Will Greece Default?
September 9, 2010    Disclosures    POSTED IN  EconomyInternational

The October 2010 issue of contains an illuminating article by Michael Lewis about Greece’s current economic and fiscal condition.Vanity Fair

“As Wall Street hangs on the question ‘Will Greece default?’,the author heads for riot-stricken Athens, and for the mysterious Vatopaidi monastery, which brought down the last government, laying bare the country’s economic insanity. But beyond a $1.2 trillion debt (roughly a quarter-million dollars for each working adult), there is a more frightening deficit. After systematically looting their own treasury, in a breathtaking binge of tax evasion, bribery, and creative accounting spurred on by Goldman Sachs, Greeks are sure of one thing: they can’t trust their fellow Greeks.”
Books by Michael Lewis
  • (2010). The Big Short: Inside the Doomsday Machine.
  • (2009). Home Game: An Accidental Guide to Fatherhood.
  • (2008). Panic: The Story of Modern Financial Insanity.
  • Michael Lewis (ed.) (2008). The Real Price of Everything: Rediscovering the Six Classics of Economics.
  • (2006). The Blind Side: Evolution of a Game.
  • (2005). Coach: Lessons on the Game of Life.
  • (2003). Moneyball: The Art of Winning an Unfair Game.
  • (2001). Next: The Future Just Happened.
  • (2000). The New New Thing: A Silicon Valley story. New York:
  • (1997). Trail Fever.
  • (1991). The Money Culture.
  • (1991). Pacific Rift.
  • (1989). Liar’s Poker: Rising through the Wreckage on Wall Street.
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