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The Reason Why Greece Is Pissed, Or They Don’t Call It The “Misery Index” For Nothing

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Tyler Durden
Zero Hedge
June 15, 2011

A day ahead of the general Greek strike coupled with major Parliament blockade protest, it is useful to remember just why it is that Greeks are so pissed. Well, besides the obvious increase in the retirement age from 61 of course. So below it is in chart format. While we previously presented the UK “misery index” which back in March hit a 20 year high for the first time, here is the same appropriately titled index for Greece. And if the UK is at a 2 decade “misery” high, then Greece is roughly at a 10 billion year high. It really may all be uphill from here… Unless of course the Greek population decides it is happy with the status quo.

via John Lohman

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This article was posted: Wednesday, June 15, 2011 at 3:35 am





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