Athens on Fire

The Greek state is bankrupt. Its debt to GDP ratio is well over 100 percent.  It cannot raise sufficient revenues to cover its expenditures. It is shut out of financial markets because it is no longer regarded as creditworthy.

The vast majority of Greeks fully understand the dire position of their country. There is, however, a minority who remain in denial. Today, they took to the streets, attacked the police, and terrorized their fellow citizens.

What do the demonstrators want their government to do? Print money to cover the massive fiscal deficit?