A lot can happen in 2,500 years.
Back in its day, Greece ruled the world – albeit, it was a much smaller world. But that was a long, long time ago. So long ago, we routinely refer to the Greece of those days as “ancient Greece;” the only thing it has in common with the Greece of today is its geography.
Greece has gone from Alexander the Great to Alexis the Not-So-Great. That would be Alexis Tsipras, leader of the Coalition of the Radical Left, who was elected prime minister in January. Tsipras’ plan for bringing his country back to solvency is to pretend its debts don’t exist and to keep on spending. After all, that worked so well for Argentina.
After being bailed out twice by Eurozone leaders, Greece is no closer to solving its economic problems. The only difference now is that it has more debt. If Greece were a person, you’d cross the street if you saw him approaching, because you know he’d bum money off of you and use it to bet on the ponies.
The Eurozone’s bailouts were contingent upon Greece following an austerity program. But Greeks have had enough of austerity and elected Tsipras as the anti-austerity candidate. So after two bailouts, Greece is still an economic failure – and it’s all Germany’s fault, since Germany actually wants Greece to stick to its austerity program and pay back its loans.