Thursday, July 9, 2015

Crowdfunding to Bail Out Greece

Someone raised a couple of million on Indiegogo to bail out Greece.  Now a couple of million ain't gonna do it, and it is not clear where the money will go.  Also, it begs the question, does Greece need a bailout, or deregulation of their economy?  Or escape the EU?

Natural disasters are occasions of great outpourings of charity, so this is nothing new.  And there will be plenty more opportunities to bail out countries over the next few years.

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