Well, austerity basically states that they will increase there tax rate, they will cut there pensions they paid into and give that money to the international bankers basically robbery.

Here is the problem, when you tax a country this way the very nature means it will go into a depression.

Its like getting a 100k dollar loan and quitting your job 5 minutes later.
Sure you have 100k but you have to pay that back wile you owe money on your mortgage,health-care for the kids, food and whatever else.

Its a shark loan, look at the IMF's history of loans. Most of them default. THen imf comes in and takes land,water,mineral rights of the land then rents it back to the government and citizens.

It is theft. Everyone knows it. When they see government debt it is like a give away they will lend you everything because they know that they get to choose when you default and when they do they get to choose the price you pay at the expense of the individual citizens. They will get parliament or congress to prance around and fight for them, oh we must pay back the bankers people. We did a bad thing you want to much stuff its all ur fault so we have to take more money from you.
Its a lie lie lie.
It is designed to destroy governments and steal real assets.

Originally posted by catwhoknows
Here is why the Greeks are mad at the people who saved them.

The Greeks think they are the greatest people who ever lived.

They think their country is the best country ever.

Here is an aside - Greeks are so into their own country they are up its bum.

That is why it failed.

Why are racist posts like this tolerated?

Moderators seem to be quick to remove off topic posts, yet racist posts remain...