Quote Originally Posted by anthonyvop
1 in 3 Greeks with a job work for the Government! So 2 out of ever 3 employed people in Greece were paying the salary of the other one. It is obvious that it is impossible to maintain.
What was impossible to mantain was the debt level of the government. A debt that was well hidden from the EU thanks to -you might have guessed- the likes of your Goldmann Sachses. Long live unrestricted self-regulating free capitalists, until their bubbles burst...
Greek Debt Crisis: How Goldman Sachs Helped Greece to Mask its True Debt - SPIEGEL ONLINE - News - International