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Wednesday, February 08, 2012

Greece Draft Cuts Minimum Wage 20%

http://www.bloomberg.com/news/2012-02-08/greece-pledges-20-cut-in-country-s-minimum-wage-level-draft-accord-shows.html


I am sure it will be a peaceful resolution where all the Greeks come together and sing kumbaya and thank the bankers for their new found Austerity.


NOT! prepare for major riots in Greece for sure.

2 comments:

  1. How do you take 20% from nothing? I dont get it. 60% of them are unemployed as it is. The US should be taking notes. NEXT!!!

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  2. Face it, its not really a 20% haircut, most of this NEW found money will go strait into the hands of the bankers and Bond holders.

    ReplyDelete