The 5 Dumbest Things on Wall Street: Jan. 20
5. Straight To Hellas
Surely the Greek protestors were not applying the Socratic method this Tuesday when they flooded the streets of Athens just as international debt inspectors were arriving to determine if the country deserves a bailout.
You see, had the strikers employed the philosopher's decision-making rules then maybe they would have asked the right questions to arrive at a different -- and smarter -- conclusion.
Questions like: 'Hey guys, do you think we should wait until the folks with the money leave the country before we quit work to protest austerity?'
What the Hellas guys? You have got to be kidding us. Even American high schoolers are clever enough to hide the kegs when the cops show up.
Officials from the European Union, European Central Bank and International Monetary Fund traveled to Greece earlier this week to survey the impact of previous financial reforms before deciding whether to grant the country additional monetary aid.
Also on the group's agenda was a meeting with private creditors to negotiate a bond swap deal to cut Greek debt by 100 billion Euros ($127 billion).