To: Lorianne
The current Greek delusion seems to be that the Germans will continue to pay their bills just because they want to keep the EU together. Its a pathetically weak ploy and morally revolting to boot. If I were the Germans, I’d tell them to go stew in the Socialist wunderland. Before long, they’ll be resorting to kidnapping and canabalism to stay alive. Think Mexico on the Mediterranean.
5 posted on
05/14/2012 10:38:57 AM PDT by
rbg81
To: rbg81
WADR, Greece has received no bailouts. They have, however, received loans with highly draconian payback termsloans that the people did not want their government to take, because it would have meant the utter end of their national sovereignty. (Take note that it was the Pan-Hellenic Socialist Movement that pushed for the acceptance of these loans. Didnt stop the government from collapsing, and following that, it did not stop the EU from appointing their prime minister, i.e. until recently.)
Prior to the loans being offered to Greeces PASOK, the countrys budget deficit was 12.7 percent of GDP and their outstanding government debt was $410 billion, FTR. Should the panic button have been hit? This situation really lays bare the fanaticism behind the concept of the single European currencyits all about imperialism.
7 posted on
05/14/2012 11:22:15 AM PDT by
Olog-hai
To: rbg81
Its a pathetically weak ploy and morally revolting to boot
And it worked like a charm for Donald Trump...
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