Origins of the Greek Debt / Eurozone Crisis: Greek Bailout, 1947

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Recovery Resources . Recipe for disaster - * Take one small, war-ravaged nation with no natural resources and no heavy industry to speak of. *Subsidise their economic recovery to ensure the right outcome in their ongoing Civil War by ensuring the establishment of a comfortable, broadly social democratic welfare state, with an ecconomy based chiefly on tourism to ancient sites and the excessive breaking of crockery after every meal. * Leave to stand for 60 years until the social welfare expectations are firmly set. * Firmly adhere this economy to those of all the economic and industrial powerhouses of the EU and observe results. "From Stettin in the Baltic to Trieste in the Adriatic an "iron curtain" has descended across the continent. Behind that line lie all the capitals of the ancient states of Central and Eastern Europe. " Winston Spencer Churchill, 1946 This was not *quite* true. Although many of these states and nations had been agreed upon negotion at the Tehran, Yalta and Potsdam Conferences to fall within the Soviet sphere of influence after the War, there was an exception that Churchill was desperate to cover under a secret, side deal at Fourth Moscow Conference in 1944, attended only by Churchill and Stalin. Winston was a public school boy, schooled in Classical Civilisation, Homer, Plato and Ovid and tales of The Grand Tour, birthright of all young British nobles. To Churchill, the idea of Athens being walled off from Britain and under Soviet control was unthinkable. He negotiated ...

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