Dismal Future for the Greek People

Here are just a few of the conditions of the bailout of Greek debt[1]:

-A 22% reduction of the minimum wage
-Cuts in state pension plans
-Immediate job cuts for as many as 15,000 workers

I'm worried about this sparking a humanitarian crisis in Greece. With 50% of the young population unemployed, it is literally a lost generation. Homeless and poverty rates are sure to rise with these cuts. And as the tax base is slowly eroded, this can only get worse and take longer and longer to stabilize. A hiring freeze has been imposed on state employment, which includes the health care system. That means no more doctors being hired, possibly leading to a brain drain on the country as new graduates leave Greece in search for work abroad. The quality of health care can only decline as this happens.

We should also not forget the lessons of history here, especially that desperate times call for desperate measures, and these desperate conditions are exactly the kind that are susceptible to breeding totalitarian and oppressive regimes, ie Nazi Germany and the Pinochet Regime in Chile. With half of the youth unemployed and angry, with nothing to do but think and dissent, the prospects of this are dangerous.