Defiant Message From Greece (Economic Brinkmanship)

Wall Street Journal ^ | May 18, 2012 | James Angelos and Alkman Granitsas

[C19fan]

The head of Greece's radical left party—throwing down a gauntlet that could increase tensions between Greece and its frustrated European creditors—said he sees little chance Europe will cut off funding to the country but that if it does, Athens will stop paying its debts.

A financial collapse in Greece would drag down the rest of the euro zone, said Alexis Tsipras, the 37-year-old head of the Coalition of the Radical Left, known as Syriza, and potentially the country's next prime minister. Instead, he said, Europe must consider a more growth-oriented policy to arrest Greece's spiraling recession and address what he

[C19fan]

We will find out how good Greeks are at brinkmanship. The Germans when playing that game have over the cliff 2 times the past century.

[Jack Hydrazine]

Let those welfare punks with an entitlement mentality have a temper tantrum. It’s not going to help the situation at all.

It’s time for Greece to stop being a welfare state and actually start producing things others want to buy.

[Army Air Corps]

Ping.

[henkster]

“Europe must consider a more growth-oriented policy to arrest Greece’s spiraling recession...”

Uhhh...maybe you might want to consider GREECE considering a more growth-oriented policy to arrest YOUR spiraling recession.

Oh, wait, that might involve having Greek people actually do productive work, which somehow doesn’t seem to be in the Greek national character.

[EyeGuy]

Greece = 3 year old brat stamping their tiny feet and holding their breath.

Germany’s their Daddy.

[rawhide]

"Mr. Tsipras said in the interview that, if push comes to shove, Greece can manage on its own. By not paying its debts, the country would have enough cash to pay its workers and retirees, he said."

[mo]

If the Greeks were being honest about it, they never would have signed on. If they’re gonna be honest about it now...they’ll need to walk.

[Buckeye McFrog]

hey, that tactic worked like a charm for Donald Trump.

[RightOnTheBorder]

If Greece defaults on it’s debts, just who exactly does he think will take that “cash” in trade for anything of value?

[longtermmemmory]

and the Greeks were standing their ground shooting at divebombers with pistols.

The fact is this boob came in THIRD (or was that fourth). It is like saying ralph nader or kook paul is a serious contender.

[BookmanTheJanitor]

all they need is another Olympics (sarcasm)

[longtermmemmory]

the euro would then be dead.

The only solution is to forgive all debt and simply not lend any more.

[blueunicorn6]

My old boss told me, “Never start a fight you can’t win unless you want to get your ass whipped.”

[bruinbirdman]

Europe admits Greece exit preparation

yitbos

[PapaBear3625]

And Germany and the rest of EU could retaliate by prohibiting any EU bank from lending to any Greek person or entity.