Greece

Global Economy

In Greece, It’s the Culture, Stupid

As Greek debt approaches 200 percent of GDP, unemployment and social unrest continue to rise and the possibility of another round of defaults hangs in the balance, it becomes more and more apparent that underneath the tax evasion, corruption and uncompetitive business climate lies a culture that is perpetuating the economic crisis.

Global Economy

Greek PM Papandreou’s Referendum Gambit: Not as Boneheaded as Everyone Thinks

All the analysts are correct: the economy is uncompetitive, corruption is rampant, tax evasion is the norm, and the Greeks have a penchant for saying ‘yes’ to everyone then arguing endlessly over the details then, in the end, blaming everyone but themselves for their plight. They defend a social / economic model that they themselves hate and should probably replace communism as the model for how not to run a state.

Global Perspectives

In Greece, It’s the Culture, Stupid

Greek PM Papandreou’s Referendum Gambit: Not as Boneheaded as Everyone Thinks

Menu

Search