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originally posted by: Willtell
When the hidden masters don’t get their way they strike back quickly, sadistically, and certainly!
They don’t like to be fooled with or denied!
originally posted by: Willtell
Also it appears the biggest problem in Greece is the elite putting their money in European tax havens many having connections with the very bankers trying to choke Greece now!
originally posted by: interupt42
originally posted by: InverseLookingGlass
a reply to: Willtell
Without question the EU and US will strike back. Ironically, Russia and China who are supposed to be the bad guys, will gladly step in.
The SMART bad guys are the ones that come bringing gifts and a helping hand at desperate times.
originally posted by: Dem0nc1eaner
You speak as if there isn't clearly one option that is more favourable for the Troika...
originally posted by: Dem0nc1eaner
And your terrace analogy is flawed also. It would be more like if everyone else on the street formed a gang and then sabotaged their roof and asked them to pay them for "protection" to make sure it didn't happen again.
originally posted by: Dem0nc1eaner
Yes, there is corruption in Greece.
No, the Greek people shouldn't have to pay for their corrupt leaders actions.
originally posted by: Willtell
When the hidden masters don’t get their way they strike back quickly, sadistically, and certainly!
They don’t like to be fooled with or denied!
So now expect a certain payback incident like a terrorist strike in or near Greece, or some other catastrophe heaped on them such as this article suggests:
Whatever folks rest assured Greece will get kneecapped in some kind of way
Any group or individual who stops the Globalist agenda always gets it
originally posted by: Cobaltic1978
a reply to: ColCurious
Greece's current Government were elected on promises to stop the austerity measures, so let's be honest, we ca,n't point fingers at this Government, no matter how much you hate socialists.
originally posted by: Cobaltic1978
The Germans have an absolute brass neck imo, as Greece agreed to wipe out 50% of the debt it was owed by Germany after WWII, in 1953.
originally posted by: Willtell
Someone pointed out the hypocrisy of Germany who has over the decades gone to extreme measures to wipe out their own debt and have succeeded
originally posted by: ColCurious
originally posted by: Willtell
Someone pointed out the hypocrisy of Germany who has over the decades gone to extreme measures to wipe out their own debt and have succeeded
Well... that someone is wrong.
Except if you (or that someone) was refering to Germany paying those debts back... like the European Recovery Program (or "Marshal Plan"), or war reparations from WWII... which are all officially and fully repaid.
Yes... even the ones to the nation of Greece. Ask their previous Governments - and the people who elected and legitimized them.
www.theguardian.com...
Greece on Sunday voted a resounding “no” on a bailout plan proposed by its creditors, making its continued membership in the eurozone more tenuous. German Chancellor Angela Merkel and French President Francois Hollande will hold an emergency summit on Tuesday to discuss the crisis.
But Piketty, who penned the blockbuster 2013 book on income inequality Capital in the Twenty-First Century, slammed conservatives who favor the economic austerity measures Germany and France are demanding of Greece, saying they demonstrate a “shocking ignorance” of European history.
“Look at the history of national debt: Great Britain, Germany, and France were all once in the situation of today’s Greece, and in fact had been far more indebted,” Piketty said. “The first lesson that we can take from the history of government debt is that we are not facing a brand new problem.”
Germany, Piketty continued, has “no standing” to lecture other nations about debt repayment, having never paid back its own debts after both World Wars.
“However, it has frequently made other nations pay up, such as after the Franco-Prussian War of 1870, when it demanded massive reparations from France and indeed received them,” Piketty said. “The French state suffered for decades under this debt. The history of public debt is full of irony. It rarely follows our ideas of order and justice.”
Piketty criticized the “infantile” moral uprightness of Germany, whose economic success upon reunification has led it to rebuke nations like Greece for being in similarly weakened financial states as Germany itself was in decades ago.
Piketty argued that the same debt relief accorded to Germany after World War II should be granted to Greece today.
originally posted by: ColCurious
originally posted by: Cobaltic1978
a reply to: ColCurious
Greece's current Government were elected on promises to stop the austerity measures, so let's be honest, we ca,n't point fingers at this Government, no matter how much you hate socialists.
I don't exactly understand the connection.
I wasn't even pointing fingers. I very much could though... regardless of my feelings towards socialists.
I'm not familiar with the term "have a brass neck"... but just FYI:
Greece had her own 50% debt haircut and debt buy-backs from private holders of Greek Government bonds... at the expense of the taxpayers of other (net contributing) nations within the EU (yours included btw.)
So... what is your point exactly?
LSE Professor of Economic History Albrecht Ritschl conducted research into how Germany was able to pay off its debts after the two World Wars. In particular, his re-interpretation of the scale of financial payments to, and debt forgiveness for, Germany after World War II shed new light on the approach that modern-day Germany should take towards debt-ridden countries such as Greece. Ritschl looked in detail at the financial assistance that was paid to Germany after the war under the Marshall Plan, in which the US gave $17 billion – around $160 billion in today’s values – in economic support to help rebuild European economies. He showed that while the transfers were tiny, the cancellation of debts was worth as much as four times the country’s entire economic output in 1950 and laid the foundation for Germany’s fast post-war recovery…
However, after the Wall Street Crash of 1929, the US demanded full repayment of its loans to
Germany. Ritschl showed that austerity policies imposed on Germany pushed it into the Great
Depression and sovereign debt default. The German government cut state spending, wages and
unemployment pay. Unemployment rose to 6 million. Ultimately this severe depression paved the
way for the rise of the Nazis.
originally posted by: Cobaltic1978
You stated in your initial post that the Socialist Government spent everybody else's money, so you were pointing fingers.
My point being that the Greek people aren't the ones that got their country into this financial mess, yet they are expected to pay the price.