Greek Crisis with Neil Cavuto
On July 6th I spoke about the Greek Crisis with Neil Cavuto, a tragedy which is starting to feel like a Sisyphean set of negotiations stuck in a Groundhog day style loop. Bottom line is Greece cannot be expected to honor its debts. Any additional debt is simply a form of much needed aid, to help the country until it comes to terms with the reality of just how many promises that have been made to its citizens will need to be broken. This Greek tragedy reveals the extent to which all nations within the Eurozone may be forced to give up their sovereignty when things get really tough. The concept of the Eurozone was intended to ensure peace between nations weary of centuries of war and prosperity for all. Prosperity is a long way off for many and peace, well the level of acrimony is becoming dangerously high.
