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Comment Re:Austerity or... (Score 2) 359

Greece needs to put as much effort and money as needed to put to an end to tax fraud, mainly from big fortunes as well as a stronger progressive tax law centered on direct taxes, not indirect like VAT as the IMF insists on doing. With only this, there will be no need to touch VAT, pensions, healthcare or education.

This is extremely optimistic. But your post helps me understand the Greek viewpoint. They are in for some hard times.

Comment Re:You think Greeks want MORE electronic money? (Score 1) 359

The problem most Greeks suddenly face is that their money is now locked up as electronic balances in banks that have shut down for a week and won't let them have more than 60 euros at a time.

That sounds reasonable compared to what happened when the US was on the gold standard......the government confiscated the gold. No 60 coins for you, it all went to the government.

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