I was recently in Athens, Greece, only for a day, so I didn’t unfortunately get to see any famous landmarks. When I landed there I was curious if one can see any signs of crisis and I was intentionally looking for them – and except the empty advertisement spaces on big billboards, I haven’t really found none. But the billboards are really weird, I have never seen anything like this anywhere else. During the whole drive from and to the airport, which took maybe 45 minutes each way, on both sides of the highway all of those (with exception of maybe two) were empty. One of the companies renting them is called “Remedy” (at least I think so) and the billboard seems to be asking “Remedy This…” I guess it was to be expected that businesses will cut on any possible avoidable expenses, but that what I saw was really depressing. I wonder what comes next or what expenses not visible to us are already cut. We really need to help Greeks to Remedy This somehow.
As a follow-up to my post from two days ago, please see article here. As it turned out, I was not the first with my idea, but as I also wrote about plans for Italy, I did not expect anything different.
I don’t think that cash is the source of all evil, humans are with their greed. Taxes are also at fault, it is widely known that bigger taxes cause bigger tax evasion. In this sense Greece has no chance – deadly spiral is already in full swing and everyone except stubborn politicians know that this story will not have a happy end.
Unfortunately although the money given to Greece now is ours we have no saying as per how this money should be spent. People throwing it away have no sense of ownership and, to top it off, some of them may actually have stakes in banks which did lend money to Greece in the first place. One of the ugly faces of so-called democracy…