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In reply to the discussion: Clashes break out at Athens anti-austerity march [View all]Yo_Mama
(8,303 posts)19. Parliament voting now; BBC link UPDATE PASSED
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You think folks would blame the schnitzel salesman for Merkel's loan conditions?
Nye Bevan
Jul 2015
#30
I just don't see how that is going to change anythin, but dig a deeper hole. Nobody wants austerity.
Hoyt
Jul 2015
#6
The quickest way out of this mess is debt relief and a repayment moratorium
GliderGuider
Jul 2015
#10
they have instituted the required austerity, which is what crushed their economy
magical thyme
Jul 2015
#17
No, what crushed them is their economy is a tourist based one similar to Puerto Rico.
cstanleytech
Jul 2015
#32
wrong on many counts. Sorry, but I'll take Krugman over an anonymous poster any day.
magical thyme
Jul 2015
#34
The US model in your example is a poor one to use unless the EU was setup to do that.
cstanleytech
Jul 2015
#35
That is my point. (And you're confusing the European Union with the Eurozone)
magical thyme
Jul 2015
#38
Yes nothing build with "now" but if they get an extension on that debt so that they do not
cstanleytech
Jul 2015
#40
Oh they are going kick scream over it but I dont believe they have a realistic choice but to do so
cstanleytech
Jul 2015
#44
Greece did the prior reforms. The Troika refused to give any debt relief all along,
magical thyme
Jul 2015
#45
ok, everything I've seen now says they did. But then, there is also this from the IMF:
magical thyme
Jul 2015
#49
Ya they messed up somewhat but so did Greece as the IMF did say that if Greece had complied
cstanleytech
Jul 2015
#50
and the IMF said the Greeks were in uncharted territory with the extent of tax increases & austerity
magical thyme
Jul 2015
#51
no. the war reparations and the forgiven reconstruction loans are 2 different things.
magical thyme
Jul 2015
#53
and why did the Troika choose cover private bank losses with public debt? nt
magical thyme
Jul 2015
#57
you don't know that taxing the shipping industry would kill it (although I'm sure the 1% shippers
magical thyme
Jul 2015
#59
Who is going to let them die? Probably is time for a special election or somethin?
Hoyt
Jul 2015
#16
Everything dies, stars, planets, animals, people. Everything ends eventually even the universe. nt
cstanleytech
Jul 2015
#18
Well they cant do that nor can they really save Greece either, only the Greek people can.
cstanleytech
Jul 2015
#24
Yes they could but they also have helped before dont forget and Greece failed to follow through on
cstanleytech
Jul 2015
#27
they instituted the required reforms. The austerity without debt relief failed, as the IMF
magical thyme
Jul 2015
#46
Forgive all of Greece's debt tomorrow and their economy still can't sustain a Euro peg
Recursion
Jul 2015
#36
There will be more people on the street if parliament votes to accept the terms
Ilios Meows
Jul 2015
#12
Of course they approved the bailout - will the rebellion spread outside Athens though?
Baclava
Jul 2015
#33
I wonder how many of the same protesters would be complaining about exiting the EU?
FLPanhandle
Jul 2015
#23
EU taxpayers are not footing their deficit. They are bailing out the French, German
magical thyme
Jul 2015
#47