November 2, 2011

Greeks lead Western Revolution?

By Glenn

Writing about the future is much harder than writing about the past. Sometimes, however, certain patterns become familiar. Events in Greece are one such pattern. This is how revolutions start. It seems the Greeks have reached their “1932” moment. Average Greeks now know another attempt to “balance the budget” will makes things worse not better. For two years they were told that they could cut their way to prosperity. If the European economy collapses, will the American economy be far behind? Will voters demand more austerity fairy dust or real solutions? Learn from the past or repeat it.

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