Of course, the economics behind the programme that the “troika” (the European Commission, the European Central Bank, and the International Monetary Fund) foisted on Greece .. http://www.theguardian.com/world/greece .. five years ago has been abysmal, resulting in a 25% decline in the country’s GDP. I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences: Greece’s rate of youth unemployment, for example, now exceeds 60%. .. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115108920
.. that written by Joseph Stiglitz .. it is a sad reminder of just how damaging sticking to principle can sometimes be, and of how fortunate we are ..
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”