Mises Daily
Author:
David Howden
Online Publish Date:
After the deaths of three bank employees, Greek president Karolos Papoulias lamented that the debt-ridden country had finally “reached the edge of the abyss.” It should be so lucky. Abysses allow for falls into the deep unknown. If real wages would make the plunge, Greek workers would have a future with more options than striking and senseless