A boy named Greece was invited to a party. He was a simple boy and was excited about going to the party hosted by EU.
He naively asked, “Do I have bring any presents?”.
“No, you just come and enjoy”, replied Germany
The boy was welcomed to a grand opening. There was so much food, different varieties of cakes – chocolate, vanilla, French, German. “Can I have everything, Do I have to pay anything?” asked the boy.
“Yes, what you can have is unlimited, its free” replied France.
Greece had eaten enough for a week, he was so happy. He wished there was a party once every week.EU said, “Its pleasure having you here, you can come daily”,
“Daily!!”, the boy was dumbstruck.
He went to the party daily, he stopped cooking at home and sold his cookware, Spent his money in buying rich German cars, French jets, Korean TVs.
Life was a dream until one day, he was not allowed into the party.
“The party was free for only a week, You need to pay for rest of the parties.”, said IMF, the party organizer.
“But the invitation did not say anything. See, its here, written in Greek” bemoaned the boy.
IMF showed the little note at the corner, *CONDITIONS APPLY.
“Its not written in Greek!”
“You could have asked or found a translator” quipped EU.
“You cannot do this, I forgot how to cook, I do not have equipment to cook, I will go hungry.”
“You got a week to pay off your arrears, or you will be expelled”
If Greece does not meet Tuesday night deadline, it will be the first developed nation to default on debt payment.
The Free Trade agreements, to boost the flow of goods more freely are faulty and exploitative. The goods are just moving in one direction and some nations are losing their work force, industries. Greek yoghurt is famous but I won’t be surprised if they do not make it in Greece anymore, they may be just importing from behind the Alps!
The so called Free Trade Agreements(FTAs) have destroyed corn farming in Mexico (Mexico receives corn, it send drugs back!), shut many industries in eastern Europe, FTAs are beautiful thing if they do not destroy the local industries and agriculture. They have to complimentary to existing livelihood.
The free money that is available world over to boost the economies around the world is destroying some. You will lose money in switzerland, if you invest in bonds, as there is enough free cash!
There is no limit to the money we can print, but there are limits to resources available. you cannot print water, oil, air!
ISIS, new global terrorist organization, has taken a leaf from globalization. They have diverse fighters sourced from the banks of all world rivers. Britishers need not go and die in Tunisia if ISIS had stuck to its territory in Syria. Instead they are forging Free Terror Agreements ( FTAs) with different regions of the world. The way, the world has one factory in CHINA, ISIS(now you cannot blame it to be communist) wants to be the world’s Terror factory!
Greece has recognized that the party has come to an end the hard way. And now ISIS has to recognize that they cannot get weapons from its patrons forever, the Greek Party will come to an end one day, and also the world too should know it…..