Life under capital control
The
situation in Greece is of course tragic, but also very interesting.
The interesting part is in the people of Greece, how they think and their proudness, even though the fact that they have had several economic crises under the 20th century. One can think ”Do they never learn?”. I myself think that it is very hard to put myself in their logical thinking in politics and rules. Isn’t it quite easy to do the calculation of when the inhabitants should retire without the economy getting hurt? There are several other countries in Europe that they could snap some ideas from, but in media it just seems like they don’t. The mistakes from the elder politicians are now hitting the new generation of Greece.
A country that has nothing can nothing much do. Or can it? Of course it can. Greece has the ultimate starting point. There is no way it can get worse, there is just one way, and that is to the better. Now is the time for the new generation to maybe suggest some risky ways of ruling the country. The tricky thing is to get out of the bad spiral, of course. It is indeed very hard to do anything without money. You can’t force the older generation to work longer if there are no jobs. And without jobs there are no incomes. And without incomes, there are no taxes to collect. And without taxes to maintain the country, there are no ways to come up with new jobs to the workforce and so on. What the politicians need to do is to figure out a plan. A plan that gets the business going again. When they have done that, then it is time to look after investors who are willing to see Greece as a modern country again, and who are okay with the thought of seeing the money in 70 years again or so.
The interesting part is in the people of Greece, how they think and their proudness, even though the fact that they have had several economic crises under the 20th century. One can think ”Do they never learn?”. I myself think that it is very hard to put myself in their logical thinking in politics and rules. Isn’t it quite easy to do the calculation of when the inhabitants should retire without the economy getting hurt? There are several other countries in Europe that they could snap some ideas from, but in media it just seems like they don’t. The mistakes from the elder politicians are now hitting the new generation of Greece.
A country that has nothing can nothing much do. Or can it? Of course it can. Greece has the ultimate starting point. There is no way it can get worse, there is just one way, and that is to the better. Now is the time for the new generation to maybe suggest some risky ways of ruling the country. The tricky thing is to get out of the bad spiral, of course. It is indeed very hard to do anything without money. You can’t force the older generation to work longer if there are no jobs. And without jobs there are no incomes. And without incomes, there are no taxes to collect. And without taxes to maintain the country, there are no ways to come up with new jobs to the workforce and so on. What the politicians need to do is to figure out a plan. A plan that gets the business going again. When they have done that, then it is time to look after investors who are willing to see Greece as a modern country again, and who are okay with the thought of seeing the money in 70 years again or so.
So what’s
up with the life under capital controls? Yes, it sucks, but instead of whining
about it, start doing something about it! Easy for little me to say..
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