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Since becoming a nation back in 1830, Greece has gone bankrupt and kept alive by external loans 5 times and, not withstanding its democratic vote in June of this year, is surely headed to the poorhouse again. Greece (10 million people) has a shrinking $310 billion GDP, an insurmountable $500 billion debt ($200,000/taxpayer), a $21 billion annual deficit, an antiproduction and consumption economy, endemic corruption, and an enormous parasitic state sector.
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