Ohio population.....11,485,910 in 2008
Greece Population...10,787,690 in 2008
Who'd have guessed such a insignificant small nations people could demand the entire European Nations to bend their knees to another bailout when they all know fully well Greece has been spending way over it's means for years and years and even now continues to do so....amazing really.
Coming soon to your TV: “My Big Fat california Debt Riots!”
Think Greece is bad, just wait until California runs out of money to pay for it’s vote-buying handouts.
Wellllll..... to be complete in our information, we have to realize that there’s two sides to the ability of Greece to demand bailouts.
On the one side (the most public one) are the Greeks, with their outlandish deficit spending and the criminal lengths to which their political leadership went to hide this debt - by use of SIV’s from Goldman Sachs.
On the other side is France and the French bureaucrats, who have this idiotic ideal of a “united states of Europe” to challenge the US on economic and world affairs. It is the French who insisted that Germany pay up to bail out Greece (mostly because French banks are so absurdly exposed to Greek paper), and it is the French who are peddling the “Euro ideal” harder than anyone. The Germans were mostly drug into this charlie-foxtrot by the French and their own bankers. The common man in Germany has been more than willing to throw Greece out of the Euro/EU from the get-go. Matter of fact, many German financial people were against allowing Greece into the Euro in the first place...