Greece, the Sacrificial Lamb

La política que Alemania quiere imponer a Grecia de recorte en el gasto sin reestructuración de deuda, hundirá aún más la economía griega y hará inevitable el default.

Stiglitz: «Structural reforms are needed, just as they were in Indonesia, but too many that are being demanded have little to do with attacking the real problems Greece faces. The rationale behind many of the key structural reforms has not been explained well, either to the Greek public or to economists trying to understand them. In the absence of such an explanation, there is a widespread belief here in Greece that special interests, in and out of the country, are using the troika to get what they could not have obtained by more democratic processes.»