Wednesday, May 12, 2010

Is The Greek Debt Crisis Being Purposely Hyped And Manipulated?

Everywhere you turn in the financial media right now you see some "expert" declaring that the Greek debt crisis has become a "contagion" which is going to spread all over the globe and which could potentially bring down the entire world economy. Now certainly Greece has badly mismanaged their finances for decades, and without a doubt they have gotten themselves into a huge mess. But could Greece bring down the entire world economy? Hardly. The truth is that you could remove Greece from the world economy tomorrow and most people would hardly notice. The economy of Greece is only about 2% the size of the United States economy, and it takes in less than 0.1% of U.S. exports. But we are being led to believe that Greece has suddenly become the epicenter of a financial crisis which is going to bring down everything. Could it be that this Greek debt crisis is purposely being hyped and manipulated? Could it be that this Greek debt crisis is yet another example of the "problem, reaction, solution" paradigm that the global elite have employed so many times before?

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