Allegory of the Caving R. Daniel Kelemen - Foreign Affairs

In contemporary Greece, when the seemingly unstoppable Syriza government rammed into Greece’s immovable creditors, Prime Minister Alexis Tsipras simply sacked his Marxist finance minister Yanis Varoufakis and caved into his creditors’ demands. Late in the evening of Thursday July 9, just four days after 61 percent of Greeks voted no to the terms of a bailout package that had been offered by its creditors, the Tsipras government submitted a package of economic reform proposals to its... It turns out that when the banks are closed and the economy faces a cataclysm, voting no means voting yes. The graffiti depicts a man on crutches holding a sign which reads "Health Kaput" in Athens, June 7, 2012. Greece's rundown state hospitals are cutting off vital drugs, limiting non-urgent operations and rationing even basic medical materials for... > A man walks past a closed shop at a deserted shopping district during a 24-hour strike in Athens, September 26, 2012. Flights and trains were suspended, shops pulled down their shutters, and hospitals worked on emergency staff on Wednesday in... Source: www.foreignaffairs.com