Opinion – Europe’s future in Greece’s hands | The Economist – John Gelmini

Greek politician Alexis Tsipras (center) among...

Greek politician Alexis Tsipras (center) among his comrades, during a demonstration against privatization of Pension System. (Photo credit: Wikipedia)

Dr Alf brings us yet another good article about Greece and the hapless Tsipras. He was elected on the basis of a lie and telling the Greek people what they wanted to hear. Varoufakis, another fantasist, who never answers questions directly, is in the same mould.

Greeks have to learn the lesson that there is no free lunch, which means that they can no longer go on retiring early, paying themselves unfunded pensions, exporting nothing, never reforming their economy and blaming the Germans and the IMF for all their ills.

Tsipras and his sorry excuse for a Government should have been getting this difficult message across to his people but instead he lets people like Angela Merkel do so, in the knowledge that Greeks, as a whole, would rather not change and will choose to disbelieve what she says because of their folk memories of World War II.

He will have his referendum but I fear reality will not sink in. That means yet another bailout, the resignation of Tsipras and his hench-people and political upheaval until the bailout runs out yet again, just like the last time, the time before that and the time before that.

Tsipras will, of course, not suffer, and Varoufakis will no doubt be given a lucrative job by someone with more money than sense, while the Greek people at the bottom end of the economic scale and the rest of us will pay the price for this folly.

John Gelmini

Opinion – The Poor Quality of the UK Daily Telegraph’s Coverage of the Greek Financial Crisis

Logo of The Daily Telegraph, a British newspap...

Logo of The Daily Telegraph, a British newspaper. Español: Logo de The Daily Telegraph, un periódico británico. (Photo credit: Wikipedia)

I have been amazed at the poor quality of the UK Daily Telegraph‘s coverage of the Greek financial crisis. Open this link, review the evidence and decide for yourself.

By comparison, the Guardian and the FT have been outstanding, presenting multifaceted viewpoints, like the NYT and the Wall Street Journal.

I sense that the cuts at the Telegraph have left them with inexperienced reporters, trying to toe-the-line, rather than shoot for top quality journalism. Perhaps, there have been too many editorial changes at the Telegraph?