Thursday, November 03, 2011

ON THE GONG SHOW IN GREECE

Enough about the election in Saskatchewan. Now on to some talk about the situation in Greece, which is really getting to gong show proportions. The scary thing about it all is that the whole European economy, not to mention the world economy, might be riding on what is happening.

First there was the idiot decision by Prime Minister George Papandreou to put the issue of a debt deal to a referendum, only to back away after a hostile market reaction and some heavy lobbying from Euro leaders like France's Nicolas Sarkozy and Germany's Angela Merkel. Actually, it kind of sounds as if they read them the Riot Act.

Also, you had the opposition storm out of Parliament, and now it looks like they're going to try and vote non-confidence in the prime minister tomorrow. All in all, this looks like a mess.

I think everyone needs to take a step back, and try and restore sanity right away to the parliamentary situation for the greater good of Europe and the whole wide world. The world's stock markets don't need this chaos from the Greeks, they need some order restored. Maybe it will do Greece a lot of good in the long run if they kick the current prime minister out, but not right now. Right now they need to just get a freaking debt deal through so that the entire world economy doesn't fall off a cliff. AGAIN. Enough said.

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