segunda-feira, 15 de junho de 2015
FT - "Greece has nothing to lose by saying no to creditors" by Wolfgang Munchau - a game it is?
It is a disgraceful state of affairs that has known no new developments since long. Unimpressed I was, unimpressed I remain at the lack of progress to shift Greece's plight one way or the other. Which brings me to WM's current article, likely the most enlightening I've read on the matter.
On the one hand there is the official talk that all are trying hard to overcome differences because nobody wants Grexit. On the other, every bungled meeting is followed by bitterness and mutual recrimination. Where is the overlapping, if any?
That a nation-State should be pushed around like a toddler in need of parental guidance is bewildering enough. Something has been lost to the Eurozone crisis within the EUnion(!?) that makes relations between countries look like little more than a game of chess.
I trust that on both sides - especiallly the stakeholders who stand to lose the most if push comes to shove - all calculations have been worked out, so what's the fuss all about?
Dragging Greece to the pit's edge wishing for a last-second surrender is as obnoxious as the Greek government gambling on a last-minute demand drop/reversal by creditors. I still haven't seen the Politics searching for the middle ground - broadgauged European politics - in this unbelievably long saga. The main losers being common folk in Greece but also in major creditor nations and in all whose governments have lent money to the Greek State.
Besides every other loss that cannot be readily counted up!