Greece - here come the lefties

[Dondilion]

Originally Posted by nailer

We're the new Rome. Get with the program.

Damn! Nailer nails it.

[donquixote99]

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.

Actually, we're the new Athens, and Iraq was our Sicily.

[merrylander]

See Harold Meyerson's Op Ed piece in today's WaPo, maybe someone should send Angela a copy.

[Dondilion]

Originally Posted by merrylander

See Harold Meyerson's Op Ed piece in today's WaPo, maybe someone should send Angela a copy.

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

[nailer]

Harold made a good point that many Germans tend to forget when they gaze upon their post war economic recovery.

[Tom Joad]

http://www.alternet.org/paul-krugman...ares-has-ended

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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[Dondilion]

Here is an 2012 article dealing with Germany/Greece military smelly financial connections.

http://www.theguardian.com/world/201...ng-debt-crisis

[Dondilion]

Originally Posted by Tom Joad

http://www.alternet.org/paul-krugman...ares-has-ended



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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.

[nailer]

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.

[Rajoo]

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..