Monday December 10, 2018
The Mrs has to give a lecture on “Greed is Good” – will she do so as well as Gordon Gekko?
My first visit to a Greek bank in three years, I'm half way to owning a gun!
So Oxford University hates working class kids right? Er…

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Jesus Wept! The Greeks bring disaster upon themselves – snagaroo at the Hovel

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

You wonder why the Greek economy is such a trainwreck?  Of course there are all sorts of reasons: the scorched earth policies imposed on Greece by Germany, the EU  and IMF banksters; the debt Greece should never have been allowed to take on, the bloated public sector, corruption, they all play a part. But, as I discover again today as I try to rebuild the Greek Hovel, it is the smothering bureaucracy that kills enterprise. Take my marble, stuck at Kalamata.

The shipment to go on windowsills etc passed through customs on the Greek Kosovo border with no problems at all yesterday morning. Last night it arrived at Kalamata where it needs a second customs check at the port. Why?

Simple: two customs checks means two employees, probably more, have something to do. More rules mean the bloated State can hire more folks which it thinks is creating jobs. But they are jobs paid for by a State drowning in debt. And the regulations created to keep the state employees busy just kill enterprise.

I am not in Greece to sign for my marble. And so although George the Architect has produced my tax number and documents at Kalamata customs that is not enough. He needs a piece of paper saying he is authorised to act for me.  He has one from my Mrs and he has a Greek version of our wedding certificate but that is not enough, he needs a paper from me.

But not just any paper, not a normal lawyers letter. I need an official paper stamped by the Greek consulate in Birmingham or the embassy in London – more work is thus created for State employees to help them fill their day. And until I produce the paperwork, the Marble will be impounded which means that workers who were planning to install windows and doors next week will be stood down.

This is one little episode. I can resolve it by wasting a day trekking to London on Tuesday. But this sort of thing happens countless times every day in every part of Greece. In giving all those state employees something to do it helps to strangle the private sector. Here end eth the lesson in Greekenomics

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