Greece Is Often Rescued, but Never Saved

During the past five years, the Greek economy has been saved an endless number of times and the headlines are always the same. Very little changes, whether the move is termed a rescue or bailout, and expectations are the same. The "rescue" this time is no different, even if Greece's voters approve of an agreement. The truth is that the debt-problem is just being postponed, and for every "rescue," the Greek economy takes another step backward.

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