For anyone who hasn't seen it yet, there is a crowdfunding campaign on Indiegogo to pay-off the debt. If everyone in Europe contributed, it would be around €3 each. The campaign has raised over €150,000 today:
That really puts the scale of the problem in a new perspective for me. That's $715 (at the current exchange rate) for every person on the continent just for the debt of one tiny little corner of it.
Err, Greece is in the hole for a THIRD OF A TRILLION euros. That's 1.5 years of their entire GDP. This fund is just for the immediate payment. That's on top of running in the red budget-wise sans austerity.
Oh man, would this be even possible? That is a lot of money. I'm gonna pitch in but this needs some serious traction.
Wouldn't it be amazing though? Imagine what a breakthrough it would be, this sort of worldwide collaboration, it would be very empowering to common people.
I'm not sure why I'm getting so down-voted, maybe a little bit naive, but I thought I made clear I know it's a long shot, that much is clear, but given that, what isn't true about the rest of my statement?
https://www.indiegogo.com/projects/greek-bailout-fund/x/1873...