reply to post by charles1952
Is there any truth to the rumour that the government paid out more in benefits than it could afford, and when they decided to cut back on
benefits the people went beserk?
Yes.
But thing is, Greece should have never been allowed into the EU. Why did they were allowed in then? Well Goldman Sachs (yes them again) cooked their
books so they could enter the EU.
Greece's politicians, like in all of our western countries, promised way more and gave way more that was possible in the long run... since Greece was
already at the end of the rope but Goldman gave them a few more years, but in the EU, well now it's a EU problem.
But what's real in Greece is also real here. Our whole system is a ponzi scheme. Just in the US, the FED is manipulating the bond market so congress
can run crazy deficits again and again. Medicare/medicaid are bankrupt. Social security too. Why does it continues right now? Because of what the FED
is doing also, the dollar is the reserve currency.
But Greece is no different. They are just at the ``end of their rope``... which all of our societies will be at some point in the future. Italy, Spain
and Portugal are almost at theirs. Germany, the US, the UK, Japan and France, even if they look alright now, are on the brink too because of their
banks. And when it comes down to it, they are worst off than Greece.
Greece is just further in the process. They are at the end of it. Just as an example, in Quebec, down the line, there will be something like 3-4
people on pensions for every 1 person working. Same thing in Japan. And the politicians still say that people will get their pensions. IT AIN'T
POSSIBLE.
What ALL of our countries need to do is : default on the debt. Let the bad banks go under. Reform the whole system. Nationalize the national banks.
Arrest and put in jail all the banksters and their political puppets.
Basically do like what ICELAND has done, the only country with balls.