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ljm2002

(10,751 posts)
20. You mean, "The Greek elites wanted a lifestyle...
Sat Jul 25, 2015, 11:41 AM
Jul 2015

...they couldn't or wouldn't finance".

Greek pensions are in line with other European countries. The Greek population is older than most populations in the EU, so there are more people receiving pensions. The wealthy Greeks are used to not paying taxes, that is true. Syriza has made inroads there but not enough.

But you and many others think that the sins of the elites should be visited on the Greek people en masse. And you hold Goldman Sachs simply not responsible. Their finagling is A-Okay apparently.

Since they are on the Euro, Greece has no ability to change their currency exchange rates as they could if they had their own currency. Regardless of what has come before, their hands are tied in an economic sense.

Disaster capitalism wins again. Sad to see so many DUers cheering it on though.

Greece has lied to EU about its finances since the year 2000. DetlefK Jul 2015 #1
Those poor, lying Greeks. Have you no sense of compassion?? randome Jul 2015 #2
Oh here we go again... ljm2002 Jul 2015 #3
1. I have no idea why they chose austerity as a strategy. DetlefK Jul 2015 #6
Again: Any debt that CANNOT be paid... ljm2002 Jul 2015 #7
It was Greece that asked Goldman Sachs for help! DetlefK Jul 2015 #9
First idea: ljm2002 Jul 2015 #10
The exchange is pointless because you aren't willing to admit that the Greek people caused this mythology Jul 2015 #13
I don't believe for an INSTANT that the "Greek people" caused this... anymore than "I" caused OUR PassingFair Jul 2015 #16
. ctsnowman Jul 2015 #19
Because saying something was widespread means literally all? mythology Jul 2015 #27
You must have missed this part of my post: ljm2002 Jul 2015 #17
Second idea: Don't give Greece any f**king money. DetlefK Jul 2015 #15
And yet... ljm2002 Jul 2015 #18
So, which German bank do you work for? KamaAina Jul 2015 #24
The big shadowy one with an island lair shaped like a skull. DetlefK Jul 2015 #28
Oh, that's just too good! randome Jul 2015 #30
That doesn't narrow it down a whole lot. KamaAina Jul 2015 #32
Another principle of finance: cemaphonic Jul 2015 #22
Apparently we're supposed to either forget that part or assume that mythology Jul 2015 #12
You mean, "The Greek elites wanted a lifestyle... ljm2002 Jul 2015 #20
Greek pensions started earlier than other countries mythology Jul 2015 #26
I get it. ljm2002 Jul 2015 #29
Comparing nations to your friends is a great indication that you should be ignored Taitertots Jul 2015 #4
But the EU still has to work with the numbers Greece provides to them. DetlefK Jul 2015 #5
"Trust"? The pseudo-moralist position has no basis in reality. Taitertots Jul 2015 #8
Why help Greece in any way if you can't trust it? DetlefK Jul 2015 #14
Were the numbers falsified? ljm2002 Jul 2015 #21
Oh, they were falsified before Goldman Sachs ever entered the stage. DetlefK Jul 2015 #23
The Greeks upheld austerity when they refuse to reign in corruption and their tax evaders. kelliekat44 Jul 2015 #11
Unbalanced? Selfish? randome Jul 2015 #25
I'll throw in some naive questions/observations... Eleanors38 Jul 2015 #31
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