I have struggled to understand what is going on in Greece. Then I read Peggy Noonan's column last week, containing this gem from a Michael Lewis's article from Vanity Fair regarding Greece:
Everyone is pretty sure everyone is cheating on his taxes, or bribing politicians, or taking bribes, or lying about the value of his real estate. And this total absence of faith in one another is self-reinforcing. The epidemic of lying and cheating and stealing makes any sort of civic life impossible."
Read the whole thing.
1 comment:
Greece... is inconstant at the moment(financially),but hopefully with the new government (1 year old now in power) and us ,the modest citizens,i hope with faith,that we will become more prudent and more wiser to make things for the better, and stabilize our economy in the near future.
Arthur Greece.
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