A British Man’s Crowdfunding Campaign to Bail Out Greece Has Raised $1 Million in 3 Days

Thom Feeney is not an economist. He’s also not a politician, banker, money printing machine, or in any other sort of position that would lend him to offer a credible solution to the crisis in Greece.

Economists, politicians, bankers and money printing machines can’t solve the problem either, though, so the 29-year-old British shoe shop employee’s plan to rescue the catastrophically indebted nation is probably as good as anyone’s.

Three days ago, Feeney launched a crowdfunding campaign on Indiegogo to bail out Greece.

As of this writing, around 55,000 pledgers have raised almost a million euros to help keep the Greeks afloat. Indiegogo’s site has crashed several times in the past few days because of the campaign’s popularity, and Greek women are lining up friend requests on Feeney’s Facebook.

“The European Union is home to 503 million people; if we all just chip in a few Euro then we can get Greece sorted and hopefully get them back on track soon. Easy,” says Feeney on the project’s page.

Contributing to the cause is actually a pretty sweet deal: a 6 euro pledge gets you Greek feta and olive salad, 10 euros gets you a small bottle of Ouzo, and 25 euros gets you bottle of Greek wine; all products will be sourced from Greece, made in Greece, and sent from Greece. Even a 3 euro donation, which is what every European would need to commit to reach the 1.6 billion euro goal, gets you a postcard sent from Greece of Prime Minister Alex Tsipras.

“I’m confident the people of Europe will get this campaign and some time soon we’ll all be raising a glass of Ouzo and having a bloody great big celebration,” says Feeney with admirable optimism. “This is a real attempt to do something. Trade will help Greece and the Greek people out of their current situation.”

Ironically, most of the donations so far have come from Britain and Germany.

Only about 1.5 billion euros to go.

 

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