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View Diary: Why the world may change on Sunday (and how it could affect the 2012 election) (291 comments)

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  •  Great diary, Georgia (2+ / 0-)
    Recommended by:
    Georgia Logothetis, mightymouse

    I hope you get down this far in the comments to answer these questions.

    1. How much would enforcement of tax collection help Greece out of its crisis?

    2. Can Greece go Iceland?

    3. How will Greece's football success at Euro 2012 today affect voting tomorrow?

    A public option for health insurance is a national priority.

    by devtob on Sat Jun 16, 2012 at 07:54:12 PM PDT

    •  Thanks (2+ / 0-)
      Recommended by:
      George Hier, devtob

      1.  Tax collection

      It would help more on a credibility angle than on actually helping Greece out of the crisis. The tax evasion issue is one that probably infuriates Greece's European partners the most, and showing positive progress in upgrading and properly using an efficient and effective tax collection system would go a long way toward restoring some confidence in an otherwise dysfunctional government.

      It's a very tall order. This is a pretty frustrating read:

      How a computer scientist tried to save Greece

      2. Iceland v. Greece

      I don't think Iceland can or should serve as a template. If I recall correctly, Iceland's unemployment didn't break 8% during their crisis. Greek unemployment is over 23%. The type of income drop Iceland saw would throw much of Greece into abject homeless and poverty. From a banking angle, Greece has an overwhelming amount of sovereign debt out there which makes an Iceland-type of approach far more risky not just for Greece but for the eurozone as a whole.

      3.  Football

      Let's see if all the partiers tonight will wake up in time to vote, heh. I actually think the win today was a good jolt of positive energy. Greeks haven't felt pride in their country for a loooooong time. Going to the polls with a little bit of that helps. Turnout should be higher than the last election regardless, which I think would favor Syriza.

      •  Maybe Argentina is (1+ / 0-)
        Recommended by:
        IreGyre

        is a better template than Iceland, but telling the banks to fuck off has worked for those countries.

        And is politically popular in most countries.

        Re: tax collection, the only people who complain about fair, rigorous tax collection are tax cheats. Unless they are a majority, that should be politically popular, too.

        And, as you imply, if Greece had "an efficient and effective tax collection system," it could borrow money at a much better rate.

        Re: football, the tremendous "jolt of positive energy" from Greece beating Russia, against all odds, should inspire anti-austerity voters, IMHO.  

        A public option for health insurance is a national priority.

        by devtob on Sat Jun 16, 2012 at 09:08:33 PM PDT

        [ Parent ]

        •  heh... What does Putin and the oligarchs want? (1+ / 0-)
          Recommended by:
          devtob

          I get the feeling that Russia prefers a disunited weaker EU... just saying... and CT says that anything they can game to attain that is on the table... Showdown over Syria? Games with Natural Gas distribution? throwing a football match if it would help push an election in Greece in a direction preferred by Russia? Who can say. They certainly have a lot more power to manipulate things than even somewhat more democratic countries.....

          Pogo & Murphy's Law, every time. Also "Trust but verify" - St. Ronnie (hah...)

          by IreGyre on Sun Jun 17, 2012 at 01:57:06 AM PDT

          [ Parent ]

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