6 June 2015 11 am CET - Tsipras assails proposals, in parliament

Tsipras assails proposals, in parliament

http://www.latimes.com/world/europe/la-fg-greek-leader-assails-proposals-20150606-story.html

Thus, Tsipras did not make any attempt to break the confined and wrong thinking frame of collective Greece.

Editorial remark: a country that thinks that 50% of GDP can consist of public expenditures, is 'economically stupid' and in an 'economic psychosis'. It is 'half communism', and half communism is very bad because voters depending on public income, will always repeat voting on the 'half communists', who will 'suppress' the private sector that in fact is always the engine of an economy. A shrinking private sector causes a downward spiral with less tax incomes, further cuts in public expenditures, more surpression of private sector etc.

Greece as a nation has to learn lots about economy, and seems to have made no progress in 'economic education' during 2015.

The troika handled the issues well: it was patient, made extra efforts, and now leaves Greece in the month of June, on its own.

Theoretically, Greece has a timeframe between now, June 6 and June 30....but practically, because of required approval of a deal by all euro countries, Greece's timeframe is more: June 6 to June 14.

It seems unlikely Greece will suddenly understand more of economics the next 8 days.

Greece, including people on the street, very much rely on the premise that a Grexit would cause 'far more collateral damage to others than to Greece itself'. A deputy minister even made the statement that a 'Grexit would cause far more damage to world economy than the bankruptcy of a 'little bank as Lehman Brothers' did in 2008 (!!)'.

EU extension of deadlines beyond June 30 would undermine troika's credibility and by no means increase collective Greek intelligence, certainly not regarding economics. We bet that if Aristoteles would be flown in a couple of weeks, even with millennia of 'missed history and science', he would still be the wisest man in Greece and could point Greece the right direction.

Philippe Blankert, blogger, internetavenue@outlook.com and owner of domain http://www.δραχμή.gr/, that is for sale, June 6 2015 .