This cartoon is one of most brilliant ones I have seen in the last two weeks. The Olympics began in Greece where the discus was one of the events. Isn't it fitting that in an Olympic year the disc that is being hurled is the Euro? Greece is hurting the European Community. The discus thrower is naked too. Has the athlete lost his shirt?
I think there are people who react to visual data such as this one and those who react to text content. At the G8 summit, world leaders are vowing to keep Greece in the EU.
Is Greece a sunk cost?
Which generation is responsible for the Greek debt? For a primer on this question, click here.
I think the G8 will treat Greece like a student with special needs. All of the countries will come together and care for the country to reduce the cost of keeping the country alive. Eventually, the EU and US will divide the country up like a piece of pie and Greece will no longer exist. This dire prediction makes sense to me as it would be cheaper than throwing money down a hole with no return. But, buying the country is another alternative.