What exactly is it that they are holding these seemingly endless rounds of meetings about? And what of all these facts and figures our news readers are always spouting, as they stare out of the screen with their knowledgeable looks? What does it all mean? How broke is broke? And how did the situation get so bad?
Having done a little research it seems the most straightforward answer is that the Greeks are a bunch of pathological liars, who have elevated tax evasion to a national pass time! Successive governments have cooked the national books to hide the fact that their national deficit is not 3.7% (about $US11.5 billion) of the value of everything the country produces (GDP), but in fact more like 15.7% of GDP, or $US48 billion.
This alone would seem like a good reason to put a gun to the heads of members of most of their recent governments and pull the trigger, rather than just make them promise to do better in exchange for billions more bailout cash (they have already had $US 110 billion and now need another $US 170 billion to stay afloat). And there's more; there are just under 11 million Greeks in a country that owes almost $US 600 billion, but, as a nation they only turn over $US 312 billion annually, and the tax evasion rate is estimated at about 50%. Is anyone getting the impression these bastards don't want to pay up?
How can anyone claim to be sane and also want to be in business with this bunch of criminals? There are two major currencies operating in Europe and one of them is the 'Pound Sterling', perhaps the Germans, French, and any other non-criminal, solvent European states might like to join it?