upon to fix it.

  • marxist Salt Lake City, UT
    June 30, 2015 12:11 p.m.

    From Joseph Siglitz, economics Nobel winner: "We should be clear: almost none of the huge amount of money loaned to Greece has actually gone there. It has gone to pay out private-sector creditors – including German and French banks. Greece has gotten but a pittance, but it has paid a high price to preserve these countries’ banking systems. "

    There is another side to this, seldom heard here.