As the Greek economy continues its predictable slow motion collapse, one of the early WSJ account of the inevitable bank closures and capital controls imposed yesterday has one of the funniest sentences I’ve read in a long time, but which is also fully revealing of the decadence of the liberal mind:
“How can something like this happen without prior warning?” asked Angeliki Psarianou, a 67-year-old retired public servant, who stood in the drizzle after arriving too late at one empty ATM in the Greek capital.
No warning? Check. Retired public servant? Check. But, but . . . how can we run out of other people’s money? We still have pension checks left. Hello, Detroit? I think we’ve found your next mayor.
For more on how “no one could see this coming,” see Steve Hanke, “Greece: The Financial Zombie State.”