Human Wrongs Watch
By Roberto Savio*
San Salvador, 7 January 2015 – As a new year begins, new hopes and commitments are commonplace – yet, while optimism is crucial for interpreting the past because it demonstrates that humankind always find solutions, a degree of realism is required for looking forward into 2015.
Compassion and sympathy are called for in the year that has just begun because it brings with it a series of handicaps that justifiably dampen an enthusiasm. Without going into long-winded analyses, I have selected ten of those that are – for me – the most significant.
1. Europe has entered the new year with losing appeal, with anti-Europe parties on the rise everywhere, with many internal contradictions and with a noticeable North (Protestant). South (Catholic) divide.
Germans, Finns, Dutch and so on see economy as part of moral science. They consider debt a sin (in German sin and debt have the same root), the result of a profligate life, which must be redeemed through some process of adjustment, as painful as required.
This started with Greece, which spent well beyond its means and falsified the economic data it provided to the European Commission. Greece accounted for only 4 percent of the Europe’s GDP, but punishment was swift and severe and the social cost of its bailout has been brutal.