• Guest, The rules for the P & N subforum have been updated to prohibit "ad hominem" or personal attacks against other posters. See the full details in the post "Politics and News Rules & Guidelines."

Haven't a Greece thread lately...

Page 4 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

KAZANI

Senior member
Sep 10, 2006
527
0
0
Each of the loans was significantly cheaper than what the markets wanted. Otherwise Greece would've just taken the loans from the markets with no political strings attached.

Just because you think that Greece deserves even better conditions doesn't change the fact that that what Greece already gets is already much better than what the markets seem to consider fair for a country like Greece.
The bottom line is those are not free handouts and the debt is still unsustainable. Go ahead believing pilling up more debt is beneficial to Greece.

Because what you seem to consider the solution (the rest of Europe just pays off your debt and gives you a fresh credit card via Eurobonds and you go on with business as usual)
You are being rude. I already asked to elaborate on how you deduced that and you only repeated your claim.

Hell, Greece is rioting and electing extremist parties while it's getting money. Just imagine how politically difficult this must be for the countries who have to give the money.
Oh, poor Germany must be torn apart by reducing Greece to ashes in order to prop up its own economy and having Greeks show ungratefullnes by voting in Nazis! But history paints a different reality. First they helped create a clientelist estalishment to do business with and now they use that same political system to "reform" the corrupt state. If Germany was worried about about the Nazis they would have first made sure their WW2 Nazis didn't keep big corporations and did business with the rest of the world. They also would have made sure to pay reparations to and repay the loans they took from Greece during the occupation. They would have extradited the scions of Nazi Germany collaborators who are involved in huge political and economic scandals and find safe haven in Germany right now. But they don't, so spare me the German taxpayer drama!

setting a precedent that a bankrupt country can blackmail the entire Euro zone by threatening to leave would be even worse
Don't attribute your own hostile stance to others. Here's what you said above:

Forcing Greece out of the Euro zone would be as simple as stopping the payments.
 

KAZANI

Senior member
Sep 10, 2006
527
0
0
And I'm not bashing Greece, simply acknowledging (along with the rest of the world) Greece's spectacular socialist failure and pointing out (again, along with the rest of the world) ...blah blah blah

No, you are just ignoring facts that deconstruct your biased arguments.
 

spacejamz

Lifer
Mar 31, 2003
10,368
683
126
Goose is almost cooked. Greece should be out of the Euro fairly soon now. I know we've said this for a long time, but they keep pulling a rabbit out of the hat, each one not helping them long term at all. The writing was on the wall years ago.

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100019006/who-will-hold-the-troika-to-account-for-asphyxiating-greece/
US companies conduct fire drills in case Greece exits euro

http://www.msnbc.msn.com/id/48881981/ns/business-us_business/#.UETFYpaz58E

Getting closer and closer...

I wonder what the response would be if you were to ask a greek citizen for their solution to this crisis...Hate the Germans for not letting them borrow more money that would allow them to continue their current lifestyles ?
 

KAZANI

Senior member
Sep 10, 2006
527
0
0
I wonder what the response would be if you were to ask a greek citizen for their solution to this crisis...Hate the Germans for not letting them borrow more money that would allow them to continue their current lifestyles ?
Aren't you people tired of repeating that same old misinformation about some alleged profligate greek lifestyle and getting rebuted again and again. The throngs of destitutes going at the daily soup kitchens, the transformation of athenian streets into a menagerie of immigrants and the rekindle of the fascist Holocaust is most certainly NOT Greeks living the high life, and FUCK YOU for having the impudence to continue that vile and slanderous rhetoric! Also, let me remind you that it was the german government that opposed a referendum in Greece about the bailouts late 2011 and who fought against a change of the political status quo in the June 2012 elections. It's some greedy financeers in collusion with some greedy companies and some very very corrupt state officials those who benefit from the ponzy austerity and who want to burn Europe to the ground in order to continue THEIR PROVEN luxurious lifestyles.
 

Doppel

Lifer
Feb 5, 2011
13,306
2
0
Aren't you people tired of repeating that same old misinformation about some alleged profligate greek lifestyle and getting rebuted again and again. The throngs of destitutes going at the daily soup kitchens, the transformation of athenian streets into a menagerie of immigrants and the rekindle of the fascist Holocaust is most certainly NOT Greeks living the high life, and FUCK YOU for having the impudence to continue that vile and slanderous rhetoric! Also, let me remind you that it was the german government that opposed a referendum in Greece about the bailouts late 2011 and who fought against a change of the political status quo in the June 2012 elections. It's some greedy financeers in collusion with some greedy companies and some very very corrupt state officials those who benefit from the ponzy austerity and who want to burn Europe to the ground in order to continue THEIR PROVEN luxurious lifestyles.
Your country is indeed corrupt as hell, but you let it become that way. And yes Greece suffers from gross profligacy, I see no other accurate way to describe rampant, systemic, long-term deficit-maintained society as anything but.

I am not the pot calling the kettle black: The US suffers from essentially the same ills, though just on a smaller relative scale. The math dictates that the way Greece has conducted itself for years and years on end is not sustainable, no matter the juggling attempted.
 

KAZANI

Senior member
Sep 10, 2006
527
0
0
Your country is indeed corrupt as hell, but you let it become that way. And yes Greece suffers from gross profligacy, I see no other accurate way to describe rampant, systemic, long-term deficit-maintained society as anything but.

I am not the pot calling the kettle black: The US suffers from essentially the same ills, though just on a smaller relative scale. The math dictates that the way Greece has conducted itself for years and years on end is not sustainable, no matter the juggling attempted.
But you see, corruption is not the issue when people accuse Greeks of beging for money from Germans. It's an implicit yet obvious way of keeping the "lazy Greek" myth alive, so that the ponzy scheme of austerity can be maintained. Also, I like how you totally ignore Germany's role in maintaining the VERY SAME CORRUPT political regime in Greece that they are ostensibly keen to see replaced. Do not come here pretending that you are only stating self-evident truths about Greece, because you are just on a crusade to throw as much mud as posible in order to justify turning entire countries into serfs to bankrupt banks and greedy capitalists.
 

ASK THE COMMUNITY