"They get hundreds of Billions in aid.. were does it go???"
It goes to uphold an economic structure that is already emptied of its content. It goes to pay interests to pay on debts contracted over the past decades, while the government is forced to cut jobs by the thousands; the already destitute are joined by a new wave of jobless people... so there is no end of the crisis in sight.
To understand what is happening in Greece and elsewhere, you can read and listen to this:
http://wallofcontroversy.wordpress.com/2011/09/20/david-graeber-on-debt-and-why-it-must-be-cancelled/
David Graeber is an American antroplogist teaching in England. He is also an Occupy Wall Street activist. His latest bool "Debt: the first 5000 years" shows that "debt contracted must be repaid" is not an economic concept, but a moral one. He demolishes Adam Smith' theory that says that first was barter, followed by the creation of money and then by lending. Graeber says it was exactly the other way around: first was lending - no need for money since books were kept meticulously about who owed what . He also says money was necessary to wage war and to conquer territories, since you could not keep books about transactions with ennemies.
But listen to what Graeber has to say, and maybe read his book, but it is a difficult one. His conclusion is that we might need to ask a few questions today, questions we thought did not make sense anymore ...
Feb 19, 12 16:52