It's just my opinion, I could be wrong

So, the IMF published a memo on the Greece debt situation (memo is here , link referencing story is here ). Basically, the memo outlines why the IMF will refuse to give Greece any more money, unless the other EU countries sign up to give Greece their money first. It is, by all appearances, a rational response to the most recent asinine bailout "agreement" reached over the weekend , which calls for (among other things) the IMF to dump another 50B euros into the bottomless monetary waste pit that is Greece. Yes, by refusing to participate in the latest round of handouts, the IMF might be writing off its loan to Greece. However, with the current economic and political realities in Greece, they probably should have written off that money at the point they "lent" it, and certainly should have penciled it in as "gone" at the point of the latest elections. Greece simply has no will to repay their national debts, even if they had the ability to do so (which they...

So Greece has been in the news a lot recently, as a predictable culmination of a sequence of intentional steps which have brought the world to this point. To recap, an abbreviated summary: Greece develops a culture of entitlement, with an economy heavily dependent on tourism and healthy government benefits for the people, such as government pensions and a retirement age of 50 Greece joins the EU to establish a common currency, which helps their tourism industry, but like other socialist-leaning countries ignores the nominal requirement to be nationally fiscally sound Greece runs up large deficits which they cannot pay, requiring initial bailouts, which are granted because the EU is afraid of collapse should a member state default (and due to pre-existing financial rescue efforts and organizations, such as the IMF) Greece doesn't change any of their policies, or enact any meaningful reform, and in a couple of years obviously needs further handouts to pay their ever-increasing...