Is there anything common between the demonstrations in Greece, Libya and Syria?
Wouldn't it be good for Greece to go bankrupt as Island did? Island seems to be OK now.
Why wouldn't the US default on its debt? Again there is nothing wrong with Iceland.
Why in the case of Greece the world community represented by the IMF appears to be aganist the people while in Libya the UN Security Council and NATO appear to protect the people?
It looks like former IMF Dominique Strauss-Kahn and his accuser both demonstrated poor judgemnt. He ruined his career and she her lucrative money laundering side business. So they were both in finance and both not very clever. No wonder the financial system is plagued by crises.
Why do things go wrong?
Everything of course can be blamed on world imperialism, illuminati conspirators or the Satan himself, but the more plausible explanation will be that it is human stupidity that causes all the suffering. It is a ignorati conspiracy and the only way out is if we the reasonable stop being complacent.
The IMF and NATO offer a knee jerk reaction to serious problems. The debt is not the problem in Greece it is the symptom of inadequate development but neither the IMF nor the EU seem to be concerned with treating the causes. In Libya the lack of democracy is the problem but there is not thought about post Gaddafi reconstruction. The naïve expectation that things will just work out may backfire the way things turned out in Somalia, Kosovo, Afghanistan and Iraq.
It is our world and if we don't take care of it it will come crashing on our heads. It is not someone else's fault and someone else's failure. It is my failure too but mostly your failure. Think about it and write a passionate comment.
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