Zerohedge video link

Sometimes, default and not debt slavery is the answer.

(02-22-2012 07:36 AM)Jugnaut Wrote:  Sometimes, default and not debt slavery is the answer.

It would slap them into reality when they finally had to pay for everything again. Possibly a govt. overthrow. I wouldn't wish it on anyone, but it'd be interesting to see what they developed.

I'm guessing it'd be whatever the UN or EU wanted them to have.

Greek public sector employees are being asked to take retroactive pay cuts and either work for no salary or even pay for having a job.

Quote:Salary cutbacks (called "unified payroll") for contract workers at the public sector set to be finalized today. Cuts to be valid retroactively since November 2011. Expected result: Up to 64.000 people will work without salary this month, or even be asked to return money. Amongst them 21.000 teachers, 13.000 municipal employees and 30.000 civil servants.

http://www.thepressproject.gr/listen.php...2012-02-22

They can overthrow the government in 5-10 years once the Euro is stabilized. Until then, you **** up? Get ready for German and French troops in the streets of Athens.