{"id":5140,"date":"2015-02-01T10:30:23","date_gmt":"2015-02-01T15:30:23","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5140"},"modified":"2015-02-01T10:30:23","modified_gmt":"2015-02-01T15:30:23","slug":"its-greece-vs-wall-street","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5140","title":{"rendered":"It\u2019s Greece vs Wall Street"},"content":{"rendered":"

It\u2019s Greece vs Wall Street<\/a><\/h3>\n

On the one hand, I\u2019ve written so much about Greece lately I fear I\u2019m reaching overkill. On the other hand, there\u2019s so much going on with Greece, and so fast, that I wouldn\u2019t know here to begin. Moreover, I\u2019m thinking and trying to figure what is what and what is actually happening so much it\u2019s hard to stay focused for more than a short while before something else happens again and it all starts all over. And I\u2019m thinking it must feel that way for the Syriza guys as well.<\/p>\n

One thing I do increasingly ponder is that it gets ever harder to see the eurozone survive. In its present shape and form, that is. Damned if you do, doomed if you don\u2019t, is an expression I\u2019ve used before. It\u2019s like this big experiment that a bunch of power hungry Europeans really get off on, that now all of a sudden is confronted with the democracy they all only thought existed in books of history anymore.<\/p>\n

But if you take your blind hunger far enough to kill people, or \u2018only\u2019 condemn them to lives of misery, they will eventually try to speak up, even if not nearly soon enough. It\u2019s like a law of physics, or like Icarus in, yes, Greek mythology: try to reach too high, and you\u2019ll find you can\u2019t.<\/p>\n

What is Brussels supposed to do now? Throw Athens off a cliff? Not respect the voice of the Greek people? That doesn\u2019t really rhyme with the ideals of the union, does it? If they want to keep the euro going, they\u2019re going to have to give in to a probably substantial part of what Syriza is looking for. Or Greece will leave the eurozone, and bust it wide open, exposing its failures, its lack of coherence, and especially its lack of democratic and moral values.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s Greece vs Wall Street On the one hand, I\u2019ve written so much about Greece lately I fear I\u2019m reaching overkill. On the other hand, there\u2019s so much going on with Greece, and so fast, that I wouldn\u2019t know here to begin. Moreover, I\u2019m thinking and trying to figure what is what and what is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[95,195,3107,281,284,1167,2868,860],"class_list":["post-5140","post","type-post","status-publish","format-standard","hentry","category-economics","tag-brussels","tag-debt","tag-debt-restructuring","tag-europe","tag-european-union","tag-greece","tag-troika","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5140"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5140\/revisions"}],"predecessor-version":[{"id":5141,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5140\/revisions\/5141"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}