Europe’s inevitable Greek divorce
I had a little bit of fun amidst all the seriousness on Canadian TV
yesterday, laying out my genius solution to the Greek crisis:
Canadians. (My segment starts at about 19:20 in.) Essentially, Germany
wants Greeks to become German: to stoically accept real wage deflation
while working hard and paying their taxes in a good Protestant manner.
Canadians are well-educated, productive, and very good at paying their
taxes; what’s more, they’d probably like somewhere warmer to live,
especially in the winter. So bring all the Canadians to Greece, where
they could help turn the economy around, and leave Canada to the
commodity companies and the Chinese property speculators. It’s basically
the Davos to Greece idea, taken to its logical conclusion.
Reuters
