IPFS News Link • Economy - International
An Alternative Solution To Greek Crisis: Man Sets Up Crowdfunding Campaign
• True ActivistThis week the Greek financial crisis has reached a critical point, with fears of a run on the banks meaning citizens are now limited to taking out just €60 per day. Months of negotiations on extending Greece's cash-for-reforms deal with the Eurozone have collapsed, and the government will hold a referendum on Sunday to ask the people whether or they accept or refuse the harsh terms (increased austerity measures) of the European Central Bank (ECB). This could be the toughest decision Greece will ever have to make. Whichever path the people choose, the consequences are dire.
One concerned English citizen, tired of European leaders' impotency in solving this mess, has decided to take matters into his own hands. Thom Feeney, 29, has set up a crowdfunding page on IndieGoGo to raise the necessary €1.6bn ($1.7bn) to bail out the country. He explains: 'All this dithering over Greece is getting boring. European ministers flexing their muscles and posturing over whether they can help the Greek people or not. Why don't we the people just sort it instead?'
1 Comments in Response to An Alternative Solution To Greek Crisis: Man Sets Up Crowdfunding Campaign
To me this sounds kinda like telling the bankers you like being raped...as though they do not already take total advantage of us with their lies and fake debt. Mike