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bemildred

(90,061 posts)

10. Other than the claims of the banks, how would you know?

Mon May 7, 2012, 12:22 PM

May 2012

They don't have a good record of predicting the future effects of their policies. I can assure you that getting their money back, or not, arouses a good deal of emotion in their minds. I want them out of the picture precisely because they are far from objective observers.

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Greece election: EU and Germany firm on Athens bailout [View all] T_i_B May 2012 OP

And that is worth a bucket of warm spit, at this point. bemildred May 2012 #1

The Greeks are screwed no matter what. hack89 May 2012 #2

No point is stringing it out. bemildred May 2012 #5

But the alternatives may be just as bad or even worse hack89 May 2012 #6

Who can say? bemildred May 2012 #7

I can understand that position hack89 May 2012 #9

Other than the claims of the banks, how would you know? bemildred May 2012 #10

We may never know except in hindsight hack89 May 2012 #11

What about changing the repayment date the loans? cstanleytech May 2012 #18

Sound fine to me. hack89 May 2012 #19

Look, these "financial wizards" have got most of what they wanted for 30+ years now bemildred May 2012 #12

But you have nothing to loose if the Greek choose wrong. hack89 May 2012 #14

And you do? bemildred May 2012 #15

I have no strong feelings one way or the other hack89 May 2012 #16

Tsk, that sounds so "emotional". nt bemildred May 2012 #17

For suggesting that the Greeks also share the blame for the mess they are in? OK. nt hack89 May 2012 #21

For thinking that "who to blame" is the proper question to concern oneself with. bemildred May 2012 #22

OK. Thanks for the interesting discussion. nt hack89 May 2012 #23

Likewise. bemildred May 2012 #25

No, your correct, no one put a gun to their head. fasttense May 2012 #32

There has been plenty of rational analysis. But the stooges of the Global Banks sabrina 1 May 2012 #26

Iceland borrowed billions from the IMF in addition to accepting IMF austerity measures. hack89 May 2012 #27

Iceland did what all those countries should have done. sabrina 1 May 2012 #29

apples and ...gyroscopes dmallind May 2012 #28

Got anything to back up your opinion? Most credible financial analysts do not agree with you. sabrina 1 May 2012 #30

Maybe the Greeks can Berlin Expat May 2012 #31

Sound like threats to me. fasttense May 2012 #3

As soon as they started paying their bills HotRodTuna May 2012 #4

The EU is the German Empire without the Kaiser. Odin2005 May 2012 #8

Frau Merkel is not the Empress? Jack Rabbit May 2012 #13

How are the germans in the wrong here? 4th law of robotics May 2012 #34

Revolt against the pirate looting of the banks! librechik May 2012 #20

If my deadbeat brother-in-law, who already owes me thousands, wants to keep borrowing more money Nye Bevan May 2012 #24

No. Which is why Greece should leave EU and build new financial bridges. David__77 May 2012 #33

Why do you think that "help" won't come with equally onerous strings attached? hack89 May 2012 #35

How about Greece leaves the Euro rather then the EU? T_i_B May 2012 #36

They are still broke regardless of what currency they are broke in. nt hack89 May 2012 #37

But at least they would have control over their own currency T_i_B May 2012 #38

Judging from the massive currency outflows from Greek banks hack89 May 2012 #40

But then you could also ask... T_i_B May 2012 #41

I don't know if the illusion of control really means much at the moment. hack89 May 2012 #42

The obvious reply to that.... T_i_B May 2012 #43

Pain either way, feel bad for the good folks of Greece sti08dem May 2012 #39