Greece... the PIIGS... America... it's all a circle jerk.
Debt financing should be for EMERGENCIES... like WWII... or VITAL ESSENTIALS... like building the power grid, interstate highway system.
Living on "debt to support consumption for political favor" is immoral and corrupt.
Can't we all learn from our mistakes... from history... and live within our means?
Of course we won't ever be able to alter our present course... only a BLOODY REVOLUTION will change that... Can't we be half-intelligent and learn from history? Or does GREED overwhelm us regardless of intellect? (That is, we're really just "stupid, greedy little FUCKS who can't help ourselves")?
Greece's token "austerity" is just a band-aid... once they burn through the borrowed sums and guarantees, we'll be having this crisis all over again. The ONLY solution is to wean the "parasites off of the tit"... so to speak. Not likely to happen without a revolution, IMV.
The greeks came into Europe with a bunch of lies in 2001.
Now they say: Hey, we had to lie because otherwise it would be impossible to join the EU.
I hope they all starve over there. I have zero respect for a bunch of people avoiding taxes like hell, lying and cheating in every way possible and then expecting the other countries in the EU to bail them out.
Forget about them, they are meaningless in Europe. Let's kick them out and just forget about them.
I went there on travel once, never going back again. The seawater is cold and the wind to fast ;-) also, greek women have strange legs. I know it sounds weird but like every greek women I looked at her legs, they all had these messed up legs.
Reminds me of another country in Middle East which has been basically built up by German reparation funding, the major ally of US nowadays.
Should Germany forced to pay, how many trillions should the Soviet Union or rather its legal descendant Russia pay? Katyn, Budapest. Let's not forget the complete nationalization of all private property, much of which was destroyed. Huge numbers of people sent to Siberia to freeze to death.
How much should the US pay for attacking civilians in Hiroshima and Nagasaki? Attack on Pearl Harbor was directed at military targets, so it was clearly unjust retaliation from the US.
I could bring many more examples but I guess I've made my point.
Quote from d08: How much should the US pay for attacking civilians in Hiroshima and Nagasaki? Attack on Pearl Harbor was directed at military targets, so it was clearly unjust retaliation from the US.
I could bring many more examples but I guess I've made my point.
Umm, I think you are confused about how it works. Greece was on the side of the Allies, who won WW2. The winners of a war gets paid, not the losers.
Hiroshima and Nagasaki were retaliation for Pearl Harbor?!?