Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 05/07/2016 11:15:18 AM PDT by Lorianne
[ Post Reply | Private Reply | View Replies ]


To: Lorianne

Not a surprise. The reason for the bailout is that they couldn’t keep up w/the debt payments. To keep them from going into default, more loans were given to pay the debt service.

The only real scandal here is how the greek debt got so bad to begin with.


2 posted on 05/07/2016 11:18:26 AM PDT by fruser1
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne
The Greeks got the money years ago when their government borrowed it and pissed it away. Why should they get that money back to do it again?
4 posted on 05/07/2016 11:51:17 AM PDT by KarlInOhio (An orange jumpsuit is the new black pantsuit.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne

[ German report: Bailout has saved banks, not Greece ]

Gee, that sounds familiar. Almost like something that happened here....


7 posted on 05/07/2016 1:29:14 PM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Lorianne

Why am I not surprised? Things are very bad down in Greece. That said, I am very proud of my cousins and what they have tried to do for the refugees from Syria!


8 posted on 05/07/2016 2:15:44 PM PDT by Kolokotronis (Christ is Risen and you, O death, are annihilated!)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson