European Leaders Bludgeon Greeks With Threats of Grexit

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European Leaders Bludgeon Greeks With Threats of Grexit
Even Zeus himself doesn't know the best way to go. Source: Investing.com

It’s not easy being a Greek today. Virtually everyone agrees (including the large majority of Greeks) that the country has lived beyond its means for decades and that big changes have to be made, but there is vehement disagreement about how to get the country back on its feet again. Due to myopic and self-centered leadership in the European Union and Greece refusing to actually come to terms with the serious problem, the country has already suffered through an almost five year recession cum depression where the economy has shrunk by over 25% and youth unemployment is above 50%.

Now the cynical politicians who claim to be leaders in the EU are piling pressure on the Greeks to vote “yes” in the upcoming Grexit referendum on the onerous bailout they are offering the country. These politicians are trying to bludgeon the Greek people into accepting another “austerity” bailout program that will lead to many more years of suffering by the Greeks, and are willing to stretch the truth to get the job done.

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The hawkish leaders of the EU are working hard to hammer home the obviously false message that a “no” vote in the referendum means a Grexit. They can’t quite come out and say “we are going to kick you out of the EU if you don’t agree to our austerity bailout and years of poverty for millions” so they say it will be “extremely difficult” to make a deal to stay in the EU if Greeks vote “no”.

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