Gross Domestic Product (GDP) is, generally speaking, an excellent way to determine the health of an economy. In light of the fact that Greece presides over an economy that has contracted 25% since Tim Geithner (former President of the New York Federal Reserve Bank) pulled the receipts on Lehman Brothers and a youth unemployment rate double the previous percentage, it comes as no surprise that factional warfare between ideological extremes-a quintessential microcosm of Europe, specifically the Weimar Republic, during the Great Depression-breaks out, in broad daylight, on a daily basis.
Stemming from the American Subprime Mortgage Collapse in 2008 and the later exposure of her own governmental budgetary falsifications in 2009, Greece has had, by far, the worst economic recovery out of all the countries pejoratively known as “PIIGS” (Portugal, Italy, Ireland, Greece, and Spain). The Hellenic Republic, or Greece, has experienced quite the socioeconomic upheaval over the past several years.
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