Friday, May 27, 2011

Cyrenaic Syndrome

According to Weldon Financial founder, “The EU, like the US, suffers from what we might call the ‘Cyrenaic Syndrome,’ a dynamic linked to the ancient Greek philosophers Aristippus and Hegesias of Cyrene, who, in third and fourth centuries BC, hypothesized that the goal of life was the avoidance of pain and suffering.

Addicts accomplish this through substance abuse. The EU [and the US, we would add] is trying to accomplish this thru pure denial, and an outright refusal to accept that austerity, like sobriety, is the ONLY way to actually deal with the problems it faces.”

Craig Dismuke, The Market Today ONLINE