Opinion: (Bruce Krasting, a former hedge fund manager): “Issues related to subsistence have replaced the fervor for demonstrations.
“The closing of stores and shops is escalating. Apparently, 20% of all retail establishments are shuttered. Nearly every block has one reminder of the ongoing depression in the economy.
“The Greek Diaspora is in full swing. People are leaving the country, old and young alike.
“They leave their homes, as there is no future there, but all the time they wish they never left.
“As the shops close and the people leave, the economy shrinks. …The country is imploding.
“People are feeling hopeless, and the situation is getting worse. …there is not a chance in hell that Greece will avoid a default.
“A transition from the Euro to the Drachma would cause huge additional pain. It would devalue the pensions of every citizen by at least 50%. …a default would mean that Greece would be a debt pariah. In spite of this, [many prefer] that it would come sooner rather than later. … There is nothing desirable about this choice. It’s now just inevitable.”
My Comment: This is how a hurricane, tsunami, mudslide, or any other disaster is approaching us slowly—so as to give us time to realize that the reason for what is happening is the lack of correspondence of our egoistic connections with unified nature. As soon as we start considering and treating the world as a single whole and ourselves as its part, we will immediately feel that the blow is retreating and giving us time to adapt.