[atomiczombie]

I think what is happening in Greece is a symptom of a much bigger problem. Banks are extending credit to individuals/businesses/government entities who have no way to pay them back. And somehow these banks find ways to make money still. They shift these debts around to the point where governments have to bail them out.

Now the EU is bailing out Greece and it comes at a terrible price for the greek people. The question is, how did Greece get into so much debt in the first place? The greek government horribly mismanaged it's programs and spending, that is the easy answer and it is true. However, huge American corporate banks had a hand in this too. They helped Greece hide the true magnitude of it's debt from the EU until it hit catastrophic proportions. Now the austerity measures mean that the greek people have to pay for their government's mistakes. And guess what? The people in the government who wrecked the Greek economy, along with the banks who helped them do it, will never even go on trial, let alone see the inside of a jail cell for this horrific crime.

This is a symptom of a much larger problem. The global economy is in the hands of a few very powerful corporations and banks, and they are bleeding the economies and people of the world dry. Governments are bought and paid for by these corporations and banks, so the people have no one representing them. Democracy is dead.