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The recent suicide of a cash-strapped Greek pensioner is a sign of the dire situation Greece finds itself in. It can be solved only by extreme measures such as default and giving up the euro, believes financial advisor Patrick Young.
“The Greek government is bankrupt. It cannot afford to stay in the euro and pay its debts,” says Young, executive director of investment consultancy DV Advisors.
A 77-year-old retired pharmacist fatally shot himself outside the Greek parliament in Athens on Wednesday. In a suicide note he said that he refused to “search garbage for food and become a burden for my child.”
It is a ghastly situation that Greek people are now forced to kill themselves to avoid poverty, Young told RT. “Unfortunately, everybody quite simply within Greek politics and a huge number of the politicians within the European Union must stand accused of effectively leaving their citizens to starve to death.”
Nevertheless, Greek politicians are the highest-paid in the EU, stresses Young. Some of them make €15,000 per month “which is enough to pay for dozens of pensioners every month in new austerity Greece.”
The European Union is in mortal danger if does not get its act together, Young claims, saying that the EU needs to see an outbreak of government. “What we need now is leadership. Let’s not see any more marchers. Let’s do something that solves the problem instead of leading to more summits, more austerities.”
In Italy, a 78-year-old woman jumped out of her third-floor apartment on Tuesday after her monthly pension was cut from €800 to €600. Since the 25 per cent cut, the pensioner from Sicily had reportedly been struggling to make ends meet.
“Clearly she trusted the government with her pension money. And that frankly is an absolutely ridiculous thing these days because governments within the European Union are just not trustworthy,” Young said.
The once-thriving Greek port city of Perama – just 14.48km away from the capital of Athens – could be on the verge of a “humanitarian crisis”, said global humanitarian aid organisation Doctors of the World on Friday, as thousands of residents struggle to afford basic human necessities such as food and healthcare.
Originally posted by gladtobehere
reply to post by thinks
Things are terrible no doubt but its exactly why socialized anything doesnt work. These centrally planned models are unsustainable and the World is finding this out very quickly.
Originally posted by Freeborn
reply to post by gladtobehere
It has nothing to do with socialism and everything to do with greedy and corrupt politicians and administrators, political correctness, continental European egotism and the pursuit of hidden agendas which have little regard for the wishes and well being of ordinary, everyday Europeans.
Originally posted by InfoKartel
There is NO SUCH THING as EUROPEANS. As soon as people stop using the word as if it were some kind of country,
I think you'll find it's a continent...
And I suppose there are no Africans either? Asians?
Mate you clearly don't understand the power of words.
Repeat it after me: "There is no such thing as Europeans".
You can't even lump it together, the geographical entity is just that. A place. It does not refer to a people
. If you want to refer to people in Greece, you call them Greeks. Netherlands? Dutch. Not Europeans. Spain? Spanish or Spaniards. Italy - Italians. Not Europeans.
Not trying to have a go at you by the way,
Originally posted by InfoKartel
Yes, Europe is a continent. Europeans are not a continent. You can refer to people living in Europe as Europeans, but only if you are ignorant to where they are from and "how were people from that country called again?"
How many cultures are there in Africa or Asia? And would it be okay to just lump them all together even if they are mortal enemies?
I mean, you might as well call them Earthlings if you're going with Europeans. It would make MORE sense.
Originally posted by CosmicEgg
The EU was a terrible idea and its implementation has brought us nothing but suffering here. No one has gained, except government. Only they have seen their way of life improve, and they had it too bloody good in the first place.
I want our old Europe back. When I go to France, I want to go to France. When I go to Denmark, I want to see Denmark. When I go to Spain, it's really Spain I'm there to see.
We're more divided than ever now but what we've really lost is our cultural identities. It didn't go with the currency, it went with the homogenization of European daily life. Not one thing is better now.
Let the EU die its natural death. It's on the doorstep now. Let it fall. Show it some mercy.
One world government? No thanks. This was an abysmal failure. Who really thinks it can be done on a larger scale and have it somehow turn out better?