Geopolitical Cousins cover image

The Tip of a Peninsula with a Bunch of Crazy People

Geopolitical Cousins

CHAPTER

Greece's Economic Odyssey: Lessons from Austerity

This chapter examines the lessons learned from Greece's austerity measures following the 2008 financial crisis, arguing for the benefits of growth stimulation over strict financial discipline. It highlights the resilience of the Greek people during economic hardships and critiques the simplistic views on currency depreciation. Through a comparative lens with the UK's Brexit, the discussion underscores the intricacies of public opinion, political action, and the deep-rooted connections between Greece and the European Union.

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