Sunday, June 9, 2013

Future of Europe? Greek Poverty in 15 Shocking Pictures

Greek government bonds are at multi-year highs (up 300% in the last year), the Athens Stock Index still up 100% in the last year, and leaders all over the Euro-zone are proclaiming the crisis is over (and that Greece has "made big strides")

The new Greek economic reality.

The sad truth is Greece is rapidly dissolving into a 'fourth world' nation with unemployment rates (broad and youth) at unprecedented levels, poverty widespread, and homelessness rife. Perhaps, as Germany today stated that there will be no more debt reduction for Greece, it is 'math' in the first image that the TROIKA and the Greek representatives should pay special attention to...