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In reply to the discussion: No more orders or austerity from Europe, Greek PM says [View all]TooPragmatic
(50 posts)I had wrong language settings on on my phone and autocorrect screwed me over.
I agree that Goldman and the government should have been made accountable for their actions. However because of the governments involvement, official statistics were also fudged. Because of that I don't think other banks or entities should be held accountable for relying on those statistics. And everyone got screwed over big time. Especially those Greeks who have paid the ultimate price.
But defaulting is not the answer and I hope that all sides would come to an agreement on some form of debt negotiations so that Greece could provide more growth driven policies. But also they should pay their debts in a flexible manner. If Greece defaults it could harm Podemos in Spain because of the consequences of the default. But it would also undermine EU as an institution since they would seem cruel and ruthless.
Ultimately a default could benefit right wing protest parties who could point out these failures and get people to go against the EU favouring nationalism. And that hasn't been that good in the past either.
Europe rather than be divided should be more integrated. People should also care about voting in the parliamentary elections, since many heads in EU get their position through that parliament. But there should be checks against lobbying so that it wouldn't get the same flaws that the US congress currently has. Then Greece wouldn't have had to go through all this and things would be a bit better.