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originally posted by: intrptr
a reply to: NavyDoc
And then they just run up more debt and are back in the same position because a country cannot spend itself into prosperity. Ultimately Greece's fiscal problems are caused by the Greeks.
Not if they start over. Thats the beauty of bankruptcy, its a clean slate. People will start anew and build equity all by themselves if you let them.
Greece has demonstrated quite thoroughly that they are not going to "start anew and build equity," they are going to continue their same old socialist policies that caused the debt in the first place.
originally posted by: intrptr
a reply to: NavyDoc
Greece has demonstrated quite thoroughly that they are not going to "start anew and build equity," they are going to continue their same old socialist policies that caused the debt in the first place.
Not if they don't have to support the Oligarchs in Brussels and pay for endless war in the Middle East and Eastern Europe.
They aren't conquerers nor slaves, they're Mediterranean. They want to entertain tourists and grow grapes, both very lucrative.
originally posted by: CharlieSpeirs
Infrastructure damage and theft....
Occupational damage and theft...
Ancient artefact damage and theft...
Loss of revenue in such time...
Taking inflation into consideration...
Probably owed more than that.
Everyone should sue Germany for such atrocities.
They sat back and put the Nazis into power and then tried to fully genocide Gypsies, Jews, Disabled people & many others for their Aryan Master Race...
Merkel looks pretty Aryan, seems they did well out of it all.
China should do it to Japan aswell...
& Europe to Italy for Mussolini's part in the war.
Russia too for Stalin's purge...
& the Vatican for it's historical crimes...
Then seize the billions in assets of ISIS...
Divide it up between the nations affected!
What the economy bloom!!!
originally posted by: SubTruth
a reply to: dollukka
What happened to the once great nation of Greece? All they can do is stick out a hand and and beg for help. What happens when all that money is gone Greece?
Greece is a failed country....It is not the country failing the people, it is the people failing the country.
This sum was accepted by the Greece government as a down payment, not as an end deal.
Greece needs to move on and stop trying to find excuses for their diabolical economic mismanagement. The mess that Greece got in to was entirely of their own making. Over-spending and living beyond their means. Reparations is a red herring.
originally posted by: OccamsRazor04
originally posted by: johnnyjoe1979
So the children of those active in WW2 or their grandchildren have to pay up for the mistakes of their (grand)parents? I think it's ridiculous.
Didn't alexander the great conquer a good bit of the world? When we adjust for inflation .. damn I hope Greece can afford it.
Now that is a puzzle to me, just why did Alex march eastwards instead of west? he would have to have stopped when he reached the Atlantic, chain of supply not so long, but, with the king of Persia's huge treasury, chock full of gold and silver, that would have been a better bet to keep his army paid and supplied.
originally posted by: Hellas
originally posted by: SubTruth
a reply to: dollukka
What happened to the once great nation of Greece? All they can do is stick out a hand and and beg for help. What happens when all that money is gone Greece?
Greece is a failed country....It is not the country failing the people, it is the people failing the country.
What an ignorant post.
At least educate yourself on the matter.
originally posted by: SubTruth
originally posted by: Hellas
originally posted by: SubTruth
a reply to: dollukka
What happened to the once great nation of Greece? All they can do is stick out a hand and and beg for help. What happens when all that money is gone Greece?
Greece is a failed country....It is not the country failing the people, it is the people failing the country.
What an ignorant post.
At least educate yourself on the matter.
Let's see they needed to take loans just to survive right.....Also Greece is a socialist utopia right......Greece instead of making the hard choices decided to ask for money from a war fought 70 years ago right..........
Greece should get rid of progressive ideals and until they do they will fail.
originally posted by: stumason
a reply to: SubTruth
Actually, Greece's failures are not because of "socialism", but rather a total lack of any ability to run a country. Tax avoidance is rampant, nepotism is rife - it was even found that "jobs" were given to relatives/friends when they didn't even turn up, they were just getting paid for it - and corruption is endemic.
Had Greece actually run a proper ship, like we see in Northern Europe, then they wouldn't have been in this position. We see plenty of countries in Europe which you would probably describe as "socialist" who are doing just fine.