Dear Greece,
Let me tell you a story of an unconscionable business in the United States known as PayDay Loans. The idea is that you need cash today but won’t receive your paycheck until tomorrow. In order to bridge that gap, your friendly PayDay lender will advance you your paycheck but charge a percentage as his fee. This week you are happy to have money in your pocket but guess what happens next week? Next week, you are short again and have to return to your gangster payday lender for an advance on your advance. Soon thereafter, you’ll never see the full amount of your paycheck as you find yourself paying for fee after fee. In the end you are working as hard as ever but have unintentionally given yourself a substantial pay cut. There is no way out of this vicious cycle.
The same thing will happen to you Greece if you take another bailout from the predatory lender dominated by Germany and the Dom Merkel.
Now you get Angela as a partner. Any problems you go to Angela. Trouble with the bill, you can go to Angela. Trouble with Turkey, Finland, ISIS, you can go to Angela. But now you have to come up with Angela’s money every month no matter what.
The economy is bad? Fuck you pay me.
Oh tourism is down? Fuck you pay me.
The olive harvest went poorly huh? Fuck you pay me.
Also, Angela can do anything. Especially run up bills on Greece’s credit. And why not? Greece can’t pay for it anyway. And as soon as the interest is paid, you take the bonds and sell it at a discount. It doesn’t matter. It’s all profit. And then finally, when there’s nothing left, when you can’t borrow another buck from the central bank or buy another case of olive oil, you bust the joint out. You light a match. And steal the beloved islands.