Beware dan­ger­ous il­lu­sions

Kathimerini English - - Front Page -

How lovely it would be if there were a mag­i­cal way to si­mul­ta­ne­ously solve the huge prob­lem of Greece’s debt and also of the deficit that makes it de­pend so en­tirely on bor­rowed money. We all feel the de­spair of the es­ca­lat­ing num­bers of the unem­ployed, of the pen­sion­ers on the low­est scale and of the peo­ple liv­ing on the poverty line, not to men­tion those be­low it. The thing is, how­ever, that the choice is be­tween dif­fi­cult so­lu­tions and de­struc­tive so­lu­tions. The pop­ulist forces in this coun­try, ei­ther due to self-in­ter­est or ide­o­log­i­cal ob­ses­sion, in­sist on pro­mot­ing the idea of a uni­lat­eral can­cel­la­tion of the debt and that Greece can sur­vive with­out an­other mem­o­ran­dum. And yes, it can, but only in a state of poverty and beg­gary, with its pub­lic ser­vants and pen­sion­ers out on the street. Un­for­tu­nately, there are no easy choices right now and no one has the right to cul­ti­vate il­lu­sions in a nation that is al­ready at the end of its tether.

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