Lesson from Greece on this article

I got this over at natural news
It is always of interest to the US because if the “Global economy” that the bull headed stupid thinking of the people’s of Greece. There is mo willingness to compromise certain groups of free loaders oops, I mean people that is spoiling any advancement of recovery and thus they are bringing down their entire economy because they are bound and determined to continue taking from the system without putting anything back. If you think this kind of Crap can’t happen to America then think again.
With current policies of spend, print, spend in place it is a economic certainty we are heading down the course  in the example that Greece has so graciously provided for us.  We are not to big to fail but hopefully we are too smart. Regardless we prepare!!! Enjoy the article mates.

Greece turning to desperate measures as citizens face starvation due to economic collapse 10/25/2012

By Ethan Huff

(NaturalNews) The European nation of Greece appears to be sliding ever so progressively into the abyss of total collapse, as illustrated by a recent government measure aimed at feeding the growing hordes of hungry, unemployed Greeks across the nation. A report translated into English from Voz Populi explains that, under the new law, Greek merchants will now be permitted to sell expired foods at a reduced rate to the nation’s poorest citizens, who are becoming increasingly unable to afford basic necessities.

Since price control efforts have largely failed thus far, as have austerity measures aimed at reviving the nation’s economy, the Greek government is grasping at straws to maintain some illusion of normalcy in a country where the unemployment rate has now breached 25 percent overall, and more than 54 percent among the youth population aged 15 to 24.

“We are sinking in a swamp of recession and it’s getting worse,” Dimitris Asimakopoulos, Head of the Greek small business and industry association GSEVEE, is quoted as saying by phillyBurbs.com. “180,000 businesses are on the brink and 70,000 of them are expected to close in the next few months.”

As far as the expired food situation is concerned, products with both a month and day expiration date will be permitted to sell for an additional week, while products with a “best before” date that contains only a month and year marker will be permitted to sell for an additional month. Food products with only a year indicator will be allowed to sell for an additional quarter year, under the new law.

Because virtually all aspects of the Greek economy are unraveling, though, the measure is unlikely to make much of a difference in reducing overall food costs,asdemand will still likely outpace supply. And repeated efforts to bail out the nation at the EU level continue to spark massive protests and labor strikes, which is only exacerbating the problem even further.

In defiance of proposed austerity measures that would further increase taxes on Greece’s already-struggling private business sector, 70,000 protesters in Athens and at least 17,000 protesters in the town of Thessalonika recently took to the streets. The protests resulted in massive public service shutdowns, grounded flights, hospital and business closures, and public transport failures.

Sources for this article include:




So do you think we can learn a lesson here??

Be prepared mates and remember
Evil thrive when good men stand idle!
Salty Dawg
The Pirates Republic

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