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01-28-2015, 10:38 AM
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Ready
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Join Date: Oct 2013
Posts: 19,174
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Quote:
Originally Posted by nailer
We're the new Rome. Get with the program.
We definitely want an economically healthy Europe, and a viable Euro is now part of that. I remember reading an Economist article a while ago that left me with the impression that Greece isn't concerned about paying back the money. After all, the lenders can't take Greece away from the Greeks.
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Actually, we're the new Athens, and Iraq was our Sicily.
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01-28-2015, 06:32 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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The Greeks, Italians and Spaniards were all encouraged to buy Germany's products so Angela got rich and they went into debt then the smart asses on Wall Street pulled the rug out from under everyone. Sure Pete there was a free lunch just ask the Koch bros.
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01-29-2015, 08:55 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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See Harold Meyerson's Op Ed piece in today's WaPo, maybe someone should send Angela a copy.
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01-29-2015, 09:31 AM
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Jigsawed
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Join Date: May 2009
Posts: 10,580
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Quote:
Originally Posted by merrylander
See Harold Meyerson's Op Ed piece in today's WaPo, maybe someone should send Angela a copy.
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Thanks! I read in the comments Germany lent Greece money to buy 800
Leopard tanks.
I hope this was not so.
http://www.washingtonpost.com/opinio...440_story.html
Last edited by Dondilion; 01-29-2015 at 09:33 AM.
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01-29-2015, 09:55 AM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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Harold made a good point that many Germans tend to forget when they gaze upon their post war economic recovery.
__________________
"We have met the enemy and he is us."
Last edited by nailer; 01-29-2015 at 10:49 AM.
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01-29-2015, 10:15 AM
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Persona non grata
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Join Date: Oct 2013
Posts: 12,654
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One of the World's Biggest Economic Nightmares Has Ended
http://www.alternet.org/paul-krugman...ares-has-ended
Quote:
Fed up with suffering through ill-conceived austerity economics, Greece has overwhelmingly elected a leftist leader who has promised to end this particular brand of punitive, failed policy. His name is Alexis Tsipras; he's leader of the left-wing Syriza coalition, and, as Paul Krugman writes in Monday's column, he is already being warned by various fiscal scolds to behave “responsibly.”
"So how has that responsibility thing worked out so far?" Krugman asks.
Answer: By just about any measure, it's been a disaster and has resulted in a great deal of suffering. Per Krugman:
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continue
__________________
"The enemy of my enemy is my friend."
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01-29-2015, 10:36 AM
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Jigsawed
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Join Date: May 2009
Posts: 10,580
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Quote:
Originally Posted by Tom Joad
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Of course looking for "historical example" is not in the IMF playbook.
Under the IMF the well connected grab and milk important economic assets
with the assurance that banksters will be repaid regardless of the human cost.
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01-29-2015, 11:03 AM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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Human material wealth has always been based on a human cost, even in the best and most prosperous of times. Our declining middle class wealth was acquired at a human cost. Capitalism is all about winners/losers. The alphas always lead the tribes. At least that's how it appears to me.
__________________
"We have met the enemy and he is us."
Last edited by nailer; 01-29-2015 at 11:18 AM.
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01-31-2015, 12:11 PM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,212
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This case has given Putin another opportunity to meddle in international affairs with Greece all ready to paint themselves red. Will be interesting to see what the US and Germany will do to keep Greece solvent. Either way, Greece will come out ahead meaning nothing will change economically for the long term..
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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