If You Like Greek Food…
By Mitch Berg
…get ready for a bull market. Because I have a strong hunch there’ll be a lot of Greek restaurants opening around the US, sooner than later.
Why?
11 Responses to “If You Like Greek Food…”
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April 3rd, 2015 at 1:01 pm
Go to Wikipedia and randomly type in the name of any large German city. Then look at the paragraph on the demographics. In almost every case, ethnic Germans are a minority. Who makes up a very large percentage in these cities? Greeks. Now, why in the world would hundreds of thousands of Greeks leave their ancient homeland to move to Germany? What is it that makes Greece a bad place to live, and Germany a not so bad place? If you can’t answer that question, then ask yourself why so many people are leaving California for Texas.
April 3rd, 2015 at 2:58 pm
…ask yourself why so many people are leaving California for Texas.
Sadly, they are bringing their California voting tendencies with them. How else do you explain the mayor of Houston?
April 3rd, 2015 at 3:07 pm
As a lover of baklava and gyros, this is awesome news. As someone who cares about Greeks, well, not so good.
April 3rd, 2015 at 5:11 pm
If I remember right in the recent election the left wing party had said they will spend the money on Greeks and not deal with the IMF. The government apparently lied and the voters (unfortunately like Obama voters) cared more about getting their goodies than what was good for the country.
Walter Hanson
Minneapolis, MN
April 3rd, 2015 at 6:25 pm
In the seventies in DC, when countries were falling into the Soviet orbit one after the other, they used to say “lose a country, gain a restaurant”.
April 3rd, 2015 at 6:45 pm
Bill C; I lived in Houston from 1981 – 1989 and their politics always leaned hard left. They had a Mayor then, Kathy “Tootsie” Whitmire, that was rumored to be a lesbian, but, like all Democrats, she only pandered to the glbt crowd. She picked up the nick name because she looked like Dustin Hoffman’s character in the movie.
April 3rd, 2015 at 7:08 pm
Um does the IMF have a standing army? If so I think that this could be considered a act of war on Greeces part.
April 3rd, 2015 at 8:05 pm
If I had to guess, Greece will have new elections by the end of the year. Greek voters will punish Syriza for making promises it can’t deliver on. There is only one way to stay in the Euro, and that is to continue to take the beatings.
April 3rd, 2015 at 10:33 pm
What is scary is that the interest payments aren’t the major cause of Greek austerity. The inability to borrow more money at low rates is the major cause of the austerity. To make the Greeks happy, the north can’t just refinance existing debt — it has to give them more money, with little hope of being repaid. A one-time write-down of Greek debt won’t help. The Greeks want what amounts to a continuing cash subsidy from more responsible nations.
April 4th, 2015 at 7:04 am
The Euro is in danger of collapse because non-producers subsidized by producers have no incentive to live within their means and pandering politicians have run up enormous un-repayable debt indulging them. Stupid Europeans.
Meanwhile, non-productive Americans subsidized by productive Americans have no incentive to live within their means and pandering politicians have run up enormous un-repayable debt indulging them. Yea!
April 4th, 2015 at 8:08 pm
All fairly true, but Greece has surrendered its autonomy to remain in the Euro. The Greek government lacks the capacity to meet its commitments. Syriza’s actions all smack of desperation; their options are to abandon the Euro, or knuckle under.