is this the future for Greece????

"2001 March - President de la Rua forms a government of national unity and appoints three finance ministers in as many weeks as cabinet resignations and protests greet planned austerity measures.

2001 July - Much of the country is brought to a standstill by a general strike in protest against proposed government spending cuts. Country's credit ratings slip.

2001 October - The opposition Peronists take control of parliament in Congressional elections.

2001 December - Economy Minister Cavallo announces sweeping restrictions to halt an

exodus of bank deposits.

2001 December - The IMF announces it won't disburse $1.3 billion in aid for the month,

pushing Argentina closer to the brink of default.

2001 13 December - Much of Argentina grinds to a halt due to a 24-hour general strike by public workers protesting against new government curbs on bank withdrawals, a delay in pension payouts and other economic measures.

2001 20 December - President Fernando de la Rua resigns after widespread street protests and rioting leave at least 25 people dead.

2001 23 December - Adolfo Rodriguez Saa named new interim president, says Argentina will suspend foreign debt payments. Fresh protests in anger over Rodriguez Saa's appointment of officials seen as corrupt and his decision to maintain unpopular banking curbs.

2001 30 December - Rodriguez Saa resigns, citing a lack of support within his own party.

2002 1 January - Congress elects Peronist Senator Eduardo Duhalde as president for the remaining two years of de la Rua's term. Within days the government devalues the peso, ending 10 years of parity with the US dollar."

Well if this is what's in store for Greece, perhaps they should take the Argentinian option"? Again I quote;

 "faced with a sudden loss of employment and no source of income, (workers) decided to reopen businesses on their own, without the presence of the owners and their capital, as self-managed cooperatives. Some businesses have now been legally purchased by the workers for nominal fees, others remain 'occupied' by workers who have no legal standing with the state (and in some cases reject negotiation with the state on the grounds that working productively is its own justification)."

But the IMF didn't take too kindly to these socialistic plans and pushed for more "austerity measures", but thankfully the Argentines saw the light that they needed to free themselves from these vultures, so again I quote;

 "Argentina shifted to a policy of "disindebtment" towards the IMF: paying the IMF in schedule, with no negotiation whenever possible, with the intention of gaining independence from it. On December 15, 2005, following a similar action by Brazil, President Kirchner suddenly announced that Argentina would pay the whole debt to the IMF. The debt payments, totaling 9.810 billion USD, were previously scheduled as installments until 2008. Argentina paid it with the central bank's foreign currency reserves"

So where does that leave Greece? They CAN continue down the west approved financial austerity route guided by their American born and educated Prime Minister George Papandreou, which he no doubt feels is the "courageous" policy option? But what would truly be "courageous" would be to throw off the self imposed shackles of the west, and embrace some Argentine style thinking and look at innovative, alternative solutions......for me, that would truly be courageous.