The Greek economy is falling apart. Yet pretty much all we hear about is the need for a bailout to prevent Greece from defaulting. What we don’t hear about is that any bailout will not go to the Greek people but to the banks and institutional investors.
So what does this mean for the people of Greece? The NY Times and several other news outlets have written about the problems the Greek people are facing. Since we are doing everything we can to drive off the cliff of economic ruin ourselves, I thought it might be interesting to see what a future that includes economic disaster looks like for people not banks.
Read on if you dare…..