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

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: fruser1

The only real scandal is how the EU/IMF manages to keep the Greek governments compliant with the current slow torture ... but eventual bankruptcy is still unavoidable.


3 posted on 05/07/2016 11:41:45 AM PDT by mvonfr
[ Post Reply | Private Reply | To 2 | View Replies ]

To: fruser1

Too many overpaid tax eaters retiring on fat pensions in their 50s. Same as here.


5 posted on 05/07/2016 11:53:37 AM PDT by Trod Upon (To be labelled "far-right" by modern journalists, one need do no more than NOT be far-left.)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: fruser1

Where do you think IMF money comes from? Why are American taxpayers bailing out German banks? That’s not a scandal?


9 posted on 05/07/2016 4:53:38 PM PDT by Hugin (Conservatism without Nationalism is a fraud.)
[ Post Reply | Private Reply | To 2 | 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