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June 30th, 2015

Dept. of Windmills

Sometimes It's Right to Tilt at Them

I'm not an economist, a politician, or anyone paid to analyze the actions of economists or politicians. So I'm very possibly wrong when I say that I believe the idea of holding countries accountable for debt that they've been encouraged by bankers to accumulate in order to keep their economies afloat, for what seems to be an underlying desire not to get the money back, but to consolidate power over those countries is obscene. I mean, what do I know about the IMF, amirite?

But I'll go out on a limb here and say that I don't think talking heads saying things like "They caused their own problem by borrowing, so I have no sympathy for them" - as if they were talking about Cousin Al, who never learned to balance his checkbook, and needs a lesson from the school of hard knocks - know much more than I do. At least I understand we're talking about countries here; mass organisms of incredible complexity that bear as little resemblance to Cousin Al as I do to a powder puff. 

So when I read about the Indiegogo campaign launched by a Londoner, to crowdfund Greece's 1.6 billion Euro debt, I was pleased to see how fast it was growing (fast enough to crash the Indiegogo page for several hours.) Not because it stands a hope in hell of actually succeeding, but because it's proving, I think, to be a piece of guerrilla theater with a message to the people who pretend that money in the hands of powerful countries and financial entities is anything but a tool to increase their power, at the expense of poor countries. Perhaps more than one message. 

Anyhow, if you're interested in the campaign, head one over. The last I saw it had reached about 502,000 Euros. Not bad, considering it was 222,000-some Euros earlier today.
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