I see where the Greeks elected a new government this week to help them reduce austerity that was forced upon them by the European Union bailout. This reminded me of a book I read a few years ago entitled “Boomerang” by Michael Lewis. One chapter in the book was about Greece. The book is very enlightening and well written. Here are some selected snippets about Greece. The average government job pays almost three times the average private-sector job. The national railroad has annual revenues of 100 million euros against an annual wage bill of 400 million, plus 300 million euros …
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