Greeks to be kept in Penury

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tractor replied

13 July 2015, 09:32
....

When the banks all bought a stake in toxic loans and brought the financial world to its knees, everyone blamed the banks and said we should have let them go to the wall.

Everyone including Greece and the EU knew that Greece did not measure up financially to the conditions for Euro entry but they were allowed to join and the cracks papered over. Everyone knew that Greece would never in a million years shape up so that they could pay back the loans they were afforded but they were still loaned the money anyway. And they are still loaning more!!!!!

No wonder no one understands all this. If I printed money and loaned it to people, I would be in jail for counterfeiting.
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original PM replied

13 July 2015, 09:21
the Greeks are still not happy as they think some of those in the EU - especially Germany are taking the piss and belittling them.

hmm..
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SimonMac replied

13 July 2015, 08:45
Originally posted by GlenW View Post

Someone on Radio 4 said exactly that this morning.

You think I am clever enough to make this up myself
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GlenW replied

13 July 2015, 08:40
Originally posted by SimonMac View Post

The idea was to help the old eastern bloc after reuniciation, to help create a more European Germany, in essance what they got was a German Europe instead

Someone on Radio 4 said exactly that this morning.
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SimonMac replied

13 July 2015, 08:37
Originally posted by Bacchus View Post

Eurozone 'agreement' on Greece debt - BBC News

Somewhat predictably a last minute deal seem to have been struck to "help" Greece.

The experiment was never going to be allowed to fail. I don't believe for a second that this will be the best thing for Greece as a nation, although it is the only acceptable outcome for the EU as a whole.

The idea was to help the old eastern bloc after reuniciation, to help create a more European Germany, in essance what they got was a German Europe instead
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cojak replied

13 July 2015, 08:24
Originally posted by vetran View Post

the voice of experience?
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BlasterBates replied

13 July 2015, 08:11
I have a feeling that when you drive around Greece in 10 years time it will look like a mediteranean Germany.
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vetran replied

13 July 2015, 08:10
Originally posted by cojak View Post

No different from taking the credit cards away from a spendthrift who doesn't know how to save.

Once they have money in the bank and can be trusted not to blow it all on shoes they'll probably get them back.

the voice of experience?
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cojak replied

13 July 2015, 08:09
No different from taking the credit cards away from a spendthrift who doesn't know how to save.

Once they have money in the bank and can be trusted not to blow it all on shoes they'll probably get them back.
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tomtomagain replied

13 July 2015, 08:05
The Greeks have just been given a lesson in why voting "No" to offers of EU help is a bad idea.
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BrilloPad replied

13 July 2015, 07:05
I have been living in a cave the last three months so missed the Greek crisis.

Good news is I believe it will be repeated shortly.
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Bacchus started a topic Greeks to be kept in Penury

13 July 2015, 07:02
Greeks to be kept in Penury

Eurozone 'agreement' on Greece debt - BBC News

Somewhat predictably a last minute deal seem to have been struck to "help" Greece.

The experiment was never going to be allowed to fail. I don't believe for a second that this will be the best thing for Greece as a nation, although it is the only acceptable outcome for the EU as a whole.
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