On the heels of an article from Al Jazeera, noting Papandreou warning against a ‘catastrophic’ default, I noticed a second article from the Guardian describing the scene on the square in front of the Greek capital at it plays host to thousands of enraged citizens.
Also, Der Spiegel is reporting that Merkel and Sarkozy are having some disagreements, and it’s looking like only 1/2 of the next €12 billion Euro bailout to Greece is actually going to be paid.
When you see things like this (from the Guardian):
The closer you get to the Vouli, the parliament, the more raucous it becomes. Jammed up against the railings, a crowd is clapping and chanting: “Thieves! Thieves!”
It’s also interesting to see some of the signs that citizens are making. These people are not dumb and blind to what’s going on. If anything, I’m extremely surprised that American’s have not had protests to dwarf what’s happening in Greece, given what the investment banks have done to their country:
Papandreou’s face is plastered over placards that congratulate him in English for being “Goldman Sachs’ employee of the year”
One begins to wonder just what the last straw will be that breaks the back of the swarms of angry Greek citizens currently storming around in front of the Greek parliament. It’s going to be an interesting week in Greece, and I would suggest that you follow along closely to see how the situation unfolds. Keep reading, keep learning, keep taking steps to protect yourself and your family. Don’t believe that North American is immune to these types of financial crisis and protests. In the end, I think that the riots we will see in the coming months and years caused by inflation, food shortages and various financial crises will make the riots in Vancouver look like a picnic.