Estonia Vs Greece

[jaspers]

Thought this article may be of interest.

http://m.spiegel.de/international/a-790293.html

[juvenal]

Thought this article may be of interest.

http://m.spiegel.de/international/a-790293.html

Thanks. Food for thought, especially the way the people embraced austerity measures..

[copydude]

Thought this article may be of interest.

http://m.spiegel.de/international/a-790293.html

I could equally find half a dozen Estonians who are not that happy and pretend it's a representative sample.

You'll find a good few Estonians working here as cleaners and sending money home. The fact is, Eastern Europeans traditionally had a fair amount of poverty and shortages and they're good at survival.

Latvia is considered a success story too and often written up in the same way. Moodys even upped their rating last year. But success for whom, with one in three unemployed?

[jaspers]

I could equally find half a dozen Estonians who are not that happy and pretend it's a representative sample.

You'll find a good few Estonians working here as cleaners and sending money home. The fact is, Eastern Europeans traditionally had a fair amount of poverty and shortages and they're good at survival.

Latvia is considered a success story too and often written up in the same way. Moodys even upped their rating last year. But success for whom, with one in three unemployed?

Its a piece written for its German audience.

Why cant the Greeks suck it up like the Estonians?.

No mention as to who was powering the Greeks credit bubble.