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The complete madness of this scenario is that this bailout has precisely the same chance of delivering growth for Greece as the other bailouts.NONE! The idea that the Greek private sector can run massive deficits and provide more work for their people is completely stupid.We will be back with...

Greece is in a Great Depression.25% loss of GDP .Entrenched unemployment over 20%. Youth unemployment over 50% .Income=spending.There is no way any kind of austerity can help Greece.They need their government to spend more /tax less basic Keynesian stimulus. All of the bailouts (bailins to the...

just to say I am very impressed by the Greek electorate.After all the pressure they have come under all the fear of collapse if they didn't unconditionally except austerity.They have understood the Einstein definition of insanity doing the same thing over and over again and expecting a...