The Greek crisis is reaching a decisive turning point. In the run up to the recent elections many reassurances were made, but everyone knows that what is actually being prepared is a plan for an exit from the euro in an attempt to minimise the consequences and then to put the blame for this on the "irresponsible" Greeks.
It is hard to believe that nearly four years have already passed since the election of Barack Obama. The streets were filled with honking cars, waving flags, and shouts of excitement. Tears of unbridled joy and relief streamed down the faces of many. After eight long years of Bush, change had come at last! Or had it? As the months—and the crisis—wore on, it became increasingly clear that in all essentials, Obama’s presidency was more like Bush 2.0 than a new dawn of peace and prosperity.