I’m sure our bankster overlords know what they’re doing, even though Greeks are already picking through the garbage for food:
The Greek government approved a new round of public worker layoffs required by the country’s ongoing bailout, affecting25,000 employees. Unemployment in the country is nearly 27 percent, according to the most recent figures, with the youth unemployment rate more than double that.
The European authorities administering Greece’s bailout insisted upon the new job cuts before they would release the next $9.2 billion in rescue funds. As a result, 15,000 jobs will be eliminated, and another 10,000 will not have their contracts renewed when they expire later this year. The job cuts mean thousands more without disposable income in a country already three years deep in a vicious economic cycle driven by austerity.