Remember the old Dire Straits song “Money For Nothin’”? I think it should become the official Greek national anthem.
As you can see in this chart, the Greek Parliament is dominated by socialists, communists and other leftists who seem to think it’s possible for every Greek citizen to get their money for nothing’. No word on whether they also get their chicks for free, but we wouldn’t be surprised.
Maggie Thatcher said, “The problem with socialism is that you eventually run out of other people’s money.” In this case, the money Greece is running out of is French and German.
Source: Global Macro Monitor