Monday, April 9, 2012

Greece Escapes to Anarchy, Recovery Begins

Watch this short video on how people in Greece are responding to the crisis in state policy and planning.  As the Greek state system fails, Greeks are stepping in and helping out, using economic models that work. See how they provide food, healthcare, currency, media, education and reform distribution.  (That currency they introduced is really "tallies," not money).



One thing the free market is not able to offer...housing... because all of those euro bailouts are keeping the price of housing high, so that the banks do not experience any inconvenience... Greece cannot recover until it repudiates its debts.  Then housing prices will fall.   

Note also every scheme in this video is illegal in USA, so what the Greeks can do peacefully, in USA will be answered with violence.  For USA it will be harder to reform.

When rents in NYC are begin to fall fast, you’ll know the rebound has started here.



A hat tip to Anthony for this one... Feel free to forward this by email to three of your friends.


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