Greece Isn't a Victim

By Greg Scoblete
November 02, 2011

Greece is no victim.

There's a lot to say about the Eurozone crisis, but one thing to note contra Robert Kuttner is that Greece isn't some hapless victim in this drama. They deliberately cooked their books (with help from the expert book cookers at Goldman Sachs) to get into the Eurozone. As a result of their fraudulent book-keeping and widespread corruption, they have imperiled the Eurozone (which admittedly was built on a totally unsustainable foundation). Treating them as the victim of banks is far too simplistic.

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