Tag Archives: Joerg Asmussen

Mythmakers and problem solvers

Illustration by Manos Symeonakis for Cartoon Movement http://www.cartoonmovement.com/p/6035

A few years ago, Greece’s slogan for attracting tourists was “Live your myth in Greece.” The onset of the economic crisis seems to have given license to some people to make up their own myths about Greece. At regular intervals since 2009, they have ignored the complexities and various – domestic and international – causes of the Greek crisis to boil it down to a stodge of clichés, stereotypes, falsehoods and misinterpretations (accidental and deliberate).

It was alarming to hear an intelligent man like European Central Bank executive board member Joerg Asmussen apparently became the latest member of this burgeoning group of politicians, policy makers, journalists and experts engaging in mythmaking. “It is difficult to convince people in countries like Estonia and Slovakia, where the average wage is 1,000 euros to lend to a country where the average wage in the public sector is about 3,000 euros,” he is reported to have told an audience at the Economist conference in Athens earlier this week.

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