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freshwest

(53,661 posts)

2. What do the German people lose from Greece defaulting? They invested in these banks, no?

Reply to kpete (Original post)

Sun Jun 17, 2012, 11:43 PM

Jun 2012

If they lose their earnings, pensions, etc. might some kind of right wing group gain acceptance in Germany itself, to enforce austerity on them, too?

Just talking worst case scenario, AFAIK, Germans are doing fine economically. The paid their taxes to finance their country. I don't know how this debt not being paid affects the German government.

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Highlight:

Too Many Bankers � Not Enough Guillotines [View all] kpete Jun 2012 OP

We're not of rope are we ? russspeakeasy Jun 2012 #1

Please reread your post. YellowRubberDuckie Jun 2012 #9

I'l guess if should have read 'out of rope' (nt) muriel_volestrangler Jun 2012 #10

Sorry, it should have read "out of". russspeakeasy Jun 2012 #11

What do the German people lose from Greece defaulting? They invested in these banks, no? freshwest Jun 2012 #2

K&R'd. snot Jun 2012 #3

Nice title, but nothing about Guillotines ArcticFox Jun 2012 #4

Joseph Ignace Guillotin longship Jun 2012 #5

Guillotin was not guillotined. Pab Sungenis Jun 2012 #7

Spam deleted by tjwmason (MIR Team) Stephanie69 Jun 2012 #6

Greece will have to stop spending money it doesn't have or accept austerity. badtoworse Jun 2012 #8