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Showing posts with the label Greece

World Will Lose Greek Heritage

The culture of Greece is at risk and this is where democracy was born, Surely, funding can be found from other countries. National cuts have reduced the archaelogical workforce to a dangerous low level. Up to 50 per cent of workers in total will be dismissed, Just maintaining ancient structures is expensive. Of more immediate threat are museum pieces, not fixed ancient buildings though illegal diggings are threatening these. museum security guards have been laid off. Armed robberies are increasing. Offical research projects funded from other countries are continuing. but all local digs have ceased as the money is stopped. Work on ancient walls built in the time of Pericles located under the metro rail line, no longer takes place. The dig is important to understand how the access way from Athens to the sea affected the way the fleet of ships was used during the Peloponnesian War. There will be a real loss of experienced specialists as they take early retirement. Those left spend...

Europe Will Bring the World into Depression

The European economic situation is becoming a world problem. There seems to be no way the Euro can be saved. There will definitely be a flow-on effect to the world economy. Despite the new agreement, without the UK, nothing has really changed. The regulation and punishment for spending too much is too late for Greece, Spain, Portugal, Ireland and Italy. When these countries ultimately default, and they will, France and Germany will be drawn into Depression with them because their banks have continued to lend to these deficit countries. There will be another problem in Europe that no one has highlighted. When unemployment gets too high in the struggling countries life will be unbearable. Labor is free to move across borders in the EC. Workers will move to where the work this. That is Germany and to a lesser extent France. Economic refugees will flood across the borders. The UK will not be exempt from this. For centuries England, Scotland and Wales have been destinations for w...