reply to post by mobiusmale
Look at it in terms of your own family finances. If your parents say that they will lend you some money, so that you can pay back some other
debts - but that they will only do so if you cut back on your spending.
Does this mean you will have to cut back on your lifestyle? Yes. Does it mean that you will eventually be able to stand on your own two feet again?
Also, yes.
You still do not get it. Let me ask you again : " How can you repay your debts, if you have no growth ?" Or to put it to your example, "How can you
repay the debt to your parent, if you can not generate money to repay the debt?" The solution which you propose, is more debt and cuts. In other
words, you will keep lending money, thus increasing the debt. The debt now amounts to 169%, and more than 20% unemployment, no growth and more cuts
and taxes. That is the success of the "Merkel-solution".
Well...go ahead and turn down the funds, while defaulting on your current debts. Let's see how much growth you will have in the Greek economy.
Let's see if anybody wants to invest in Greece for the next 20 years or so.
Greece has an, an ongoing default for the last few years inside the EU. The only difference is that the new measures it´s a "sell-out". So whether
inside the EU and broke, or outside of the EU and broke, investments will be zero.
Look...I get the anger, and the reluctance to "face the music".
No, i do not think you do. The fact is that what Greece is facing the last years, is a default in process. The only difference with the new measures,
instead of helping the "Growth", these measures are to drain, even the last resources that Greece has, for the benefit of foreign creditors, and to
create the Firewall, to stop the contagion, that might come if Greece exits the EU.
At some point, the bill collectors will come to call. And the consequences are usually less than pleasant or convenient.
Let me rephrase your sugar-coated statement. The powerful interests of bankers, entanglement, usury, economy, the political forces that destroyed the
country, they all represent the rescuers today. The saviors of the interests of the few who present the "sugarcoated - slavery" and "sell out" as
a "national need".
Peace
I certainly do agree that the people of Greece heavily contributed to the problem as well and now have a responsibility.
) .....and in Athens the
final start toward the bottom of modern civilization begins. 
