Too Small to Fail – What Can America Learn From Tiny Greece?
Greece; ever since I moved to America and for years thereafter, I have been trying to find news, any news about Greece in the local and national US newspapers. But, after years of failing to do so, I came to the realization that Greece, is really too small – it does not matter. This of course was to change with 2010 rolling in…
It has been now about two months that, to my shocking surprise, we have been bombarded with news about Greece. Every single day, there is one or more stories in the front page of the Wall Street Journal and other newspapers, all analyzing the importance of Greece in the European Union in particular, and the world’s financial health in general. I have spent the last few days in Denmark and Germany and a day does not go by without seeing Greece in the front, middle and back pages of the Financial Times and other newspapers written in languages beyond the four I can personally speak. So the question is, what makes little-tiny Greece, all of a sudden the center of the universe again? Don’t get me wrong, I am thrilled that Greece is in the news daily, but the question is why does Greece matter?