It is very good analysis of the situation with Greece. Dr. Wolff points out how the situation with Greece is a lot more involved that what is reported and that it puts Merkel and Sarkozy in very tough positions where both are loosing support. He also goes into the Greece Socialist governments attempts at putting the burden of the debt on the workers rather than the rich and corporations where it belongs. What he calls rather strange and un-socialist. That an eventual Greek default will come causing investors to take a major hit which he does not think is necessarily a bad thing.