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Comment on How an arcane statistical law could have prevented the Greek disaster

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Nice geek porn, but the title and the premise is basically nonsense.

EU politicians knew for many years that Greece was scamming things. Maybe not so much when the Euro started, but well before it all blew up. All kinds of circumstances, however (such as the need for Greece's vote on some other hot issue of the moment) made sure that no one had the will to really do something about it.

Statistics is nice and dandy, but it doesn't help a dime in fixing the broken mess that is EU politics.

ps. Fun trivia: if the EU applied for EU membership, it wouldn't get in because it's too undemocratic.

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