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TooPragmatic

(50 posts)

86. But they don't owe much to banks anymore

Fri Jan 30, 2015, 11:50 PM

Jan 2015

As in my previous comment, 3% of Greek debt is held by Greek banks, 1% by foreign banks. Most of the Creditors are other European countries and IMF and the ECB. If Greece defaults, it is out from other European citizens, not banks.

And ALL governments take from it's people to pay for interest. That is part of the social contract. And Greece uses money mainly on other things since it servicing costs on its debt is about 2.6% of GDP. If you want to respond to my comment, at least check the links I post.

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Highlight:

Russia to the rescue? [View all] another_liberal Jan 2015 OP

Who didn't see THAT coming. Adrahil Jan 2015 #1

Greece may prefer to be in debt to Russia . . . another_liberal Jan 2015 #4

....you're right.... myohmy2 Jan 2015 #13

Do you really want a Uni-polar World . . . another_liberal Jan 2015 #23

Me neither... Adrahil Jan 2015 #38

Which kleptocracy of Oligarchs? Cayenne Jan 2015 #58

Both, really. Adrahil Feb 2015 #93

There might also be a special place in Russia's heart for Greece, Art_from_Ark Jan 2015 #32

You mean, subverting their own sovreignty? Adrahil Jan 2015 #37

More BS propaganda from Russia Today oberliner Jan 2015 #2

Please limit your comments to the topic of the OP . . . another_liberal Jan 2015 #5

That IS the topic of the OP FBaggins Jan 2015 #8

Really? malaise Jan 2015 #12

There's a clear difference between political bias FBaggins Jan 2015 #29

The previous (mis)administration Art_from_Ark Jan 2015 #36

And that highlights the difference FBaggins Jan 2015 #40

Guess that's why we were lied into an illegal war malaise Jan 2015 #45

Russia Today, if anything, has a liberal bias JonLP24 Jan 2015 #77

I'm sorry, but are you serious, Jon? AverageJoe90 Jan 2015 #83

Here is the way I look at it JonLP24 Jan 2015 #84

The other day this happened... zappaman Jan 2015 #48

Both rw propaganda.. RT is a putin state propaganda outlet and fox "news" is a US anti-Democratic Cha Jan 2015 #18

Foreign Affairs don't lend themselves as easily to right/left comparisons FBaggins Jan 2015 #33

They certainly aren't RW propagnada JonLP24 Jan 2015 #79

The OP is from a Russian government propaganda outlet oberliner Jan 2015 #9

You are not required to read my OPs . . . another_liberal Jan 2015 #15

Posters may respond to an OPs as each poster sees fit to LanternWaste Jan 2015 #24

Likewise people aren't banned from mocking RT just because it hurts your feelings mythology Jan 2015 #41

So it tells you that Putin is offering to help Greece aquart Jan 2015 #55

Lol again! FBaggins Jan 2015 #44

The poster can write anything he or she damn well pleases. You don't have control. HERVEPA Jan 2015 #60

A it seems is the poster. love_me_some_pickles Jan 2015 #53

you made it to 5 before starting up again. See, it is possible to be civil, too bad uppityperson Jan 2015 #57

It is a discussion board sometimes a thread just goes off on tangents...it'll be okay, Putin does it snooper2 Jan 2015 #43

Why the fuck fo you always try to order people as to what they should write? HERVEPA Jan 2015 #59

I don't understand why this continues. nilesobek Jan 2015 #80

Actually, the made-up part comes from the DUer, who mischaracterises what RT wrote muriel_volestrangler Jan 2015 #22

I mis-characterized nothing . . . another_liberal Jan 2015 #50

Are you aware of the difference between 'might' and 'is offering'? muriel_volestrangler Jan 2015 #63

An "offering" is always conditional . . . another_liberal Jan 2015 #65

So, you are unaware of the difference. muriel_volestrangler Jan 2015 #67

Of course there is a difference, they are two different words . . . another_liberal Jan 2015 #69

Well it is not in Russian nt Duckhunter935 Jan 2015 #78

Would that be enough to moderate EU's demands? aquart Jan 2015 #56

... William769 Jan 2015 #39

I can't believe people here on DU choose ignorance. MattSh Jan 2015 #62

... SidDithers Jan 2015 #3

Lol! "It's everyone else in Europe who is going broke" FBaggins Jan 2015 #6

That was politically motivated, and would be a big deal . . . another_liberal Jan 2015 #7

You obviously haven't been paying attention FBaggins Jan 2015 #10

Yet they are offering to bail out Greece? another_liberal Jan 2015 #14

Please show where they have offered to bail out Greece. NCTraveler Jan 2015 #19

I take it you have not yet read my OP . . . another_liberal Jan 2015 #25

Translation: I take it you have not yet read the stuff I made up.... FSogol Jan 2015 #42

At least read the title of the article I quoted from . . . another_liberal Jan 2015 #51

Why? It could read "FSogol might bailout Greece � finance minister" for all the likelihood FSogol Jan 2015 #54

You have inside information for that prediction . . . another_liberal Jan 2015 #71

Why is that a conflict? FBaggins Jan 2015 #27

If the sanctions are driving Russia into bankruptcy . . . another_liberal Jan 2015 #30

What an overly-simplistc world you appear to live in FBaggins Jan 2015 #34

You are putting those "overly-simplistic" words in my mouth . . . another_liberal Jan 2015 #49

Nope. The strawman was yours. Let me un-simplify it for you. FBaggins Jan 2015 #61

Like I have already said . . . another_liberal Jan 2015 #70

ROFL malaise Jan 2015 #11

I noticed nobody talks much about the BRICS Ichingcarpenter Jan 2015 #16

+1,000 malaise Jan 2015 #17

Wars have been started for less newfie11 Jan 2015 #21

They already do feel threatened . . . another_liberal Jan 2015 #28

Greece hasn't vowed to block the EU-sanctions on Russia. DetlefK Jan 2015 #20

They did block the EU's imposition of any "New sanctions." another_liberal Jan 2015 #26

Once they did that, it was obvious they had already worked out financing from Russia FLPanhandle Jan 2015 #31

Sounds quite believable . . . another_liberal Jan 2015 #47

I have sources. Do you? DetlefK Jan 2015 #35

Yes, and I always give the address . . . another_liberal Jan 2015 #46

Is Russia going to borrow the money to lend to Greece from love_me_some_pickles Jan 2015 #52

Last I heard, Russia has one of the largest foreign currency reserves in the World . . . another_liberal Jan 2015 #72

That is funny as hell!!! love_me_some_pickles Feb 2015 #94

Granted I'm not the most knowledgeable person on economic issues Arcanetrance Jan 2015 #64

It would depend on the kind of deal they might get from Russia . . . another_liberal Jan 2015 #73

They will be selling Stoli at the Parthenon. DCBob Jan 2015 #66

Not necessarily . . . another_liberal Jan 2015 #74

They should definitely go for it. nt Nuclear Unicorn Jan 2015 #68

Oh hell yes they should! another_liberal Jan 2015 #75

Not taxes, loans. TooPragmatic Jan 2015 #82

"Taxes" as I'm using the term is a figure of speech . . . another_liberal Jan 2015 #85

But they don't owe much to banks anymore TooPragmatic Jan 2015 #86

The ECB is largely funded by major German banks . . . another_liberal Jan 2015 #87

No, still wrong... TooPragmatic Jan 2015 #88

All governments may lose money . . . another_liberal Jan 2015 #90

Green default is not that big TooPragmatic Feb 2015 #91

If what you suggest is accurate . . . another_liberal Feb 2015 #92

This message was self-deleted by its author Corruption Inc Jan 2015 #76

There is a great deal to talk about, the subject is suddenly exciting! another_liberal Jan 2015 #81

Mother Russia seveneyes Jan 2015 #89

Russia is not an easy place to be a dissident . . . another_liberal Feb 2015 #96

I'll believe it when I see it treestar Feb 2015 #95