July 08, 2015

"If you're Greek and you want to be industrious and clever, you leave Greece"

Ezra LevantRebel Commander

Columnist David P. Goldman, a.k.a. "Spengler," literally wrote the book on how civilizations die. Who better to talk to about the economic crisis in Greece, the EU and the world at large.

Goldman notes that Greece and Germany both have low birth rates, but Germany is still doing much better.

Why? For one thing, Germany has raised the retirement age to 67, while Greeks still expect to be able to retire in their 50s -- and have Germans pay for it.

"If you're Greek and you want to be industrious and clever," Goldman says, "you leave Greece."

Greek culture is based on "familial amoralism," "where you feel no loyalty to your country or your neighbors, only to your relatives -- and you cheat as much as possible."

Goldman notes that because of this, you can't start a business or a factory there.

Puerto Rico also exhibits "Greek-like" amoral behavior and is reaping the consequences.

Goldman also warns that states like California and Illinois are also borderline basketcases, and for similar reasons: Black market economies, over regulation and corruption.

It's a fascinating, wide ranging conversation about culture and economics you won't want to miss.

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commented 2015-07-12 19:39:22 -0400
This is the kind of coverage that I look to Rebel to provide. Thanks Ezra.
commented 2015-07-09 00:26:20 -0400
PETER NETTERVILLE ; I laughed out loud when I read, “Maybe their is a leftist lemming propaganda meeting tonight.” My laughter quickly turned to horror when, for some reason that scene from the Will Smith movie ‘I Am Legend’, with the zombies all standing huddled together in the dark, in a circle, doing their breathing thing, flashed in my mind…weird.
commented 2015-07-08 23:31:16 -0400
Liza said: “Funny you never see the trolls commenting on these articles.” Wouldn’t add much to the discussion anyways. Just more hyperbole about TheRebel not being a “real” news source full of evil Conservatives, Ezra is not a real journalist lying about and picking on the Greeks. That’s pretty much the modus operandi. Did I get it right?
commented 2015-07-08 22:12:22 -0400
None of our trolls have shown up this evening. Maybe their is a leftist lemming propaganda meeting tonight.
commented 2015-07-08 22:08:35 -0400
Really interesting interview. Lots to absorb.

Funny you never see the trolls commenting on these articles.
commented 2015-07-08 18:38:08 -0400
Goldman’s analysis is spot on, as usual… But you don’t have to stray as far afield as Greece to see “familial amoralism” in full bloom… Starting in the early 1980s, the Lower Mainland around Vancouver sprouted fleets of “little white vans, bearing no business names” whizzing hither and yon, and seemingly blocking every laneway. Evidently there was an underground economy growing…. Dare to guess if those “entrepreneurs” were/or are paying taxes or keeping paper records of their transactions? Don’t be silly…
commented 2015-07-08 18:23:37 -0400
Greek sociology aside, don’t the elites of Europe also have egg on their faces? The wealthy Germans wanted ready markets for their goods and the banks of Europe were willing to lend money to Greece (and other countries) so that Greeks (and others) could buy their goods. The bankers (those that are part of the World Bank, International Settlement and IMF as well as the ECB) must have seen well in advance what was happening. Why didn’t they cut back their lending years ago? Did they want to put Greece into such debt that they would have to get IMF loans at such high interest rates that Greeks would never be able to pay off the principle? I think IMF already successfully tried that in Africa and South American countries which will likely be in debt in perpetuity. Surely, if Greece refuses to pay its debts, the banks have been defeated at their own game.??
commented 2015-07-08 18:08:54 -0400
Very interesting and insightful interview. I believe we here in Canada are grooming the next generation to embrace this same “Greek” philosophy in our Universities. University students, steeped in “Liberal Arts” studies that contribute nothing to the wellbeing or infrastructure of society, are being indoctrinated with the same entitlement mentality that has brought the economy of Greece to its knees; that has brought the economy Portugal to its knees, the economy of Detroit to its knees, of Porto Rico to its knees, of Ontario to its knees, of the Maritimes to its knees; and if Trudeau or Mulcair become Prime minister will bring the economy of the entire Country to its knees. The young are being taught that there is no objective reality or truth, that hedonism is liberation and everything wrong in the world is the fault of big business and big Government. But then they turn to that same Government to solve all their problems. After all, they’re entitled, aren’t they? If the squeaky wheel gets the “Greece” (pun intended) and those “entitled” elite squeak the loudest, we may be less than a generation away from becoming the next “Greece”.
commented 2015-07-08 17:24:49 -0400
Greece has many problems that meld together to produce what one person described as a gridlocked, sclerotic social system beset on all sides by well received idiots with cure all nostrums that wouldn’t fool a child.
commented 2015-07-08 14:51:24 -0400
greece is getting exactly what they deserve. enjoy the ride greece. PII and S of team PIIGS still to come.

SO-SHIL-iZM fixes all, right?
commented 2015-07-08 14:38:08 -0400
Remember Folks . . . . Elections Have CONSEQUENCES . . . Ontar-i-owe is learning that today . . .

The majority of Greeks are still trying to figure that out . . . .
commented 2015-07-08 14:35:03 -0400
Problem in Greece . . .
At a key, last-ditch summit today in Brussels, Greece’s new finance minister didn’t even have a written plan to share with his European counterparts. He reportedly said something along the lines of: “Not to worry, we’ll get back at ya’ tomorrow!”

The Greek Socialists/marxists are just THAT Stupid . . . NO PLAN ? ? ?
When do Socialists ANYWHERE ever have a “Plan” . . . just Tax and Spend . . . in Greece they forgot about the Tax part.

Meanwhile, Schauble and Merkel stuck to Germany’s line that the whole mess was in Greece’s court, saying there’s “no basis for negotiations” yet. Representatives from Finland and Slovakia said they were neither willing to write off Greek debt, nor confident a deal could be reached.
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