by Aristotle Stavridis
Wiki Greeks
October 4, 2011
It’s no myth that the Greek government is now having to navigate between a rock and a hard place. If it chooses the Scylla of austerity, it reaps social upheaval and violence. Default and exit from the Eurozone are Charybdis, potentially wrecking what remains of the ship of state and the Greek economy. The Troika is blowing the Greece ship towards Scyllato prevent a pan-region – and potentially global – economic collapse. Meanwhile, Greece’s unions are threatening to push the nation towards Charybdis as they attempt to shatter the shackles of austerity.
Ultimately, safe passage depends on the structural integrity of the ship (Greece) and the courage and skill of the captain and sailors steering it (Greek lawmakers). In practice, the ship is rotten, and those responsible for its survival have yet to take the steps needed to rebuild it from within.
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