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How do you explain the persistence of EU chiefs and certain capitals on having Greece and the other indebted euro zone nations stay the course when the results are so devastating?
Most of the current national leaders represent wealth much more than they represent their own electorates or constituencies and current policy plays to the prejudices of the wealthy very well. The only way things will change is if current leadership is presented with a stark choice. Even if they understood the situation and agreed there were serious problems they will likely only take effective action if and when the alternatives are even more bleak. "It is not necessary to have hope in order to persevere."
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