[Ignitionnet]

I'm reading the post above mine and it still isn't making any sense.

Widespread tax evasion at all income levels, systemic corruption and a ridiculously overweight, inefficient and corrupt public sector with completely unaffordable and unsustainable compensation and pensions aren't going to be fixed by redistributing wealth as far as I can see?

Oh and yes, ordinary people were driving the Porsches mertle. That was the point, ordinary people driving Porsches and dodging taxes.

Greece has less income inequality according to the UN than such states in peril as Australia, New Zealand, Italy and the UK. The ridiculously generous public sector compensation and benefits are a way of redistributing wealth, the problem is the wealth they redistribute isn't actually theirs to begin with as they don't collect their taxes, even if they did collect them there wouldn't be enough to cover the bills, and if they did collect them private capital would probably take flight from Greece as the environment would become so much more hostile to cover such an absurd level of public expenditure.

The austerity is futile in that Greece need to default and start again, without the Eurozone allowing them to borrow themselves stupid. That's the only reason I'm against it, they spent money they will never have and their economy cannot return to proper operation with the austerity measures.