As they resort to the “rescue plan” of the EU and the IMF which is usury of the worst degree, the government, the bourgeoisie and their political mouthpieces in the media cultivate a climate of unprecedented psychological terrorism towards the working class.

Since the crisis in Greece has hit the headlines there have appeared in the bourgeois media many stories about how Greece has too many civil servants, how the working week is very short, how people retire early on fat pensions, and so on, as if this were the cause of the crisis. Facts and figures, however, can be very stubborn things and they tell a completely different story.

The downgrading of Greece’s credit ratings by Standard & Poor’s has sent shockwaves around the world’s financial markets, with stock exchanges seeing significant falls yesterday. The fear is that Greece could default and drag the rest of the eurozone into a severe crisis, putting immense pressure on the euro. The problem the bourgeois face is the Greek working class, which is not taking this lying down.

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