We all know that these words have meant different things at different times in history. Today it has become appropriate to identify the words "Greece" and "Greek" with bankruptcy, default, and failure. Here are a few examples:
Tasmania not the Greece of Australia, says Premier
Tasmania's Premier has told a national audience the island state is not the 'Greece of Australia'.
Lara Giddings has spoken for the first time at the the National Press Club in Canberra.
She says her Government is "quietly transforming" the state's struggling economy.
The Premier says much of the criticism of the state's economic situation is politically motivated.
"You've all heard the claims - Tasmania is backward, a mendicant state, the Greece of Australia, closed for business and, invariably, our political opponents blame minority government," she said.
Another example;
Jamaica is not Greece! It's more like Japan - Fisher
Fisher's comparison of Jamaica with Japan, the world's third-largest economy, ostensibly aims to build a positive outlook for Jamaica, which is currently mired in uncertainty attributable to the absence of an IMF agreement.
"My ongoing annoyance is with the litany of economists comparing Jamaica to Greece. I am tired of it," he told the conference.
"I am very sick of the analogy between Jamaica and Greece. Because the truth of the matter is that both countries have very little in common."
Fisher said all three nations are among the world's most indebted but that Japan has more similarities, including lost decades of growth.
Here is a recent example;
Why Barron's Went With That Preposterous Cover About Obama Turning America Into Greece
In case you missed it, quiet financial newspaper Barron's took a huge swipe at Obama in its latest cover, promising that if he got his way, the US would be on the road to Greece.
And another;
Scott Brison's plan to avoid a Greek tragedy in Maritimes
And there are hundreds more examples of this.
Tasmania not the Greece of Australia, says Premier
Tasmania's Premier has told a national audience the island state is not the 'Greece of Australia'.
Lara Giddings has spoken for the first time at the the National Press Club in Canberra.
She says her Government is "quietly transforming" the state's struggling economy.
The Premier says much of the criticism of the state's economic situation is politically motivated.
"You've all heard the claims - Tasmania is backward, a mendicant state, the Greece of Australia, closed for business and, invariably, our political opponents blame minority government," she said.
Another example;
Jamaica is not Greece! It's more like Japan - Fisher
Fisher's comparison of Jamaica with Japan, the world's third-largest economy, ostensibly aims to build a positive outlook for Jamaica, which is currently mired in uncertainty attributable to the absence of an IMF agreement.
"My ongoing annoyance is with the litany of economists comparing Jamaica to Greece. I am tired of it," he told the conference.
"I am very sick of the analogy between Jamaica and Greece. Because the truth of the matter is that both countries have very little in common."
Fisher said all three nations are among the world's most indebted but that Japan has more similarities, including lost decades of growth.
Here is a recent example;
Why Barron's Went With That Preposterous Cover About Obama Turning America Into Greece
In case you missed it, quiet financial newspaper Barron's took a huge swipe at Obama in its latest cover, promising that if he got his way, the US would be on the road to Greece.
And another;
Scott Brison's plan to avoid a Greek tragedy in Maritimes
And there are hundreds more examples of this.
Comment