Greece and the EU, and why we should ask ourselves how we could cope with a similar state bankruptcy
A recent update by John Robb on his Resiliant Communities website regarding the Greek state's destitution and looming 35% budget expenditure cuts reminded me of the a recent email report I received from my Member of the European Parliament which included the following quote, which I think highlights the state of current thinking in the European Parliament towards Greece's predicament:
"A Greek general election which will show whether the Greek voters accept the austerity or they coose to because (sic) a broken third-world country."So is he suggesting that somehow cutting expenditure by near 40% will result in Greece *not* becoming a broken state, and that to 'accept austerity' that conditions will improve for the Greek populace? Surely the only winners here will be the banks and investment funds that EU/IMF bail-outs will be repaying.Robb's answer to impending Greek-style state bankruptcy is for communities & individuals to become more 'resilient' and less reliant on ever-shrinking state support. While I am in no way a supporter of small-state or libertarian solutions, I do feel that it is only sensible to do as much as you can for yourself and your community, if only to lesson the burdon on stretched resources and leave as much in the system for those that need extra support.


