The fallout from the Greece government’s debt crisis seem incomprehensible. Multiple murders on the streets of Athens, including a pregnant woman in a bank, have resulted from violent rioting over government-ordered cutbacks in pay and pensions to public service employees.
(Pawn Stars are the new gods in Athens)
While the bloated bureaucracy of the Greek government deserves the immediate blame for the current upheaval, there’s another major contributor to the civil unrest roiling the avenues of Athens.
The 2004 Olympics.
As I’ve watched coverage of the Greek debt crisis in past months, it’s astonishing how little attention has been paid to how the financial black hole wrought by the 2004 Athens Games played a role in the now upside-down Greek economy.