Via- the Greek financial crisis isn't about welfare, it's about corruption.
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- If no one wants to fix the problem then it sure as hell is not going to get fixed ;-)Feb 15, 2012
- Michael Lewis talked about this too in Vanity Fair.Feb 15, 2012
- I haven't listened to the show, but I wonder why corruption would have gotten worse in the last few years. Certainly, government expenditure as a % of GDP grew a lot in the last few years, with revenue dropping off:
http://www.greekdefaultwatch.com/2011/04/spending-trumps-revenues-in-greeces.htmlFeb 15, 2012