Friday 10 December 2010

Greece's sovereign debt, Act 3, Scene 2

In which Geoff Papandreou (prime minister of US - Swedish origin) and his government of merry amateurs pretend to resist the authority of evil IMF;
And their cronies all over the village clapped furiously at this display of heroism;
And the media, in unison, stroked the government's fanny and applauded very much;
(Someone forgot to tell the them, the feudal lords have sold out!)

The evil IMF sends over emissaries to subdue the patriotic insubordination;

In a fit of rage, the Grand Vizier himself flies over to Greece and addresses the feudal lords;

The lords respond, they know not what to do, they fear a big to do from their chattel called the civil service;

The ask the Vizier, would He do it instead? And he said, "aye I will be your doctor";

The feudal lords requested for some delay, to get their act together well this time and prepare to leave the country, taking with them their jewels and their bullion;

No, said the evil IMF, not before you implement change...

"Please, no", said the local lords, "this burden is too heavy for us and we will be to blame!" "Let us at least save our vassals and our chattel, and let the privates take the brunt!"

And so it was that private sector unemployment reached its all time high before the next one next week and the public sector remained complete...

Don't forget to tune in for our next episode!

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