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The broke Greeks portrayed in the German media
Topic Started: Apr 26 2010, 06:01 AM (211 Views)
jon-nyc
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Cheers
Pension cuts? Not me!

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Crisis? What crisis?

http://www.bild.de/BILD/news/bild-english/world-news/2010/04/26/bild-with-the-broke-greeks/what-crisis-business-as-usual-in-greece.html
In my defense, I was left unsupervised.
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Klaus
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HOLY CARP!!!
Uh oh... before concluding something about "German media" in general, please bear in mind that Bild in Germany is approximately what The Sun is in the UK.
Trifonov Fleisher Klaus Sokolov Zimmerman
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jon-nyc
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I didn't say 'all the German media' and no one would seriously think I implied such.
In my defense, I was left unsupervised.
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jon-nyc
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And even the respectable media has highlighted things like Greece's low retirement age, high public sector employment, low tax compliance, etc. Bild is just doing it in a tabloid-journalistic manner.
In my defense, I was left unsupervised.
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Klaus
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HOLY CARP!!!
True. Every German knows the meaning of the word "Fakelaki" by now. And there is nothing wrong with highlighting these things.
Trifonov Fleisher Klaus Sokolov Zimmerman
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Piano*Dad
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Bull-Carp
.... and it's things like Fakellaki that convince me that bailouts are truly problematic in an EU context. The EU cannot (or will not) force a sovereign member essentially to undergo an internal revolution as part of the agreement, and therein lies much of the problem with bailouts. They are temporary palliatives designed largely to pull current investors' chestnuts out of the proverbial fire.

I will begin to believe that the Greek government is serious when I see fundamental reforms to the Greek court system (especially it's tax branch) and to the police. These are where the serious problems lie. The society is pretty corrupt, top to bottom. This is not a moral judgement, actually. People respond to incentives, and those responses ultimately become part of the political DNA, so to speak. When a 'people' think that tax evasion is part of the national culture, like a good game of soccer, then you have real problems when that society's basic economic institutions (monetary systems, for instance) are blended with other societies whose institutions are more transparent, and, frankly, much more conducive to long run growth.
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