I’ve shared lots of analysis (both serious and satirical) about the mess in Greece and I feel obliged to comment on the latest agreement for another bailout.
But how many times can I write that the Greek government spends too much money and has a punitive tax system (and a crazy regulatory regime, a bloated bureaucracy, etc)?
So let’s try a different approach and tell a story about the new bailout by using some images.
Here’s an amusing perspective on what actually happened this weekend.
I explained a few days ago that the bailouts have simultaneously enabled the delay of much-needed spending reforms while also burdening Greece with an impossible pile of debt.
But the Greek bailouts, like the TARP bailout in the United States, were beneficial to powerful insiders.
Here’s a look at how banks in various European nations have been able to reduce their…
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Utopia, you are standing in it! 
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