Former Singaporean Prime Minister Goh Chok Tong said:
"Singapore will help Indonesia within the limits of our ability. We are a small economy. Our GDP (US$82 billion) is a mere 1% of the United States GDP (US$8111 billion), and 2% of Japan’s GDP (US$4190 billion). It is only one fifth of Australia’s GDP (US$395 billion). We are not in the same class. After all we are only three million people. Just a little red dot on the map. Where is the capacity to help 211 million people?"
Pause and think carefully - ask yourself. Truthfully....in your heart of hearts... do you believe that the full 100% of the hundreds of billions of Euro that EU gave to Greece will end up benefiting the normal ordinary Greek citizens. The bulk of it may end up somewhere else. And that is basically why these bail outs will not save Greece. Not because the normal ordinary Greek citizens are undeserving.